Deepak Jeevankumar: The first question we ask is a market question. Are you part of the future of the world’s story? Future means growth. For example, I think the future is multi-cloud which includes hybrid cloud.
We like startups that have strong multi-cloud or hybrid philosophies. Then how are you securing some of these changes happening with new hardware and new cloud? That’s a cyber security thesis.
>>>Sramana Mitra: What kinds of ventures do you think you add the most value to and, hence, what are you looking to invest in?
Ashish Jain: We are a technology firm. We are lovers of technology. We invest in three broad descriptive areas. One is exceptional founders and companies related to the future of work.
As we know, the workforce is changing all the way from HR practices and coaching. We are investing a lot in the future of work. The second one is around industry 4.0. That’s a white space. Industrial IoT is part of it. Also, supply chain, logistics, digitization, automation.
>>>Sramana Mitra: We make a distinction between fat startups and lean startups. Cyber security is a very good example of an area where some startups tend to be fat startups. It takes time to build the product. The enterprise sales cycles are very long. Cyber security sales cycles can go on for months.
In our portfolio, we have excellent companies that have built very interesting cyber security products. In one case, it’s pre-revenue because it’s negotiating these very long sales cycle deals.
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Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ashish Jain was recorded in February 2020.
Ashish Jain, Partner at 3Lines Ventures, discusses his firm’s investment hypothesis.
Sramana Mitra: Let’s get you introduced to our audience. Tell us a little bit about yourself and 3Lines.
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Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Deepak Jeevankumar was recorded in February 2020.
Deepak Jeevankumar, Managing Director at Dell Technologies Capital, discusses his fund’s focus and preferences.
>>>Sramana Mitra: How many entrepreneurs are operating in Nigeria right now?
Osayi Igharo: That’s hard to estimate.
Sramana Mitra: Just to give you a proxy, India is a country with 1.3 billion people. I think there are more than 10,000 startups in the country right now. It’s not easy to get to those numbers.
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If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Osayi Igharo was recorded in January 2020.
Osayi Igharo, Managing Partner at Ripple Venture Capital discusses startups and venture capital in Africa.
>>>Jishnu Battacharjee: There are two core principles for Unacademy. One is that the educator can build the content easily. The second is, the content is bite-sized. The idea was, you can talk about a topic but it cannot be more than five minutes. That whole theme took off.
Fast forward to now, they are serving 10 million people across the country. Suppose I release content and students start using it. Based on the student reception, I get a rating. Unacademy then organizes live classes for the interested students who want to go deeper. Those are paid.
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