Understanding VC

🕰️ Timestamps:00:00 - Introduction00:44 - Having Multiple Term Sheets04:39 - Real-Life Fundraising Scenarios07:27 - Strategies for Effective Fundraising11:08 - ‘Best Outcome’ when Raising Funding14:10 - Single v/s Multiple Term Sheets18:33 - How to secure Multiple Term Sheets25:37 -  Role of Investors in Fundraising30:15 - VC Support in Fundraising34:07 - Timing and Control in Fundraising38:35 - Managing Investor Relationships41:41 - Delaying Dataroom is a Negative Sign?43:59 - Prioritizing & Qualifying Investors for Intro Calls47:25 - Purpose of Intro Calls51:51 - Do well-run fundraising processes correlate with company success?54:44 - Communicating through the Fundraising process56:14 - ConclusionAboutCamila is a General Partner at Grand Ventures. In this role, she identifies promising investment opportunities across the firm’s sectors of interest, works closely with portfolio companies on strategy development and implementation, and spearheads fundraising and operations for the firm. Camila has 12+ years of venture capital, consulting, and corporate experience. Prior to Grand Ventures, Camila worked at General Electric holding management positions within finance, portfolio management and business strategy. She spent six years at GE Ventures, playing a crucial role in building the foundation for it to become one of the most active corporate venture capital firms in the country, and managing a portfolio of over 150 investment companies. She has also held operational roles in startups, including an extensive project with Zinc, a GE Ventures portfolio company acquired by ServiceMax, and Imaginare Studios, a company she co-founded with two MBA colleagues.Her recent recognitions include being named a Venture Capital’s Rising Star 2024 (PEI), 50 Most Influential Women in West Michigan (Crain’s 2024), and 39 Most Important VCs in the Midwest (Insider 2022).She is a class 27 Kauffman Fellow and currently serves as a Board Director of the Michigan Venture Capital Association. Most recently she co-founded the Great Lakes Venture Capital Association.Camila earned a BBA from the Universidade Federal da Bahia in Brazil and received her MBA from The Wharton School at the University of Pennsylvania. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

🕰️ Timestamps:00:00 - Introduction00:48 - Opening Question01:08 - Challenges in Evaluating Founders03:56 - Assessing Founders06:58 - Market and Product Assessments09:25 - Founder-led companies do better at later stages?12:00 - The Importance of Quantitative Assessments13:14 - Psychological and Motivational Discernment16:24 - Value Creation in AI20:30 - Framework for Assessing Founders24:32 - Storytelling + Narrative26:43 - Vision31:35 - Inquisition + Curiosity33:42 - Grit and Drive35:40 - Do Founders really need External Validation?37:51 - Irreverence for Status Quo39:53 - Resourcefulness in Time and Money41:46 - Magnetism45:56 - Superpowers50:32 - Not-So “Ideal” Founders51:45 - Curiosity as Sign of Intelligence54:45 - Adapting to Time Constraints01:01:09 - Conclusion📍 About:Born and raised in Philadelphia, James Shecter began his journey into entrepreneurship and venture capital as an undergraduate, where he served as a strategist and consultant for several student-run startups, including Seated and Transcend. He launched his professional career at Citibank in New York City, providing multi-stage M&A advisory services in the aerospace and business services sectors. Following this, he transitioned to Lee Equity, a middle-market private equity firm, where he was involved in various transactions within the fintech/insurtech and healthcare industries.Most recently, James worked at 9Yards Capital, a growth-stage venture capital firm based in Los Angeles, where he contributed to deploying over $50 million into fintech, logistics, and enterprise startups such as Chainalysis, LeafLink, and Remote HR. Additionally, he co-leads The MBA Fund, an institutional seed fund that supports entrepreneurs from the Harvard, Stanford, and University of Pennsylvania ecosystems.Since his high school years, James has been actively engaged in mentoring, tutoring, and coaching students from inner-city Philadelphia. He holds an MBA from Wharton and a BA in Behavioral Economics from Harvard. Outside of his professional pursuits, James enjoys surfing, reading, and writing, and is working towards building a collection of guitars as functional decor for his future home. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

