In the previous two-part post showcasing Battery Venture’s perspective on investments in India, the 300 million strong Indian middle class and its problems were highlighted as a key target market, and hence, opportunity. So, what are the problems that the Indian middle class faces? To answer this question, one should ask another question : How did
SM: What are your key investments and the rationale behind making those investments. This will help entrepreneurs understand how you process deals. Do you fund capital-intensive deals? RG: Only if they can demonstrate a good ROI. SM:Do you fund built-to-flip deals? RG: Build to flip is usually not a type we focus on. SM: Do
I had invited Mark Sherman at Battery Ventures to contribute his perspective to the series. Mark has responded via Ramneek Gupta, who wants to focus this interview on investment as it pertains to India, specifically. Battery has a major focus on India right now. SM: Please describe your background, to help entrepreneurs understand your point-of-view.
Here’s an interview with Warren Packard, a General Partner at Draper-Fisher-Jurvetson. DFJ has funded Hotmail, Skype, Overture, Baidu, Interwoven, 411, and many others companies. Typically, they do a LOT of deals, and are less hands-on than many other firms who take on smaller portfolio, with a more active commitment to helping the entrepreneurs. They have
SM: Describe your ideal entrepreneur. DH: Smart, hungry, focused, yet open minded, capable of creative and analytical inspiration and coachable in those areas where they can use help. To use a phrase mentioned earlier, I like working with people who take the game very seriously and are driven to win, but who manage not to
SM: Describe, in some detail, the last deal you funded, and your rationale behind funding it. DH: I’ve made three recent investments; one new and two follow-on. The new is www.revision3.com, formed by Jay Adelson and Kevin Rose. This was exactly the type of new media play I was seeking–something hugely ambitious with existing traction
SM: What are your key investments and the rationale behind making those investments. This will help entrepreneurs understand how you process deals. DH: In truth, ‘it all depends on the deal’ is a legitimate answer here. That said, there are a few key considerations I run through in most deals. First, do I think the
As I have been having the conversations for this series, I keep asking VCs a question: which Angels do you respect? I have got many answers. One name that has kept on coming is that of Don Hutchison. So, here, I present to you, Don’s thoughts on his early-stage investment philosophy. SM: Please describe your