Sramana Mitra: We actually work only with IT and IT-enabled companies. We don’t do energy. We don’t do biotech. We don’t do cleantech. Where we overlap is in the robotics area mostly.
If you have stuff going on in healthcare IT or bioinformatics, that would be of interest to us. It sounds like robotics is the most interesting area for us to explore in this conversation.
>>>Doug Atkin, Managing Partner at Communitas Capital Partners, has extensive experience in FinTech and this conversation explores the nuances of that sector.
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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 Alain le Loux was recorded on July 2019.
Alain le Loux is General Partner at Cottonwood Technology Fund. The firm invests in hardcore technology startups in Northern Europe and the Southwest of the United States.
>>>Sramana Mitra: What about other countries in Southern Europe? What else are you tracking and where do you see activities that are interesting?
Luis Gutierrez Roy: We just made an investment in a company that was actually started in the US but eventually moved to Bulgaria. The founding team was in the US. When they finished the program, they decided to move back to Bulgaria where their product and development team is based.
>>>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.
>>>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.
>>>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.
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.
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