Sramana Mitra: You are preaching to the choir. It’s exactly our philosophy. We have a very clear philosophy of bootstrapping first and raising money later. We don’t take any equity. We are the largest virtual accelerator and we don’t take equity because I don’t believe you should be taking equity as an incubator or accelerator.
Sramana Mitra: The corollary of our previous saying is that VCs love to come to the rescue of victory. That is also a very popular saying in our community. SC Moatti: It’s a very interesting point that you mentioned. What you’re saying is the traditional VC industry has whales and minnows. Some people are here
Sramana Mitra: Why do you want minnows on the cap table? SC Moatti: Sometimes, you need them because they will help you early on. They will help you get started. Sramana Mitra: Then they don’t fall in the minnow category. If they’re passive investors, you don’t want them but if they add value, they’re not
Sramana Mitra: Is this the traditional way that you get involved in a company? Do you have people in your community who go out and raise funding and bring you into the cap table? Or are VCs also bringing you into the cap table? SC Moatti: In the example of Amplitude, we were brought in by
Sramana Mitra: How does this audience stay engaged with you? You have this other platform that is adjacent to your fund activities. Is that a community? Is that a newsletter? SC Moatti: If you go to our website, you’ll see that we have a number of online programs with videos, podcasts, and blog articles. Our
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with SC Moatti was recorded in May 2018. SC Moatti, Managing Partner at Mighty Capital, discusses Whales, Dolphins, and more. A wonderful conversation full of wisdom and pragmatism. Sramana Mitra: Let’s start by