Sramana Mitra: On the small fund team, one thing that we’ve heard is that they are exiting in the Series C and Series D round. Is that part of your game plan?
Sandeep Sardana: It’s not off the table. We haven’t done it, but it’s not off the table. It depends on your portfolio construction. If your portfolio is generating DPI early enough, you don’t necessarily need to start exiting. If you are able to get to it sufficiently without having to take positions off early, we’ll do that.
>>>Sramana Mitra: Two-sided marketplaces tend to be capital-intensive but you have found an entrepreneur who has managed to do a capital-efficient two-sided marketplace scale. What is the secret of that?
Sandeep Sardana: The entrepreneur is a do-it-all entrepreneur. He’s a top-level CTO himself. He has a great business mind. He built a small and very effective team in Bangalore. We leveraged our network. He also knew that speed matters. He has done it before.
>>>Sramana Mitra: I’ll tell you what we do at 1Mby1M. We do bottom-up TAM analysis, which means we have to get the business model and pricing model hypothesis. When you’re starting out and raising money, that financial hypothesis is really important to get right. We emphasize a few specific elements. One is the business model. Two is the pricing model. Three is the bottom-up TAM analysis. Does that cover what you’re looking for in financial storytelling?
Sandeep Sardana: I couldn’t have said it any better.
>>>Considering how omnipresent the topic of fundraising is in the entrepreneurship media, it is entirely reasonable to dedicate a quarter or a semester to teaching how investors think.
>>>Hamiz Awan, Founder and Partner at Plutus21 Capital, discusses Blockchain infrastructure and platforms.
Sramana Mitra: Let’s introduce you to our audience. Tell us a bit about our background as well as about Plutus21 Capital.
>>>Dr. Aniruddha Malpani, Founder of Malpani Ventures, is an active angel investor in Indian startups for the past decade. Wonderful conversation.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Dr. Aniruddha Malpani, Founder of Malpani Ventures, an active angel investor in Indian startups for the past decade. Wonderful conversation.
You can listen to the recording of this roundtable here: