Sramana Mitra: What do you want to convey to the audience as your parting thoughts? Navid Alipour: We’re getting the word out about what Analytics Ventures is doing. Geographically, all our current companies happen to be in San Diego but our hands aren’t tied. We could launch a company in Berlin, London, or in Des
Sramana Mitra: Are you shooting for unicorns? Navid Alipour: While we certainly wouldn’t shy away from getting home runs with unicorns, our business model is to stay with that baseball analogy. We want to be able to make money for ourselves and other co-founders by hitting singles and doubles. Your traditional venture fund invests in
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