1Mby1M Virtual Accelerator Investor Forum: With Parthib Srivathsan of Companyon Ventures (Part 2)

Sramana Mitra: When you say you have an operational team, what did your operational team do in this case?

Parthib Srivathsan: We announced the deal on the 1st of April so it’s still early days. Our competency is primarily around the go-to market. We act as an extension of the startup. We identify areas where the team potentially lacks depth in. We roll up our sleeves and do the work.

1Mby1M Virtual Accelerator Investor Forum: With Parthib Srivathsan of Companyon Ventures (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Parthib Srivathsan was recorded in May 2020.

Parthib Srivathsan, Co-Founder and Head of Platform at Companyon Ventures, discusses his firm’s investment thesis.

1Mby1M Virtual Accelerator Investor Forum: With Garrett Goldberg of Bee Partners (Part 5)

Sramana Mitra: How much money had gone into the company at the point of exit?

Garrett Goldberg: Probably around $60 million. They raised Series A, a Series A extension, and then Series B.

Sramana Mitra: Interesting. A question about real estate since that’s a background you have. What do you see happening given that we are going through this tremendous work-from-home trend at the moment.

1Mby1M Virtual Accelerator Investor Forum: With Garrett Goldberg of Bee Partners (Part 4)

Sramana Mitra: You had both transaction revenue and marketplace revenue.

Garrett Goldberg: The company exited right as we were turning on marketplace transactions. The next one had that as well. It’s a marketplace in the chemicals industry called Knowde. Instead of having a software product, it had a storefront tool for chemical producers to sell their wares.

1Mby1M Virtual Accelerator Investor Forum: With Garrett Goldberg of Bee Partners (Part 3)

Sramana Mitra: When you made the decision to invest in this young founder, how did they find you or how did you find them?

Garrett Goldberg: That’s part of what we do here, we try to make sure we’re approachable by founders. This particular one came through another founder that we had a relationship with. We see a lot of good deal flows from later-stage VCs. 

1Mby1M Virtual Accelerator Investor Forum: With Garrett Goldberg of Bee Partners (Part 2)

Sramana Mitra: What geography do you cover?

Garrett Goldberg: North America. We’re in San Francisco but we’re generally agnostic. We’re certainly agnostic but it’s important for us to be here. This is the center of gravity for now just in terms of processing opportunities. 

1Mby1M Virtual Accelerator Investor Forum: With Garrett Goldberg of Bee Partners (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Garrett Goldberg was recorded in April 2020.

Garrett Goldberg, Partner at Bee Partners, discusses his firm’s enterprise focused investment thesis, including some unique insights on SaaS-powered vertical marketplaces.

1Mby1M Virtual Accelerator Investor Forum: With Ritesh Agarwal of CerraCap Ventures (Part 4)

Sramana Mitra: What is the go-to market strategy of the diagnostic product?

Ritesh Agarwal: They’re mostly in B2C. They’re selling the kit on Amazon or through their website. They want to go into more wellness sites – into B2B. That’s their next step.