William Hsu, Co-founder and Partner at Mucker Capital, a Los Angeles based fund that invests largely outside Silicon Valley and follows a more fundamentals oriented approach.
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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 Ken Elefant was recorded in December 2017.
Ken Elefant, Managing Director at Sorenson Capital, discusses at length the investment thesis of his firm.
Sramana Mitra: So tell us about Sorenson capital. What is the focus of the firm? How big is the fund? What size investments do you make? Let’s get to know the footprint of Sorenson Capital.
Ken Elefant: As you probably know, Sorenson Capital was founded in 2002. We have a little bit over a billion dollars under >>>
Mackey Craven, Partner at OpenView Venture Partners, discusses what Series A VCs are looking for in the realm of software investments. We talk at length about the Series A gap from the perspective of a fund that focuses on Series A and beyond.
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Semyon Dukach, Managing Partner at One Way Ventures, a firm that is 100% focused on immigrant entrepreneurs.
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Hussein Kanji, Partner at Hoxton Ventures, is based in London and the primary focus is on European ventures.
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During this week’s roundtable, we had as our guest William Hsu, Co-founder, Partner at Mucker Capital, a Los Angeles based fund that invests largely outside Silicon Valley and follows a more fundamentals oriented approach.
True TRP
As for the pitches, first, Ramkumar R S from Mumbai, India, pitched True TRP, a content monetization platform.
Amascope
Next, Catalin Lesscu from San Francisco, CA, pitched Amascope, a film-based promotional service for marketing books.
Sramana Mitra: It’s great to hear your enthusiasm. I’m married to a European. I love Europe. We spent a lot of time in Europe and London. I do see the energy change in London as well, which is a negative energy change. It’s kind of sad.
Overall, I do think that the momentum in Europe has improved and that’s a very good thing. What do you feel you as a counterpoint of the unicorn mania that we’ve seen in the Valley or in the US over the 2014 to 2016 timeframe? >>>
Sramana Mitra: Can you look at the 2017 deal flow, and talk about where are the pockets where there are good companies in Europe right now? Is it France? Is it Portugal? Is it Stockholm? Is it Spain? Where are you seeing the really interesting activity?
Alastair Mitchell: By deal flow, London still represents over 50% of deals in Europe. But there are two big buts. That is changing rapidly because of Brexit. A lot of those companies were actually European companies that moved to London and are now staying where they started.
It’s causing a huge boom for Paris, Lisbon, Berlin, less for the Nordic, but also for other parts of Europe. Some of the best >>>