Sramana Mitra: Now, you talked about the commercial terms. What kinds of terms would you advise people, based on your experience and your learning? What terms do you advise for channel partnerships? What are the secrets of a successful channel partnership?
Sramana Mitra: So, when once you got the $15 million, how long did it take you to get the fresh product out? Alon Jackson: Well, a product is a big word. An MVP or providing initial value—that’s actually an interesting story. It took us two weeks. Sramana Mitra: Two weeks! Tell me more. What did
Sramana Mitra: Talk about the case studies of the two companies that you sold. Kyle Asman: One of them was in real estate technology. It was a highly-profitable company with high revenue. They were pretty quick to exit. They needed some investment to grow some things and get to the next level. The other one
Gans Subramanian, Managing Partner at Hourglass Venture Partners, is a former 1Mby1M Premium member who has now formed his own venture fund.
Sramana Mitra: My observation is that the higher end of the market is extremely active. I wouldn’t say crowded, but there’s a lot of competition. There is concept arbitrage. There have been successful companies built by copying models from elsewhere and then innovating on top of that. That’s happening in the global tech space. Then
Sramana Mitra: You are investing post-revenue. What benchmarks are you using to gauge whether you can build a venture-scale company? Eva Yazhari: Because we’re a multi-sector fund, a lot of our metrics relate to specific sectors. Often, we’re looking at the growth of average order value. If it’s more of a services company, we’re looking
Eva Yazhari, General Partner at Beyond Capital Ventures, discusses Impact Investing in Africa and India. Sramana Mitra: Let’s start by introducing our audience to yourself and Beyond Capital Ventures. Tell us a bit about your background and what you’re trying to do with Beyond Capital.
Michael Smerklo: I am passionate about encouraging people. The start of my book is called Mr. Monkey. He was the voice in my head that said, “You will never be successful. You won’t do it.” The book is about trying to give aspiring entrepreneurs and entrepreneurs the mental tools to take that first step. If