Sramana Mitra: What is the situation in the Minneapolis area for the kind of companies that you are looking for? What is the scale of the deal flow? How active are the entrepreneurs? Robert Weber: I would imagine that Twin Cities is like many cities in the world. They have a corporate mindset. We have the
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Robert Weber was recorded in September 2020. Robert Weber is Managing Partner at Great North Labs located in Minneapolis.
Sramana Mitra: We have a series that we do on our blog called Death by Overfunding. We have case studies after case studies of companies that had no business going out of business but went out of business for absolutely the wrong reasons. One of my saddest case studies is this eBay seller who did
Sramana Mitra: Do you want to do another one? Shripriya Mahesh: One of our most recent investments is a company called Mati. They allow identity verification. Filip is the founder. He has been an immigrant for a long part of his life. He grew up in Europe. When he was a child, he wandered off
Sramana Mitra: You want to give another example? Shripriya Mahesh: Sure. Another example is a company called Core, which is a meditation company. We invested in Core at their seed round. They hadn’t launched as well, so it was based on a pre-product market fit.
Sramana Mitra: Let’s talk about some of the companies that you have invested in. In particular, as you describe their stories, talk about when they came to you or when you found them, what was it about them that convinced you to write these checks? Shripriya Mahesh: Venture, as you know, is about exceptions. I’m
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Shripriya Mahesh was recorded in August 2020. Shripriya Mahesh, Founding Partner at Spero Ventures, talks about mission-driven investing. Sramana Mitra: Tell us a little about your background as well as Spero Ventures.
Sramana Mitra: Since you’re talking about personal health as the current focus and we are in this immense public health crisis, what is your analysis? How do you process the current environment? Mike Edelhart: At the highest level, we’re geeks. We’re data people, which means we can’t look back in history and know exactly what’s