Sramana Mitra: I make a very clear distinction between real unicorns and pseudo-unicorns. The problem is there are a few unicorns in the market that are legitimate and it’s full of pseudo-unicorns. Sunil Bhargava: I agree. It’s always interesting to hear those stories. They’re very educational into what is what for them. A friend of
Sramana Mitra: There’s a lot going on in Vancouver, especially because the Visa situation is a much easier one in Canada. What are some of your notable companies? You’ve mentioned a few along the way. Have you had exits, for instance, that you want to discuss? Sunil Bhargava: It’s too early for big exits. In
Sramana Mitra: The numbers that you quoted like $1 million to $2 million investment in a $5 million round, from the universe that we operate in, people are not ready to raise a $5 million round before a Series A usually. That’s what I find a bit confusing in how you position yourself as a
Sramana Mitra: The question is more about trends. In the companies that you’ve seen, what are people working on that are interesting? Sunil Bhargava: It’s extremely broad. We have companies in the construction space. We have companies in the food space. We have companies in the transportation space. Now you hear a lot about Blockchain.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sunil Bhargava was recorded in October 2017. Sunil Bhargava, Founder and Managing Partner, Tandem Capital, helped us explore the difference of post-seed versus pre-Series A financing. Sramana Mitra: Tell us about Tandem. What is