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
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. We are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Shomit Ghose was recorded in December 2014. Shomit Ghose, Partner at Onset Ventures, is also a veteran startup executive with multiple IPOs under his belt. He highlights
Sramana Mitra: How do you process the current investment climate where capital is moving further and further upstream with all these larger funds wanting to invest in much larger Series A deals, how does a seed investor or entrepreneur mitigate the Series A gap? There’s clearly a Series A gap. 50,000 to 70,000 seed-stage investments
Sramana Mitra: In the 1,500 deals that you’ve seen this year, is this a trend that there are a lot of archaic industries getting heavy infusion in machine learning and artificial intelligence, and you’re seeing entrepreneurs emerge in those categories. Eva Ho: Absolutely. When we were working on Factual in 2007, we were pitching big
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Fika Ventures was recorded in December 2017. Eva Ho, General Partner at Fika Ventures, discusses their investment thesis. Sramana Mitra: Tell us about the focus of the fund. How big is it? What are you
Sramana Mitra: You’ve been on all sides of the table for a long time. When an entrepreneur is trying to figure out whom to work with and let’s say they have the luxury. A lot of entrepreneurs do not have the luxury of choice. But once they’ve been able to figure a few things out, they actually
Sramana Mitra: That’s not a common practice in the US by the way. That is a practice that is more unique to India. Because of the proliferation of micro-VCs , people are starting to think. The other side of the equation of this unicorn mania is that the larger funds are doing very large series