
In the latest episode of the Understanding VC podcast, Rahul Samat, Partner & India Head at Entrepreneur First discussing the essential traits Talent Investors seek and shares insights on identifying the right founders. Rahul discusses pivotal qualities of a great founder, exploring the impact of ambition, bias for action, the familial role in entrepreneurship and how Entrepreneur First (EF) helps aspiring entrepreneurs. Rahul shares how a person can decide if they should be a founder, the implications of having a co-founder, and the challenges and rewards of entrepreneurial journeys. The conversation also dives into the mental models of successful and aspiring entrepreneurs, the fear of failure, and the impact of cultural norms on entrepreneurship.
Jan 16, 2024
1 hr 1 min

In the latest episode of Understanding VC, Mehak Khanna, a seasoned corporate lawyer with extensive experience, delves into critical aspects of the startup ecosystem. She explores topics ranging from startup convertible notes and challenges in Indian startup regulations to foreign fundraising issues and the impact of FinTech regulatory changes. Mehak also discusses the overview of the Data Protection Bill, crowdfunding platforms in India, and the pandemic's effects on fundraising and startup valuations. Notably, she emphasizes the growing significance of ESG in Indian startups, providing insights into ESG due diligence and compliance indemnities. The conversation covers key investor rights, the equity-debt debate, and the evolving landscape of fundraising terms. Mehak concludes by highlighting the positive trend towards increased importance placed on due diligence and compliance in the startup ecosystem. Tune in for a comprehensive exploration of the legal intricacies shaping the future of venture capital and startups.
Dec 13, 2023
56 min

In the latest episode of Understanding VC, Hussein Kanji, Partner at Hoxton Ventures, shares invaluable insights on building an enduring VC firm. From navigating the challenges of transitioning from a boutique to an enduring institution to the nuances of partnership culture, Hussein delves into critical aspects of firm evolution. The discussion covers the delicate balance between personal and firm brand, the importance of succession planning, and the commitment to long-term success.
Hussein also explores the benefits of maintaining positive relationships with Limited Partners (LPs) and the advantages of being in a partnership. The conversation concludes by highlighting the significance of transitioning from a boutique to an institution, emphasizing the benefits of scale in capital and human resources.
Throughout the episode, Hussein provides practical advice on building a successful VC firm, focusing on identifying talent, fostering belief in the firm's vision, and gaining trust from LPs.
Dec 4, 2023
1 hr 5 min

In this episode of the Understanding VC podcast, I engage in an enlightening conversation with Maryanna Saenko, the Co-founder and Partner at Future Ventures, about the voluntary carbon markets. We examine the importance and potential of voluntary carbon markets, differentiating it from the compliance market. On top of that, we deep dive into the benefits and challenges linked to nature-based solutions and engineering-based carbon sequestration. Maryanna also shares insights on investing in climate-focused startups, their operating business models, and the significance of raising awareness about the climate crisis.
Nov 30, 2023
1 hr 2 min

In the latest episode of Understanding VC, we explore the intricacies of Indian agriculture with Mark Kahn. We uncover historical insights and contemporary challenges, delving into the impact of COVID and unique opportunities for tech investment. Kahn highlights life sciences' role in addressing dietary shifts and protein consumption trends, discussing structural diet changes and the potential of life sciences in climate change mitigation. We navigate through key points like land reforms, digitization, leasing challenges, and the pivotal role of entrepreneurial talent in agri tech. The podcast concludes with reflections on diverse business models, a bullish outlook on Agri Tech IPOs, and wisdom drawn from Rudyard Kipling.
Nov 28, 2023
43 min

In this episode of the Understanding VC podcast, I discuss startup accelerators, and their role in supporting startups, with Michael Cardamone, CEO and Managing Partner at Forum Ventures. We discuss the pros and cons of joining an accelerator, including the equity trade-off and the challenges faced by accelerators in the current market. Michael highlights the importance of founders finding a peer group to work with and also emphasizes the need for accelerators to provide an amazing founder experience. The conversation also explores the different accelerator models and the growing trend of venture studios.
Nov 14, 2023
51 min

In the latest episode of the Understanding VC podcast, Itamar Novick, founder of Recursive Ventures, discusses the world of solo capitalists, exploring their benefits for founders, challenges they face, and the evolving landscape of venture capital. The conversation delves into topics such as LP interest in solo GPs, fund size limits, and the future relationship between solo capitalists and traditional VC firms.
Nov 7, 2023
1 hr 4 min

Dive into the world of startup boards with Joe Leech in this illuminating discussion. Learn the key distinctions between board governance and decision-making, discover the core responsibilities of directors, and identify the ideal timing for forming a board. Uncover the roles of 'board chairpersons,' 'board observers,' and 'non-executive board members.' Gain valuable insights on the critical founder or investor chair decision, board size for early-stage startups, and effective communication practices. This podcast offers a wealth of knowledge to enhance your startup's journey.
Oct 12, 2023
53 min

In the latest episode of the Understanding VC podcast with Caroline Casson, Partner at VITALIZE Venture Capital, Caroline shares her insights on the critical aspects of due diligence for early stage startups in venture capital. She emphasizes its importance for informed investment decisions and responsible investing. Key takeaways include evaluating the founding team's compatibility, advisors' relevance, and the delicate balance between confidence and arrogance for founders. Caroline also discusses assessing the team's ability to execute, motivation, ownership percentages, and the significance of online background checks. She covers topics like market sizing strategies, financial due diligence, and maintaining transparency with founders. This episode provides a comprehensive guide to the due diligence process for early stage startups in venture capital.
Oct 4, 2023
1 hr 5 min

In this episode of the Understanding VC podcast, Jyri Engeström, Partner at Yes VC, makes the argument that startup founders should also be startup investors and he has created a deck on how to do it. You can find the deck in the show notes.
He discusses the concept of "Dual Threat CEOs," the benefits of founders investing in startups to expand their networks, and how limited partners view founder-investors. Jyri also talks about his approach to investing with limited capital, the importance of considering opportunity costs, and the value of generosity in the startup ecosystem. The episode explores "Parallel Entrepreneurs," a structured approach to angel investing, and the significance of starting early and maintaining consistency. Jyri shares his role at Yes VC, where he incubates startups while investing, and the importance of creating multiple successful ventures. The podcast concludes with a focus on diversifying risk and its impact on the psychological well-being of founders.
Sep 26, 2023
1 hr
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