1Mby1M Virtual Accelerator Investor Forum: With Susan Stone of Sierra Wasatch Capital (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Susan Stone was recorded in January 2019.

Susan Stone, Founder and Managing Partner at Sierra Wasatch Capital, discusses their investment thesis around media technology.

Sramana Mitra: Let’s get acquainted. Tell us about you. Tell us about the fund. What’s your investing focus? Let’s get to know one another. >>>

430th Roundtable Recording on January 31, 2019: With Nandini Mansinghka, Mumbai Angels Network

In case you missed it, you can listen to the recording here:

1Mby1M Virtual Accelerator Investor Forum: With Jason Cahill of McCune Capital (Part 5)

Sramana Mitra: The stratification that’s happening in the industry right now is creating a different dynamic. Earlier, a small fund would not even exist. Right now, smaller funds exist. The smaller funds take the company for three to five years of its life, and then it exits into the larger funds, which would take it to the next 5 to 10 years of its life instead of the small funds growing from 0 to 10-year time frame. >>>

1Mby1M Virtual Accelerator Investor Forum: With Jason Cahill of McCune Capital (Part 4)

Sramana Mitra: So what is the best and easiest way for me to do this? I would like to acquire another product that is relatively cheap to acquire and be able to put it through my channel and just go from $1 million to 200 in million in revenue. That with the $700 million to $800 million is perfectly doable.

Jason Cahill: It’s funny because when you watch movies and they show the Wall Street banker, you’d think about the super cut-throat competition. When I think of a West Coast VC, I actually think people don’t collaborate on deals. By and large on the East Coast, especially in New York, there’s this very collegial environment where we share deal flow just because we tend to elevate things that we find interesting. The reason that I mention that is, if I’m only investing in unicorns and really chasing those, then I have to have a sharp elbow because there simply aren’t that many of them. >>>

1Mby1M Virtual Accelerator Investor Forum: With Jason Cahill of McCune Capital (Part 3)

Sramana Mitra: Are you chasing Unicorns?

Jason Cahill: Yes and no. I don’t get upset when my companies get marked up at billion dollars. If I invest in a company in $5 million, they get to acquire at $50 million, I can live that. That’s the tax. I have done very well at being efficient with capital. I love for all my companies to become unicorns but if they sell for $500 million, I think I’ll buy all. Everybody is happy.

Sramana Mitra: So what is the low threshold? Comment on what I said on the Bootstrapping to Exit article about the smaller opportunities. There is a class of investors emerging who are paying attention to the smaller opportunities that’s acknowledging the fact that most exits in the industry happen at the sub-$50 million price point. Are those of interest to you or are they too small? >>>

191st 1Mby1M Entrepreneurship Podcast with Frank Malek, Impacteo

Frank Malek is General Partner at Impacteo, an impact investment fund that invests in companies in the US and in Europe. This includes companies in digital health, climate change, fintech, etc.

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192nd 1Mby1M Entrepreneurship Podcast With Navid Alipour, Analytics Ventures

Navid Alipour, Co-founder and Managing Partner at Analytics Ventures, talks about their AI-focused venture studio in San Diego.

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1Mby1M Virtual Accelerator Investor Forum: With Jason Cahill of McCune Capital (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jason Cahill was recorded in January 2019.

Jason Cahill is Managing Partner at McCune Capital, a NY-based firm. He talks about the pros and cons of chasing Unicorns, as well as his firm’s investment philosophy. >>>