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- The Accelerator Conundrum
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- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
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Seed Capital
1Mby1M Virtual Accelerator Investor Forum: With Luis Gutierrez Roy of Telegraph Hill Capital (Part 2)
Sramana Mitra: In the history of venture capital, the traditional venture capital model has been that in your portfolio of ten companies, nine will fail and one is a homerun. That’s how you make your money.
Therefore, you are trying to find ten companies that you can somehow believe can be unicorns. Of course, nine out of ten are not going to succeed in doing that, but one will. That’s how you make your money. Today there are so many small funds like yourself.
>>>1Mby1M Virtual Accelerator Investor Forum: With Luis Gutierrez Roy of Telegraph Hill Capital (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 Luis Gutierrez Roy was recorded in July 2019.
Luis Gutierrez Roy, Managing General Partner of Telegraph Hill Capital, discusses his firms’ investment thesis. The fund provides Spanish limited partners access to investment opportunities in the US and Europe.
>>>Roundtable Recap: August 8 – An Innovative Take on VC Funding
During this week’s roundtable, we had Jonathan Nelson, CEO, Founder at Hackers/Founders, and Managing Director of Hack Fund V. Jonathan discussed an innovative take his fund is taking on VC funding.
1Mby1M Virtual Accelerator Investor Forum: With Nnamdi Okike of 645 Ventures (Part 6)
Sramana Mitra: I want to comment a little bit on your personalized experience theme. I did one of the first ever online personalized fashion companies 20 years ago. The data was not quite there. Now, that’s something that a lot of people are working on.
This is a category of products that require quite a bit of technology development to work. The question is a bit of a subtle question. You want to come in after there is some validation.
>>>1Mby1M Virtual Accelerator Investor Forum: With Nnamdi Okike of 645 Ventures (Part 5)
Sramana Mitra: What trends are you seeing in your deal flow? What strikes you as emerging trends?
Nnamdi Okike: There are three themes that we use to drive our sourcing strategy. These themes have evolved as a result of what we are seeing in the market, as well as where we’ve done well historically. The first is what we call software for the second wave.
>>>1Mby1M Virtual Accelerator Investor Forum: With Nnamdi Okike of 645 Ventures (Part 4)
Nnamdi Okike: A second one in a different category is a business called Overtime. Overtime is headquartered in New York. I describe Overtime as ESPN meets Snapchat. It’s very viral content. It’s user-generated.
It focuses on the millennial generation that consumes content in a very different way. They’re looking at highlights. They are sharing things on social media. Oftentimes, they’re not watching the full game. They really want to get inside the game and understand the players and players’ lives.
>>>1Mby1M Virtual Accelerator Investor Forum: With Nnamdi Okike of 645 Ventures (Part 3)
Sramana Mitra: Also I think it’s much easier to build companies when you don’t have your scalp being poached all the time. It’s impossible to build companies when your team is constantly being poached. If you’re located in a major location where there is a lot of competition for talent, it’s very problematic.
Nnamdi Okike: Yes, that’s a great point.
>>>1Mby1M Virtual Accelerator Investor Forum: With Nnamdi Okike of 645 Ventures (Part 2)
Nnamdi Okike: We look at the round after that. What we are looking for are companies that typically have built an early product and have some early traction. If it’s software selling to small businesses, maybe they have 10 early customers.
These are companies that don’t have a lot of revenue. Usually when we come upon them, they may have a couple of hundred thousand of ARR. They’re looking to scale up. Typically, they have a big market opportunity and founders who have a high-level of dedication.
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