Understanding VC is a deep dive on how Venture Capitalists work. The focus of the show is to provide entrepreneurs and technology enthusiasts experiential and actionable insights to have a collegial work relationship with VCs.
UVC: James Wang from Creative Ventures on why they study the market they invest in deeply before looking at tech solutions for it, a sign of a really bad startup, and adoption challenges faced by healthcare tech startups
Understanding VC is a deep dive on how venture capitalists work. In this episode, I chat with James Wang, General Partner at Creative Ventures, an early-stage deep-tech VC investing in companies solving global crises. James starts the conversation by sharing how he became a VC despite thinking it was a bad idea. He shares how Creative Ventures evaluate startups, why they study the market they invest in deeply before looking at tech solutions for it, and stay away from taking R&D risks. James also gives his opinion on the argument of whether investing in more diverse founders results in better venture returns. We also talk about challenges faced by healthcare startups in aligning with different stakeholders to ensure a successful GTM strategy. As the conversation evolves, we also touch upon bottlenecks that the agriculture industry faces to improve productivity and how even the end of the Ukraine war is not going to end the global food shortage.
Deep Dive: VC Term Sheets with Siddharth Mody
Understanding VC is a deep dive on how venture capitalists work. In this episode, I have an insightful conversation with Siddharth Mody, a senior partner at Desai and Diwanji, a law firm based in Mumbai, India. This episode dives deep into understanding and breaking down multiple elements of a term sheet.
We talk about what is a term sheet, why it is needed, and why it is referred to as a commercial document rather than a legal document. We then explore the technical terms associated with a term sheet such as exclusivity rights, voting rights, governing laws, information rights, liquid preference, anti-dilution, break-free, full ratchet anti-dilution, and non-standard protective rights. In the later part of the episode, we talk about different ways in which a founder and promoter should approach a term sheet in terms of negotiation and red flags in the process.
UVC: Amra Naidoo from Accelerating Asia on why they invest in startups that are between the MVP stage and PMF stage, what type of businesses can create the most impact and why they are bullish on Bangladeshi startups
Understanding VC is a deep dive on how venture capitalists work. In this episode, I have a wonderful conversation with Amra Naidoo, Co-Founder and General Partner at Accelerating Asia, a VC fund based in Singapore. Amra shares her opinion on whether everyone should start a business at least once in their career. We also talk about Accelerating Asia, 3 services that they offer the startup ecosystem and Amra explains why they invest in startups between the MVP stage and the product-market fit stage. We also weigh SMB and venture-backed businesses in terms of their impact and end the conversation by talking about the one market she is most excited about for startup investments in the region - Bangladesh.
UVC: Puiyan Leung from Vertex Ventures SE Asia & India on how they assess a founding team’s profile, what it takes to raise a series A & the opportunities in climate tech and creator economy
Understanding VC is a deep dive on how venture capitalists work. In this episode, I talk to Puiyan Leung, Investment Partner at Vertex Ventures SE Asia and India. The episode begins with Puiyan talking about her journey of breaking into VC with her engineering background. She proceeds further by sharing her learnings and experiences that she’s had so far after working closely with startups followed by the processes and core values that they follow at Vertex Ventures. She also talks about the ways they assess Series A startups based on the founding team and what it takes to raise a Series A. Eventually, the conversation shifts to ‘creator economy’ and ‘climate tech’, and Puiyan talks about the opportunities in these spaces, their sustainability, and the ways in which VCs look at them.
UVC: Pavel Cherkashin from Mindrock Capital on how the fund operates, the prediction model they use to make investments and his mystical Hack Temple project
Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk to Pavel Cherkashin, the Managing Partner at Mindrock Capital. The episode opens with Pavel talking about his life growing up in Russia, and his passion for science and entrepreneurship, which eventually leads him to share his journey of building and scaling his web development company straight out of college. He also talks about his story of getting into venture capital, shifting from Russia to the US and how Mindrock Capital operates as a venture fund. In the latter half of the episode, Pavel talks about the prediction model used at Mindrock to make investments and his special Hack Temple project.
UVC: Chirag Gupta from 8X Ventures on investing in deep-tech startups in India and beyond, what Industry 4.0 could mean for the developed and the developing world, and why a ‘Founder-CEO’ is not the best option for a deep-tech startup
Understanding VC is a deep dive on how venture capitalists work. In this episode, I speak to Chirag Gupta, managing partner at 8X Ventures, a VC fund based in Dubai and investing in deep-tech startups globally. The podcast begins with Chirag talking about his decision of quitting 500 Global to start 8X Ventures to capitalise on the opportunity of investing in deep-tech startups in India and beyond. He talks about the process of his fund's operation throughout the globe and the way it works with the funds that are geographically closer to the deep-tech startups in Europe and the US. Chirag also gives his perspective on why VC funds that were initially making investments in only deep-tech startups, have since expanded into other sectors, which brings him to an insightful discussion about ‘Industry 4.0’ and its possible impact on industries and the workforce worldwide. At the end of the episode, Chirag elaborates why a ‘Founder-CEO’ is not the best option for a deep-tech startup in the long term.
Particularly enjoyed the episode with Rajesh!! 👌🏽
Great insight for SEA and India
Like the way Rahul gets down on the real questions. Can’t wait for many more episodes to come.
A VC podcast for entrepreneurs
A podcast for founders to understand VCs better. 👏🏽👏🏽👏🏽