Sramana Mitra: Two-sided marketplaces tend to be capital-intensive but you have found an entrepreneur who has managed to do a capital-efficient two-sided marketplace scale. What is the secret of that?
Sandeep Sardana: The entrepreneur is a do-it-all entrepreneur. He’s a top-level CTO himself. He has a great business mind. He built a small and very effective team in Bangalore. We leveraged our network. He also knew that speed matters. He has done it before.
>>>Sramana Mitra: I’ll tell you what we do at 1Mby1M. We do bottom-up TAM analysis, which means we have to get the business model and pricing model hypothesis. When you’re starting out and raising money, that financial hypothesis is really important to get right. We emphasize a few specific elements. One is the business model. Two is the pricing model. Three is the bottom-up TAM analysis. Does that cover what you’re looking for in financial storytelling?
Sandeep Sardana: I couldn’t have said it any better.
>>>Considering how omnipresent the topic of fundraising is in the entrepreneurship media, it is entirely reasonable to dedicate a quarter or a semester to teaching how investors think.
>>>Hamiz Awan, Founder and Partner at Plutus21 Capital, discusses Blockchain infrastructure and platforms.
Sramana Mitra: Let’s introduce you to our audience. Tell us a bit about our background as well as about Plutus21 Capital.
>>>Dr. Aniruddha Malpani, Founder of Malpani Ventures, is an active angel investor in Indian startups for the past decade. Wonderful conversation.
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In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Dr. Aniruddha Malpani, Founder of Malpani Ventures, an active angel investor in Indian startups for the past decade. Wonderful conversation.
You can listen to the recording of this roundtable here:
If you’ve never sought money for a startup, you may not be aware of how difficult it is. I know it first-hand, and thousands of entrepreneurs that I’ve advised throughout our 1Mby1M Accelerator would tell you the same.
That’s why we are committed to educating each founder about how investors think. We do not want anyone to waste their time or the time of others. We are firm believers in minimizing waste at all levels.
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