If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Sumant Mandal. Sumant Mandal, Co-founder and Managing Partner at March Capital, emphasizes the impact of Covid
Sumant Mandal, Co-founder and Managing Partner at March Capital, emphasizes the impact of Covid on virtual companies and remote teams and discusses his investment thesis.
Sramana Mitra: The immediate one is that all the carriers who are dealing with the last mile customers. If there is a real problem, they have still to send technicians in and that’s a very cumbersome model. We are all at the receiving end of that. It’s very frustrating. If something goes wrong, it’s very
Sramana Mitra: With so much is happening on the cloud right now, what do you see as the future of the core networking companies like Cisco and Juniper? How do you see them evolving? What are the opportunities and gaps opening up because of this shift? Sumant Mandal: You can see that in their own
Sramana Mitra: I was commenting on your 10 to 11 years, but not just 10 to 11 years. Some companies are going 15 to 20 years and then finding exits like Lynda.com. When she had a unicorn exit, they had been around for almost 20 years. We have a company in our portfolio that is
Sramana Mitra: I understand when you are working with Hive companies feeding into your venture fund. When you’re working with the more general market of people approaching you, what are you looking for in terms of validation when you want to invest in a company? We’ve heard all kinds of metrics and all kinds of
Sramana Mitra: You said you have companies in India. Does that mean that you invest globally? What’s the geographical coverage? Sumant Mandal: We will never say that we won’t do something. But if you look at what we’ve done, 75% of our investments are in North America and about 25% is global. Out of that
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sumant Mandal was recorded in March 2019. Sumant Mandal is Managing Director at March Capital Partners, a firm that invests largely in enterprise-facing businesses with deep technical differentiation. The conversation includes excellent