Sramana Mitra: Let’s do a few case studies of what you have invested in. As you’re describing those stories, tell us a bit about how you found these companies or how they found you, and what did you see in those companies that made you want to write those checks?
>>>Vinit Bhansali, Founder and General Partner at Takshil Venture Partners, discusses how his firm is investing in India.
>>>Sramana Mitra: So the real question then is, in the vintage that you are currently investing in, that’s going to start maturing in the five- to seven-year period, AI is also maturing greatly when it comes to acquisitions. It complicates the build versus buy question quite a lot, right?
>>>Sramana Mitra: Let’s do a couple more of your examples of what you’ve invested in.
Alex Benik: Sure. At Battery, I was an investor in a company called Packet, which was a bare metal hosting provider. It was acquired by a large data center company Equinix. The founders Zac and Jacob Smith are twin brothers and have gone on to found a company called Datum.
>>>Sramana Mitra: That’s refreshing to hear. Tell us what you’ve invested in. Let’s go over some case studies. Describe the situation when they came to you, what attracted you, what made you write the check, and what you saw in those deals.
>>>Alex Benik, Partner/Founder at Encoded Ventures, discusses the fund’s investment thesis. Great discussion on how we each view the disruptions AI is causing on multiple fronts. VCs investing today have to think about the next 5-7 year window and what changes are likely to come.
>>>Can I get introductions to relevant investors, customers, or partners—even if I’m not in Silicon Valley?
Yes, 1Mby1M does facilitate introductions to relevant investors, customers, and partners, even for entrepreneurs outside Silicon Valley. Here’s a breakdown:
>>>Sramana Mitra: Yes, but I was not asking you about AI rollups. I’m asking you about this Y Combinator model of starting a full stack company from scratch.
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