Sramana Mitra: Interesting. I gave a talk recently at Kellogg about Indian startups: Past, Present, and Future. The recording will be available soon. We’ll publish it and you can take a look. One of the things I said is that India has this background in the services industry; the services industry came out of low-end
Sramana Mitra: What have you invested in that has passed all these diligence tests and emerged as something that looks like it could stand on its own without getting blindsided.
Sramana Mitra: Deep domain knowledge is where a lot of those exit barriers come from, right?
Sramana Mitra: Yes. When you see these deals that are starting to find some velocity early on and coming to you with that as one of the proof points, what are you seeing? What kind of go-to-markets are you seeing that are giving them this kind of velocity? I understand that it takes fewer people
Sramana Mitra: When you say you write the Series A checks, what are you looking for in the ventures that you’re willing to come in at the Series A? Let’s start with your specialty, which is worldwide B2B SaaS.
Piyush Kharbanda, General Partner at Vertex Ventures, discusses his firm’s AI investment thesis.
For our Seed Capital series of podcasts, I’ve interviewed hundreds of investors, especially micro-VCs and angels who play an important role in the early-stage game. The toughest round of funding an entrepreneur will seek to raise is Pre-seed. How do you increase your odds? Pre-seed has the lowest probability of success. Over 99% of the
Sramana Mitra: I’m sure you are seeing that category of entrepreneurs in the geographies that you’re catering to. That is a true statement. They’re benefiting from the fact that the ultralight startup trend is really taking off right now because of AI.