Sramana Mitra: There is actually a pre-seed problem. There were 70,000 companies that received some sort of early-stage financing. In the last few years, these numbers have been very high but the number of companies that get venture financing remains at 1,200 or so. In the middle where there are companies that have crossed over
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Scott Sandell was recorded in February 2015. Scott Sandell, General Partner at NEA, is one of NEA’s star investors. He has been named to the Forbes Midas list every year since 2007, and has
Sramana Mitra: Of your ventures that have raised venture money, have they raised venture money from these $75 million to $100 million funds, or have they raised money from the bigger funds? Venktesh Shukla: They typically raise money from bigger funds because these are big spaces. One of them was how do you handle structured
Sramana Mitra: You can play this with a very specific domain focus with a specific set of corporate around you. In some cases, these corporates are investing in these little micro-funds that play this game. It is a little side of the industry that is developing. There are these little niches which are not venture-scale
Sramana Mitra: I’ll provide a bit of commentary for the audience on some of the things that you mentioned as trends. We’ve also seen this unstructured data problem being solved. For a couple of decades, there have been major companies that have been formulated on this unstructured data problem. Autonomy was one of them that
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Venktesh Shukla was recorded in September 2017. Venktesh Shukla, founder of TiE Angels and General Partner Monta Vista Capital, discusses some shifts happening in the world of seed investing. Sramana Mitra: Tell us about
Sramana Mitra: You mentioned BPO jobs going from US to India and now being replaced by bots. That is eliminating all jobs. Same thing is happening in manufacturing. Manufacturing went from America to China and now it’s getting automated. If we get to self-driving cars, there won’t be Uber drivers. There will be self-driving Uber
Sramana Mitra: Can you take us through a couple of your portfolio companies that are really interesting? What can we learn from them? T.M. Ravi: In the Internet of Things space, the big shift is the growing commoditization of devices. Much of the value is moving to applications and data. That commoditization is not just happening