Sramana Mitra: You kind of need a tribe of people who think the same way. If you want to work on interesting problems, but necessarily unicorn ideas, then you need other people around in the ecosystem who think like that instead of trying to force feed these kinds of ventures into the more traditional venture world, which operates in a very different way.
Between the 70,000 odd seed investments and about 1,200 series A investments, there is a huge series A gap that gets created. Unless you surround yourself with like-minded investors, it will be very difficult to mitigate the Series A gap, right? >>>
Sramana Mitra: Well, I think what you’re seeing around the world is a lot of concept arbitrage; concepts that have been tried in different places are being applied to different markets.
Then you have big categories like cyber security that have been very active fund draws for a very long time, so there’re a very large number of cyber security companies out there. AI is the new attraction area for investors. So now, there aren’t that many wide open opportunities, so there are several niche opportunities. I’m very much in favor of niche opportunities. You can build very nice businesses for small amounts of capital around these niche opportunities, and I think those are very interesting opportunities. >>>

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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 Amir Banifatemi was recorded in October 2017.
Amir Banifatemi is the Founder and Managing Partner of K5 Ventures, a fund focused on pre-seed, seed, post-seed, and early-stage investments from Southern California. Amir is also a Board Member and former President of Tech Coast Angels, a group of 340 angel investors from Southern California.
John Frankel, Partner at ff Venture Capital, discusses the firm’s investment thesis as well as key trends in the industry.
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Mohit Gulati, Founder and CIO of Altius Ventures, which recently changed their name to ITI Growth Ventures, discusses the Indian startup eco-system.
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Alastair Mitchell, Partner at EQT Ventures, talks about the European Startup Funding trends.
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Eva Ho, General Partner at Fika Ventures, discusses their investment thesis.
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During this week’s roundtable, we had as our guest John Frankel, Partner at ff Venture Capital, and we discussed that firm’s investment thesis as well as key trends in the industry.
Genneve
As for the pitches, first, Jill Angelo from Seattle, Washington, pitched Genneve, a well thought-through Web 3.0 concept for middle-aged women and their healthcare needs. It has elements of Content, Community, Commerce, and Personalization. The company is already in revenue.