))
EP#24 Sasha Mirchandani – Angel investing to venture capital, learnings from missed investment opportunities & building a legacy VC fund
Manage episode 315182266 series 3254449
Contenuto fornito da Digjay Patel. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Digjay Patel o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
In this episode, Sasha Mirchandani, Founder & Managing Partner @Kae Capital & Co-founder @Mumbai Angels, joins our host Digjay, to talk about his learnings from investing in startups over the last 2 decades – from being an angel investor in early 2000s to starting his own VC fund in 2012, how Kae Capital leverages it’s LPs to add value to their portfolio startups, building a legacy VC fund, Sasha’s list of anti-portfolio startups (Oyo, Ola, Meesho, Unacademy) & key learnings from these missed opportunities.
Sasha founded Kae Capital in 2012 which is a Mumbai based sector agnostic VC fund that usually invests in seed stage startups. Some of its investments include 1mg, Nua, Porter, Zetwerk among others. Previously, Sasha was a Managing Director at Blue Run Ventures India, CEO and Founder of Imercius Technologies and Head of Corporate Affairs/New Businesses at Mirc Electronics (Onida). Sasha founded Mumbai Angels in 2006 which is among the top angel investment networks in India that connects startups with investors & professionals willing to invest in them. Sasha is among the first batch of angel investors in the country, is known for making early investments in companies like Fractal, InMobi & Myntra and was recently inducted in TiE Mumbai’s Hall of Fame as an Outstanding Angel Investor. You can connect with him here on Linkedin / Twitter
----
If you liked our episode, you can subscribe to our podcast on any of the major podcasting platforms like Spotify, Apple iTunes and Google Podcasts. Please leave us a review on Apple iTunes to help others discover this podcast. You can visit thevcpreneur.com and follow us on Twitter @thevcpreneur_ & Instagram @thevcpreneur for more episodes and interesting insights on the startup ecosystem. You can also follow our host Digjay on Linkedin & Twitter
----
Show notes –
1. (01:34) Sasha’s background; Starting Mumbai Angels in 2006
2. (03:54) Initial learnings as an angel investor
3. (07:09) Difference in investment approach between a VC and an angel investor
4. (09:04) About Kae Capital – Thesis, Fund size and portfolio composition
5. (10:36) What should VCs consider when choosing their LPs? Leveraging LPs to support portfolio startups
6. (14:39) Exit criteria for VCs; Why VCs need to put more thought on mitigating risks post investment and timing their exits?
7. (17:23) Learnings from his anti-portfolio and avoiding biases when evaluating startups
8. (19:49) Improvement in founder quality over the past 2 decades
9. (22:54) Rapid fire and closing remarks
70 episodi
Condividi
