Sramana Mitra: Can we do some examples? Alexander Ross: Cloud Margin is a cloud-based capital management solution that I mentioned. It focuses on compliance, clearly, because it enables the end users to monitor transactions. Cost is also a factor. This solution is a multi-tenanted SaaS-based solution. It’s much cheaper to adopt as an organization and
Sramana Mitra: One small detail question. One of the issues of the current venture capital ecosystem is that Series A financing has become larger. A class of VCs has developed that does the smaller Series A checks. Then you are doing the traditional venture capital. You want to put in $5 million to $10 million.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Alexander Ross was recorded in July 2018. Alexander Ross, Founder at Illuminate Financial, talks about his firm’s FinTech investment thesis. Sramana Mitra: Tell us a little bit about your fund and your
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Dafina Toncheva was recorded in August 2018. Dafina Toncheva, Partner at US Venture Partners, is an expert in Cyber Security. We discussed a variety of topics including the shifting of Series A
Waikit Lau: My advice is whether you’re a tech guy or business guy, find your soulmate in some place in business. If you are a business guy, find your counterpart on the tech side. If you’re a tech guy, find your counterpart in business. To me, you just need one other co-founder. This is where
Sramana Mitra: What was the stage at which you got involved? Waikit Lau: In this case, I was the third or the fourth check. I was very early. There was no lead. They had raised a little bit of angel money. I just said, “I like you guys so much. I like your team and
Sramana Mitra: In the last example, you have talked about protocol and security in the context of the developed market and one of your hotshot investments. What about the application side of the developed market? What kind of new FinTech applications are coming about that you’ve invested in that are interesting because of Blockchain? Brock
Sramana Mitra: Let’s talk a little bit about how you operate. If you put in $25,000 to $50,000, do you operate with a syndicate that would bring in the rest? Do you lead a syndicate? Do you follow into a syndicate? Waikit Lau: It depends on what the entrepreneur wants and needs. They may say,