🕰️ Timestamps:00:00 - Introduction00:42 - Purpose of a Pitch02:15 - Defining the Outcome of Your Pitch05:32 - Elements of Persuasion in a Pitch12:08 - Different Types of Pitches17:57 - Core of a Great Pitch21:29 - Crafting an Effective Pitch24:27 - Structuring the Pitch for Funding28:22 - Right People to Practice Pitch to  30:06 - What Investors Look for in Startups33:30 - Structuring Your Pitch for Maximum Impact38:39 - Handling Q&A Sessions Effectively41:14 - How should you End the Pitch?45:18 - How often should Startups change the Pitch as it Progresses47:43 - Should you seek feedback after a pitch?50:55 - Importance of Visuals and Demos in a Pitch55:36 - You are the Pitch01:00:01 - Conclusion📍 About:Kris Childress is the Managing Partner at Kris Consulting, a Singapore-based consultancy helping early-stage tech startups. With a rich background in business development, technology commercialization, and strategic storytelling, Kris has played a pivotal role in the success of noted Singapore ventures such as Zimplistic, Equatorial Space, and NEU Battery Materials, providing expert guidance in pitching, business ideation, and strategy.As the Mentor-in-Residence at the National University of Singapore’s Enterprise Incubator, Kris works closely with university spin-offs, providing hands-on mentoring to help them navigate the early stages of development. He likes to describe his focus as Ideation, Validation, and Narration for early-stage ventures. Kris was also part of the teaching and consulting team for the NUS Graduate Research Innovation Program (GRIP) for over 5 years, where he guided a number of startups towards market success.Prior to moving to Singapore, Kris was deeply involved in business development for several U.S.-based technology companies in hardware, software, and consulting services. He holds a degree in Biology from a leading American university and has lived in Singapore for more than 17 years with his Singaporean wife and their two dogs, Zac and Zofie.In addition to his professional endeavours, Kris is an avid reader with wide-ranging interests, which he says has been essential to his work as a mentor. Kris and his wife are also passionate travellers, having recently visited and kayaked in Antarctica for the first time. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

🕰️ Timestamps:00:42 Success Metrics for Series A Fundraising01:29 Industry Averages and Market Trends02:11 Factors Influencing Graduation Rates04:07 The Importance of Support and Playbooks05:43 Developing Benchmarks and KPIs10:54 Case Study: Tecto's Roadmap to Series A12:46 Challenges and Common Gaps in Planning17:56 Defining and Achieving Product-Market Fit28:43 Go-to-Market Strategy Principles30:05 Exploring Growth Channels31:04 Key Metrics for Success32:21 Pricing Strategies35:53 Building a Strong Team40:19 Financial Metrics and Burn Rates42:39 Planning for Series A45:37 Adapting to Challenges50:25 Crafting a Compelling Equity Story54:39 Ideal Metrics for Series A57:45 Conclusion and Final Thoughts📍About:Christian Meermann is a Founding Partner at Cherry Ventures. After some years at The Boston Consulting Group, Christian joined Zalando as their first CMO. Christian was responsible for building up and managing the group’s marketing efforts (i.e. performance marketing, CRM, PR, TV and brand marketing). He then joined the Management Board of Peek&Cloppenburg and was responsible for the company’s online business. He holds a diploma in business administration from WHU – Otto Beisheim School of Management. He has lived and worked in the U.S., Spain, Brazil and South Africa. Christian gets excited about founders that are as passionate about execution as they are about building a strong and sustainable brand. He has a particular focus on logistics and mobility as well food technology companies. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

