Sramana Mitra: Talk to me a little bit about what you see as the early stage investment game. It has become very tricky. How does a small fund or even angel investors compete with the mega funds that put in $100 million in Series D with 3x liquidation preference. How do you prevent being washed
Sramana Mitra: In the domain of self-driving cars, are there things that you have identified as opportunities where startups can play and perhaps venture-scale opportunities within that realm? Stewart Alsop: We’re the lead investor of Twitch, which was purchased by Amazon about a year and a half ago. I’ve written checks to two of the
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Stewart Alsop was recorded in May 2016. Stewart Alsop, Partner at Alsop Louie Partners, has been a VC for 20 years, and before that, a journalist for another 20 years in the technology industry.
Sramana Mitra: Tell us about the types of ideas your investors are looking for. Swati Chaturvedi: There is a big trend of combining hardware with software. Robotics is another trend. What is specific to Propel(x) is, we do need some specific innovation. Sramana Mitra: When it comes to IT and specific innovation, there are niche
Sramana Mitra: Talk to us a little bit about geography. You mentioned you’re operating at about five geographies. What are the dynamics of these geographies? I know WebPT is in Arizona. What are the dynamics of the Arizona market right now? Are you seeing a lot of deal flow? Todd Belfer: I see a lot
Sramana Mitra: I’m in agreement with you, by and large. Let me then parse what you said. You’re talking about $1 million to $3 million investment in a company that is doing $1 million ARR. What is the calculation here? Are you going to exit the company with that capital infusion or are you expecting
Sramana Mitra: How about some examples of companies that you have funded within the IT sector? Swati Chaturvedi: One company was including a software in chips sent to OEMs like the Samsungs of the world. The idea there is it is an Internet of Things application. Those chips track every connected device in the home.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Todd Belfer was recorded in October 2017. Todd Belfer, Managing Partner of Canal Partners, talks about financing early-stage niche B-to-B SaaS opportunities. Sramana Mitra: Tell us about Canal Partners. What is the focus of