Sramana Mitra: Of your ventures that have raised venture money, have they raised venture money from these $75 million to $100 million funds, or have they raised money from the bigger funds? Venktesh Shukla: They typically raise money from bigger funds because these are big spaces. One of them was how do you handle structured
Sramana Mitra: You can play this with a very specific domain focus with a specific set of corporate around you. In some cases, these corporates are investing in these little micro-funds that play this game. It is a little side of the industry that is developing. There are these little niches which are not venture-scale
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Venktesh Shukla was recorded in September 2017. Venktesh Shukla, founder of TiE Angels and General Partner Monta Vista Capital, discusses some shifts happening in the world of seed investing. Sramana Mitra: Tell us about
Sramana Mitra: You mentioned BPO jobs going from US to India and now being replaced by bots. That is eliminating all jobs. Same thing is happening in manufacturing. Manufacturing went from America to China and now it’s getting automated. If we get to self-driving cars, there won’t be Uber drivers. There will be self-driving Uber
Sramana Mitra: Can you take us through a couple of your portfolio companies that are really interesting? What can we learn from them? T.M. Ravi: In the Internet of Things space, the big shift is the growing commoditization of devices. Much of the value is moving to applications and data. That commoditization is not just happening
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with T.M. Ravi was recorded in September 2016. T.M. Ravi is Managing Director and Co-founder of The Hive, a venture studio. The discussion touches upon a couple of key issues: the prevalent incubator/accelerator model of
Sramana Mitra: Elon Musk has talked a lot more along the lines of what you’re talking about – the unintended consequences of AI or even AI running amok in an evil way. I dealt with more of the economic question. Machine learning is really at the absolute beginning. We’re probably talking about a 50-year cycle
Sramana Mitra: Where do you think are the opportunities of building really interesting ventures right now? What’s your investment thesis? Shomit Ghose: We can talk a long time about this. Hardware, software, and bandwidth are all commoditized. You can’t make money by selling any of those. For the past past 10 years, our investment thesis