Nnamdi Okike: We look at the round after that. What we are looking for are companies that typically have built an early product and have some early traction. If it’s software selling to small businesses, maybe they have 10 early customers. These are companies that don’t have a lot of revenue. Usually when we come
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Nnamdi Okike was recorded in June 2019. Nnamdi Okike is Co-Founder and Managing Partner at 645 Ventures. We have an excellent conversation about trends and his firm’s investment thesis. Sramana Mitra: Tell
Sramana Mitra: How does the Filipino ecosystem interface with the rest of the Southeast Asian ecosystem? Where are the partnerships that you’re seeing? Francis Simisim: Philippines is an island on its own. It’s somewhat purgatory. We are raising smaller money than a regional VC’s ticket size. If they raise locally, it’s a big round and
Sramana Mitra: What is an example of a local problem that is non-copycat? We have a term for that. We use a more elegant term for that. We call it concept arbitrage. I’ve been extensively involved in the Indian startup ecosystem. I always encourage concept arbitrage because it’s a very good way for entrepreneurs to
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Francis Simisim was recorded in June 2019. Francis Simisim is Partner at Original Pitch Venture Capital based in the Philippines. We had a very good discussion on how that ecosystem is developing.
Sramana Mitra: How relevant do you think is Silicon Valley to the B2C side of the Mexican venture ecosystem? Not just Mexican – Latin America. If you’re doing B2C, how relevant is Silicon Valley for you? Hernan Fernandez: I think it’s growing in terms of relevance. I really wished Silicon Valley took a little bit
Sramana Mitra: How much of your portfolio has this follow-on funding? Jose Deustua: All of them have raised funds. Sramana Mitra: All of them have received funding from what source? What is the primary source?
Sramana Mitra: A lot of these B2C trends are big in India as well. We cover India extensively. The Indian B2C market is more advanced than Latin America. A lot of these trends are very active trends in India as well. The commonality across all this is that the consumer logistics part is very broken