Sramana Mitra: What stage did you invest in Arkin? Sandeep Singhal: We came in at the very start. We seeded the company. We expect to see more of this going forward. It’s just very efficient if the go-to market strategy is being developed in the US with team members that are based here and the
Sramana Mitra: One thing you haven’t mentioned about this company is the business model and the monetization. What validation did you have that these 500,000 downloads were actually converting into paying customers? Sandeep Singhal: Good point. They had a $10 charge for deploying their client for curl. It was a command line interface that you
Sramana Mitra: Same thing about MVPs. Are you looking for early customers that are international customers that they have built an MVP around? Sandeep Singhal: Yes. There are two ways to do this. You can work with the Indian arms of global customers. You can work with them in the Indian market but have a
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sandeep Singhal was recorded in July 2016. Sandeep Singhal, Managing Director, Nexus Venture Partners, is a key player in the India-US startup corridor. The discussion spans trends in SaaS, Open Source, and the Indian
Sramana Mitra: It’s not there. We hear from entrepreneurs from all of those places because we operate with a global footprint. In some ways, India is doing better. Latin America is behind because Latin America hasn’t had the technology outsourcing industry which is where the Indian technology product industry is coming from. That’s where they
Sramana Mitra: What is your perspective of these global companies being started in various different places? India is just one of them. We are seeing companies coming out of Europe and Asia. There is a tendency or practice of them moving headquarters to Silicon Valley or somewhere in the US. What is your feeling about
Sramana Mitra: Definitely, we encourage the philosophy of bootstrap first and raise money later. We have nothing against raising money but bootstrapping first is really critical to preserve ownerships. The amount of money that is being raised today, especially in these cloud businesses is crazy. By the time you raised that much money, that valuation
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. The following interview with Naren Gupts was recorded in October 2014. Naren Gupta, co-founder of Nexus Venture Partners – a firm with an