🕰️ Timestamps:00:00 - Introduction00:50 - Opportunity in AI02:39 - OverInvestment in LLMs05:37 - Impact of AI on Jobs07:19 - Value Creation in the Application layer10:32 - SaaS evolving into AI Agents12:48 - Exaggeration of Capabilities in Gartner Hype Cycle19:22 - Human Brain v/s LLMs21:53 - Cost of doing Search is High27:42 - What is Accelerated Computing31:42 - Limitations of LLMs36:57 - LLM progress curve is Plateauing?38:49 - Opportunity for VC in AI Space43:15 - Will future Startups be High Margin?44:25 - Conclusion📍 About:Itamar is a solo capitalist and the founder of Recursive Ventures, a pre-seed fund focused on fintech, AI and emerging tech startups. Itamar has been on all sides of the startup table: as a founder and executive, an institutional VC, and an angel investor. He has supported over 50 successful startups, including Deel, Honeybook, Placer, Credible (IPO), MileIQ (acquired by Microsoft), Automatic Labs (acquired by SiriusXM), Tile (acquired by Life360), SafeGraph, and Armory. He’s been recognized by Business Insider as a Top 100 global seed investor. As an operator, he helped take Life360 from Seed to IPO, scaling the business to over $250m in revenue. Before that, Itamar was a founding team member and head of Product at Gigya (acquired by SAP). He holds an MBA from Berkeley Haas and an undergraduate degree in computer science from the Tel-Aviv Jaffa College. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

🕰️ Timestamps:00:00 - Introduction03:54 - Importance of Branding in Startups07:42 - Hugh on starting JFDI17:33 - Importance of Mentorship20:44 - How to attract great people26:06 - Measuring relevant Progress Metrics in Accelerators29:41 - Selection in Accelerators32:17 - What’s a ‘Great’ Outcome for an Accelerator?35:50 - Lessons from running JFDI38:53 - Startup Ecosystem in Singapore49:25 - Do top entrepreneurs still value accelerator programs?📍 About Hugh:Hugh Mason is a UK-born entrepreneur and investor based in Singapore, best known as the co-founder and CEO of JFDI Asia (Joyful Frog Digital Incubator), Southeast Asia's first startup accelerator, established in 2010. With a background in electronic engineering and media production, he has produced over 150 documentaries for major networks before transitioning to the startup ecosystem. Under his leadership, JFDI has invested around USD 3 million in over 70 startups, emphasising the importance of storytelling and community in entrepreneurship. Hugh continues to mentor emerging entrepreneurs and has co-authored books on startup journeys. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

In this episode you will learn:00:00 - Introduction 01:32 - Easy to build good relationships with Investors? 03:55 - Importance of a Good Relationship with Investors 05:59 - Size and Strategy of a fund affects Founder-VC Relationship 07:37 - Components of a Successful Relationship 09:04 - Hummingbird’s POV on Investor interference 12:16 - VCs' Role in Crucible Moments 14:39 - Power Dynamics in Founder-VC Relationships 16:35 - Can Investors and Founders be good friends? 21:03 - Scenarios Leading to Founder-Investor Friction 26:36 - Handling Co-Founder Breakups28:29 - Evolution of Founder-Investor Relationships34:49 - Measuring the Founder-Investor Relationship35:57 - ConclusionAboutAkshay leads investments in both emerging markets and global fintech at Hummingbird.Previously, Akshay worked at Citigroup, where he raised equity capital for large corporations, and at Artivest (acquired), where he helped build and grow a platform that enables retail capital to access alternative investments. During graduate school, Akshay had the opportunity to work with MIT's $25 billion endowment fund.In his spare time, Akshay records music and writes about founders in his newsletter, 'Amplify'.He holds an MBA from the Sloan School of Management at MIT and a BA in Economics with a minor in Ethnomusicology from Franklin & Marshall College. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

