Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ken Elefant was recorded in December 2017. Ken Elefant, Managing Director at Sorenson Capital, discusses at length the investment thesis of his firm. Sramana Mitra: So tell us about Sorenson capital. What is the
Sramana Mitra: It’s great to hear your enthusiasm. I’m married to a European. I love Europe. We spent a lot of time in Europe and London. I do see the energy change in London as well, which is a negative energy change. It’s kind of sad. Overall, I do think that the momentum in Europe
Sramana Mitra: Can you look at the 2017 deal flow, and talk about where are the pockets where there are good companies in Europe right now? Is it France? Is it Portugal? Is it Stockholm? Is it Spain? Where are you seeing the really interesting activity? Alastair Mitchell: By deal flow, London still represents over
Sramana Mitra: So let’s double-click down into your portfolio and talk about some of the highlights. Where are you seeing really interesting companies emerging? What are some examples of companies you invested in that could also give us a view on what is happening in Europe? Alastair Mitchell: We invest across US and Europe. We
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with EQT Ventures was recorded in December 2017. Alastair Mitchell, Partner at EQT Ventures, talks about the European Startup Funding trends. Sramana Mitra: Tell us about your investing focus. How big is the fund? What
Sramana Mitra: LinkedIn was a perfect channel to scale that company. Amir Banifatemi: LinkedIn was a perfect channel. It had Initial property and strong momentum and growth into a much, much larger ecosystem globally. Another example which we’re still working on is Momentum Machine, a hardware company. It is based in San Francisco and builds
Sramana Mitra: You kind of need a tribe of people who think the same way. If you want to work on interesting problems, but necessarily unicorn ideas, then you need other people around in the ecosystem who think like that instead of trying to force feed these kinds of ventures into the more traditional venture
Sramana Mitra: Well, I think what you’re seeing around the world is a lot of concept arbitrage; concepts that have been tried in different places are being applied to different markets. Then you have big categories like cyber security that have been very active fund draws for a very long time, so there’re a very