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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
1Mby1M Virtual Accelerator Investor Forum: With Steve Beck of Serra Ventures (Part 2)
Sramana Mitra: That’s very good to hear that kind of alternative investment thesis because with 700 plus micro-VCs in the industry, there is no way we’re going to get 2,500 unicorns. Unicorns are supposed to be rare, so it’s mathematically impossible to have that many. I hear from too many investors that they’re all chasing
1Mby1M Virtual Accelerator Investor Forum: With Vivek Ladsariya of SineWave Ventures (Part 5)
Sramana Mitra: Two of my favorite unicorn companies are Veeva and Fortinet. These are multi-billion dollar market cap companies. Veeva, in its entire history, raised $7 million in capital of which $4 million was not necessary. They just had so much revenue and momentum. It was basically a company built with revenues and traction. Fortinet
1Mby1M Virtual Accelerator Investor Forum: With Steve Beck of Serra Ventures (Part 1)
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Steve Beck was recorded in May 2018. Steve Beck, Managing Partner at Serra Ventures, discusses his firm’s non-Unicorn investment thesis. Refreshing to hear. Sramana Mitra: Let us introduce you to the audience.
1Mby1M Virtual Accelerator Investor Forum: With Vivek Ladsariya of SineWave Ventures (Part 4)
Sramana Mitra: Can you talk to me a bit about how you view TAM? I’ll give you the context of where I’m coming from in asking this question. We are in April 2018. Lots of stuff have already been built. Nowadays, there aren’t as many wide-open opportunities out there to build these billion-dollar TAM businesses.
1Mby1M Virtual Accelerator Investor Forum: With Curtis Feeny of Silicon Valley Data Capital (Part 3)
Sramana Mitra: Are you looking for billion-dollar TAM companies that are potential unicorns or are you open to the possibility of companies that are going to be solving niche problems with the kinds of technologies that you’re talking about but don’t necessarily have the billion-dollar TAM? Maybe they’re lower TAM companies and they’re going to
1Mby1M Virtual Accelerator Investor Forum: With Vivek Ladsariya of SineWave Ventures (Part 3)
Sramana Mitra: When did you invest in this company? Vivek Ladsariya: This was a round that was announced in January. It was completed late last year. Sramana Mitra: It’s already acquired? Vivek Ladsariya: That’s correct. Sramana Mitra: What’s the total amount of funding to exit ratio? How much did you put in and how much
1Mby1M Virtual Accelerator Investor Forum: With Curtis Feeny of Silicon Valley Data Capital (Part 2)
Sramana Mitra: In other words, you are okay with companies that have some customer validation but not necessarily revenue? Curtis Feeny: Absolutely. We have a few more deals where we put $250,000 to $750,000, take a lower ownership position, and bet on that team to get to final product. Maybe they have an alpha product
1Mby1M Virtual Accelerator Investor Forum: With Vivek Ladsariya of SineWave Ventures (Part 2)
Sramana Mitra: What about geography? Do you invest all over the United States or just in the two locations where you are located? Vivek Ladsariya: We have companies across the US. We are also looking for companies outside the US. We have looked at companies coming out of Israel and Latin America. Sramana Mitra: Let’s
