1Mby1M Virtual Accelerator Investor Forum: With Rodrigo Baer of Redpoint Ventures (Part 4)

Sramana Mitra: Talk a little bit about what’s in the pipeline. What’s exciting in your portfolio?

Rodrigo Baer: One is a mid-stage company that just raised a $50 million round. They take small merchants and put them under one umbrella to sell into a large marketplace. From the marketplace’s perspective, it’s one store. It’s normally the largest store in all the marketplaces with a very high level of service.

1Mby1M Virtual Accelerator Investor Forum: With Rodrigo Baer of Redpoint Ventures (Part 3)

Sramana Mitra: In the course of your introduction, you talked about two or three unicorns that have come out of your previous fund. Could you double-click down and talk about what they are, what problems have they solved, how they found traction, and why have they been successful?

Rodrigo Baer: The one I did in my previous fund is called I2, which is GrubHub for Latin America. I got to know the company because my brother was one of the founders. They were in an interesting position. They had a previous business, which never scaled.

1Mby1M Virtual Accelerator Investor Forum: With Rodrigo Baer of Redpoint Ventures (Part 2)

Sramana Mitra: Let’s talk a bit more in detail about the Redpoint e.ventures platform. All investments are happening in Brazil, correct?

Rodrigo Baer: We have a Latin American mandate. We’ve done one investment outside of Brazil in the first fund. We were very lucky. We did the seed investment in Rappi, which is now a $3.5 billion business.

1Mby1M Virtual Accelerator Investor Forum: With Rodrigo Baer of Redpoint 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 Rodrigo Baer was recorded in September 2019.

Rodrigo Baer, Partner at Redpoint Ventures, Brazil, provides a very interesting overview of his firm and what’s happening in the Brazilian ecosystem.

463rd Roundtable Recording on October 31, 2019: With Anand Rajaraman, rocketship.vc

In case you missed it, you can listen to the recording here:

Roundtable Recap: October 31 – Quality of Startups from India is Improving Steadily

During this week’s roundtable, we had as our guest Anand Rajaraman, Founding Partner at rocketship.vc. Anand was an early investor in Facebook. Among other things, we discussed how the quality of startups from India has been improving.

Digital Parliament

As for entrepreneur pitches, today we had Harsha Mukherjee from Mumbai, India, pitch Digital Parliament, a social media platform for managing elections.

You can listen to the recording of this roundtable here:

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1Mby1M Virtual Accelerator Investor Forum: With Doug Atkin of Communitas Capital Partners (Part 3)

Sramana Mitra: You said you’ve invested in 10 companies from this vehicle. Could you talk about some examples? Specifically, talk about in what stage did you encounter them and what was it about what they had that called you to make the investment. I’m trying to understand how you evaluate investments.

Doug Atkin: Let me give you a couple of examples – one late stage and one very early stage. Because we’ve been in the business for so long, we’re inundated with deal flows.

1Mby1M Virtual Accelerator Investor Forum: With Doug Atkin of Communitas Capital Partners (Part 2)

Sramana Mitra: B2B need less money, I think.

Doug Atkin: It all depends. If you’re building a business like an analytics package which you’re selling to the big banks, you need a decent amount of money to build something of industrial quality. A lot of these things take a bit more money.

Sramana Mitra: The comment I would make is that customer acquisition in B2C is hard to do in a lean way, which is what has drawn so much capital to the B2C side of the business.