1Mby1M Virtual Accelerator Investor Forum: With Nick Adams of Differential Ventures (Part 4)

Sramana Mitra: I’ve been in this industry for a long time, and I’ve seen a few cycles. When we see discontinuities, every VC firm goes through a process of considering that discontinuity and developing a thesis around what kinds of companies should be doing well in this environment.

We just discussed one of your companies that is a perfect example. Do you have a broader thesis on the kinds of companies you’re looking for? Our community is full of entrepreneurs.

1Mby1M Virtual Accelerator Investor Forum: With Nick Adams of Differential Ventures (Part 3)

Sramana Mitra: What was Ocrolus doing that was brilliant?

Nick Adams: I can’t share all of that, but they’ve done a couple of things around how they structure their team both on a technology front-end of things and in their back-end operations in India.

They can take a bank statement from somebody looking to get a loan and turn that around in a matter of minutes with 99% accuracy at a very low cost. It’s a very tight integration between the technologies that they’re using. 

1Mby1M Virtual Accelerator Investor Forum: With Nick Adams of Differential Ventures (Part 2)

Sramana Mitra: Double-click down a little bit on what kinds of businesses. You said enterprise and data science. Can you add some color?

Nick Adams: I would break it down to three categories. We’re broadly looking at the future of work. Specifically, how data and data science can change the way businesses operate today. The opportunity is still very large. It’s still at the early days of making information actionable.

1Mby1M Virtual Accelerator Investor Forum: With Nick Adams of Differential 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 Nick Adams was recorded in April 2020.

Nick Adams is Managing Partner and Co-Founder at Differential Ventures, an enterprise-focused firm. We discuss counter-cyclical ventures in this COVID-19 world.

1Mby1M Virtual Accelerator Investor Forum: With Parthib Srivathsan of Companyon Ventures (Part 3)

Sramana Mitra: What trends do you see in general in terms of types of companies? Are there any highlights of what kinds of companies we’re seeing in 2020?

Parthib Srivathsan: We have a very specific focus. We built our deal flow relationships to deliver companies that fit those criteria. In terms of what we are seeing, it’s largely B2B tech.

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.