Sramana Mitra: What constitutes the profile of a founder that you would want to found a company with? Navid Alipour: If it’s not a corporate founder, whether it’s a very large public insurance company or a private advertising company, it’s usually going to be a scientist, academician, or entrepreneur. They have a certain domain of
Navid Alipour: Our LP’s said “We want you to start other companies that are applying artificial intelligence, machine learning, and deep learning to clean structure data.” By applying this AI, you can make a prediction or you can detect something that doesn’t belong. By doing one of those things, you’re going to increase revenues, decrease
Responding to popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Navid Alipour was recorded in January 2019. Navid Alipour, Co-Founder and Managing Partner at Analytics Ventures, talks about their AI-focused venture studio in San Diego. Sramana Mitra: Tell us about Analytics Ventures and
Sramana Mitra: How are people thinking about this unicorn versus non-unicorn versus niches? How is the Canadian investment in general thinking about this? Alireza Rahnema: I’ve work about this when it comes to different scene between startup the ecosystem. I’ve spent half of my time here and half of my time down San Francisco. When
Sramana Mitra: Let’s do another company. Alireza Rahnema: Another company that has a very interesting background is Spocket. Spocket is one of the top three service providers on the Shopify platform. They help e-commerce retailers acquire products to sell and help find the right products based on desires and the location. The backbone is what
Sramana Mitra: Would it be fair to say that you’re comfortable with pre-seed investment? Alireza Rahnema: Absolutely! Over 50% of those are pre-seeds. So far, a significant portion stay. Almost 90% have gone on to a seed and we have invested on as they grow up. Sramana Mitra: Talk about the types of companies that
Sramana Mitra: On that geography topic, what’s happening from an immigration point of view in Vancouver, Canada given the friction that’s happening now in America around immigration? Are you seeing a big influx of talented engineers that are also entrepreneurs from other places? Alireza Rahnema: I must say this has vindicated our thesis with 7
Sramana Mitra: Tell me a bit about the geography. You said Salt Lake City. Does that mean that you’re investing only in new test startups? What is your policy? Sumner Douglas: Definitely not. We definitely do take a lot of surge from Utah. The Utah tech game has grown significantly over the last couple of