In this episode you will learn:00:00 Introduction01:28 The Prestige and Challenges of VC03:28 Arun Pai's Journey into Venture Capital04:08 Breaking into Investment Banking06:17 Transitioning from Banking to Startups07:57 Joining Monk's Hill Ventures09:04 Advice for Aspiring VCs11:59 The Fluidity of the VC Industry12:29 Who Should Become a VC?15:19 Skills and Specialization in VC22:58 Building Relationships and Reputation27:19 Transitioning to Quantitative Roles27:34 Understanding VC Roles and Value28:27 Challenges in Breaking into Investment Teams29:39 Building a 360-Degree Skill Set30:13 Personal Journey into VC33:23 VC Interview Process35:13 Importance of Partner Buy-In36:47 Why Do You Want to Become a VC?39:10 Monk's Hill Philosophy41:48 Due Diligence in VC Hiring42:22 The Excitement of Being a VC43:42 Challenges in High Conviction Investing47:20 The Importance of Networking and Luck48:37 Burnout and Specialization in VC51:16 Balancing Experience and Staying Updated52:53 Conclusion and Final ThoughtsAbout:Arun is a Principal at Monk’s Hill Ventures, based in Singapore and responsible for deal sourcing, due diligence and investment analysis and research. Arun brings over 15 years of experience in Finance and Tech start-ups.Prior to joining MHV, Arun spent the last 6 years in the startup ecosystem as a C-level executive. He was the Chief Sales & Strategy Officer at Flow, where he managed growth and capital raising initiatives for the company leading to its acquisition. Prior to that, he was the Chief Kristals Officer, one of the first employees at Kristal.AI. He started his career and spent just under a decade in investment banking at Lehman Brothers and, subsequently, at Nomura across New York, Hong Kong & Singapore.Arun graduated magna cum laude with a Bachelor of Science degree in Electrical Engineering from Georgia Institute of Technology. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

You can access the CVPE whitepaper [here] and join the CVPE LinkedIn group [here]In this episode you will learn:00:00 Introduction to Corporate Entrepreneurship00:34 Introducing Sebastien Picard and xcube01:08 Understanding Venture Studios02:10 xcube's Unique Approach02:42 The Corporate Venture Portfolio Equity Model05:40 Real-World Applications and Examples06:50 Challenges and Solutions in Financial Inclusion10:27 The Role of Ecosystems in Innovation13:24 Benefits for Startups, Investors, and Corporations18:15 The CVPE Model: A New Investment Class29:13 Psychological Support for Entrepreneurs32:40 Measuring Success and Future Evolution39:33 Conclusion and Next Steps for xcubeAboutSebastien Picard is a seasoned entrepreneur known for his expertise in early-stage innovative ventures.Sebastien has a proven track record of launching and growing multiple successful businesses across Asia, North America and Europe. His relentless determination, visionary and strategic mindset, and humility set him apart as a business leader.Sebastien founded xcube in 2023, xcube is a Singapore based corporate venture studio specialises in building ventures through a unique ecosystem approach.Established from Sebastien's entrepreneurial insights and brought to life by a talented core team, xcube embodies his vision and entrepreneurial experiences, paving the way for innovative ventures to thrive. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.

In this episode you will learn:00:00 Introduction to Big Business and Market Size01:28 Importance of Identifying Big Markets03:18 Challenges and Considerations for Founders05:07 Defining and Evaluating Big Markets05:58 Insights from Famous Market Examples09:51 Understanding Customer Experience and Market Dynamics12:20 Evaluating Unit Economics and Team Dynamics15:21 Prioritization and Roadmap for Startups24:09 Challenges of Digital Targeting25:15 Importance of Customer Experience26:53 Product and Market Dynamics27:25 Creating New Markets31:39 Understanding Customer Problems37:02 Iterative Product Development40:17 Surprising Success Stories44:42 Final Thoughts and ReflectionsAboutShiyan Koh is an experienced operator and investor. She is currently a Co-Founder and General Partner at Hustle Fund, a global pre-seed venture fund. Prior to Hustle Fund, she was VP of Business Operations & Corp Dev at NerdWallet (employee #10), growing annual revenue from $1 million to more than $150 million. Before NerdWallet, she was an investor at Institutional Venture Partners and Bridgewater Associates. 🔗 Follow us:🏠Website : https://understandingvc.com/🤝🏻LinkedIn : https://www.linkedin.com/company/understanding-vc/🎧 Spotify : https://open.spotify.com/show/1q7DxW3FEyP7EhH8m0VvAD🍎 Apple Podcasts: https://podcasts.apple.com/in/podcast/understanding-vc/id1551524895 💌 Connect with Rahul: 🤝🏻 LinkedIn : https://www.linkedin.com/in/rahulthayyalamkandy/📩 Email : [email protected]🐣 Twitter : https://twitter.com/rahul0720 📍 About: Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.