Sramana Mitra: We started observing the social media trend in the 2003 to 2004 timeframe. In 2007 of course, iPhone came about. The Big Data trend really picked up in the late 2000’s as well. We zeroed in on AI in just about a couple of years ago. There’s a lot of machine learning and
Ho Nam: There are some specific reasons why we like Korea. It’s an interesting overlooked opportunity. There are a lot of VC dollars taking on opportunities in places like China, India, and Israel. No one’s really focused on Korea. It’s only one of six countries in the entire world with a high per capita GDP
Mark Achler: Our preference and our sweet spot is, we like it when there’s velocity and when there’s momentum in the sales pipeline and when there is a scalable way to generate growth, which is also another proxy for saying size and scale of the opportunity. There are a lot of wonderful companies out there
Sramana Mitra: Our philosophy is much more in the former kind of financing. We are very much in the capital-efficient business building with a fundamentals-driven approach. Even if you raise a lot of money, our approach is, you need to do that at the right time with an eye towards the finer fundamentals. Ho Nam:
Sramana Mitra: Can you also double-click down into cyber security? Cyber security has urgency. As a result, it is also one of the most crowded markets of venture capital. It has always been that way. I’ve been in this industry for more than 20 years. There has always been huge amounts of cyber security investments
Sramana Mitra: Let’s switch back to our sweet spot which is the early stage venture game. Series A VCs these days are looking for a million dollar annual run rate and 100% growth rate. If you don’t deliver that, you can’t raise Series A except in very rare exceptions where you have a track record.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Mark Achler was recorded in October 2017. Mark Achler, Managing Director, MATH Venture Partners, discusses their investment strategy and the industry trends. Sramana Mitra: Tell us about MATH Ventures. What is the focus of
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ho Nam was recorded in April 2016. Ho Nam, Managing Director at Altos Ventures, makes a clear distinction between capital efficient company building and the “grow at costs in all sorts of unsustainable ways”