Preeti Rathi, Partner at Ignition Partners, discusses the changing dynamics of seed investing.
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Sramana Mitra: On that geography topic, what’s happening from an immigration point of view in Vancouver, Canada given the friction that’s happening now in America around immigration? Are you seeing a big influx of talented engineers that are also entrepreneurs from other places?
Alireza Rahnema: I must say this has vindicated our thesis with 7 Gate in the past couple of years. Even founders, with the background that we had, have been disbarred from going the route of a US immigration. We see a lot of these talented graduates from technical universities in the Middle East looking at Vancouver as an alternative to the States, given the political climate. >>>
Ondrej Bartos, General Partner at Credo Ventures based in Prague, focuses on investing in Central European startups. Their major success story is UiPath in robotics process automation that has raised $265 million at a $3 billion valuation. UiPath has over 2,100 customers and claims to have annual revenues of $150 million. We discuss the Romanian company in some detail.
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Sramana Mitra: Tell me a bit about the geography. You said Salt Lake City. Does that mean that you’re investing only in new test startups? What is your policy?
Sumner Douglas: Definitely not. We definitely do take a lot of surge from Utah. The Utah tech game has grown significantly over the last couple of years. We see a huge amount of deal flow coming out of Salt Lake City and very high quality deals. We look at deals throughout the domestic US and internationally. >>>
Daniel Keiper-Knorr is Founder and General Partner at SpeedInvest, a venture firm based in Vienna. It’s great to see exciting energy and activity in Vienna, one of my favorite cities.
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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 Alireza Rahnema was recorded in January 2019.
Alireza Rahnema, Principal and General Partner at 7 Gate Ventures, talks about the Vancouver startup ecosystem and his firm’s investment thesis.
Sramana Mitra: Let’s start by getting you acquainted with our audience. Tell us about you. Tell us about 7 Gate Ventures. What kind of investment strategy are you following? >>>
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with George Spencer was recorded in January 2019.
Sumner Douglas is Managing Director and Venture Partner at BoomStartup, a Utah-based accelerator that offers pre-seed funding.
Sramana Mitra: Tell us what you’ve been up to. Tell us a bit about yourself as well about BoomStartup. >>>
Sramana Mitra: So geography. You said you’ve invested in Los Angeles. You invested in New York. Are those the two places where you invest mostly or are there other places as well?
Susan Stone: You know we’re pretty open within the US. Because we have that hands-on strategy, we really like to invest in places where we can be there.
Sramana Mitra: You said Michigan too, right? The lawn one is in Michigan.
Susan Stone: The lawn one was in Michigan. >>>