Sramana Mitra: Explain the Zomato business model that you think is going to scale. Rehan Yar Khan: Zomato occupies premium mindshare when it comes to food. From that, you can develop several monetization levers. Some of them get switched on. The older ones like Yelp is where you monetize listings. Newer ones involve food orders
Sramana Mitra: What is the typical round size? Ron Heinz: We typically put in between $3 million and $6 million. Our ownership structures tend to be between 15% to 25%. Our average check size upfront is $5 million and the reserve would be double of that. Sramana Mitra: When you do a Series A in
Sramana Mitra: How do you analyze Flipkart in that context? Has Flipkart gone on to build this whole distribution and logistics infrastructure, which is not asset-light at all? Rehan Yar Khan: Flipkart is not as asset-heavy as building channel stores. It’s not as asset-light as Snapdeal. It does have some backend, but the entire frontend
Sramana Mitra: A couple of points to add to what you said is, I started seeing a bit of an inflection point in Utah after Omniture. Omniture was a very visible success out of Utah. Omniture went public. Adobe acquired Omniture. That has been the milestone. The other thing, from a trend point of view
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Rehan Yar Khan was recorded in September 2016. Rehan Yar Khan is General Partner at Orios Venture Partners, and an early investor in the Indian startup scene. Rehan’s core focus is on the Indian
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ron Heinz was recorded in May 2017. Ron Heinz, Founder and Managing Director at Signal Peak Ventures, a venture firm operating mostly in the Rocky Mountain corridor, discusses what’s happening in Utah, as well
Sramana Mitra: I think it was in 1997. I was funding a company of my own that I had founded. We did all our product development for very little money in India. It was before the trend where you could be building companies in India. I met with 36 venture capitalists before I could find
Sramana Mitra: What stage did you invest in Arkin? Sandeep Singhal: We came in at the very start. We seeded the company. We expect to see more of this going forward. It’s just very efficient if the go-to market strategy is being developed in the US with team members that are based here and the