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Anonymous

Hey I am on Medial • 1y

AMA - I am a VC with 4+ years of experience. Have invested from Pre-seed to Series A. Focus sectors are : Consumer Tech, FinTech, SaaS. Portfolio of 25+ companies. Happy to answer any questions the community might have.

Anonymous

Hey I am on Medial • 1y

Summarising some basics to the VC world and Startup world here below : Please note, that this is my opinion and view (may or may not be correct), but in the end this ecosystem is about building a perspective and sticking to it. 1. My definition o

Anonymous

Hey I am on Medial • 1y

Some basics I think founders should think of before starting a VC fundable business - Why is my business VC fundable? Can I achieve the numbers said above? - Why do I think there is a potential to generate 1000 Cr revenue? How will the breakup look?

Anonymous

Hey I am on Medial • 1y

- How do I calculate the real market size for my product? e.g. - What do you think is the market size for the Apple iPhone? For starters, no the market size is not the whole population of the world. - What will be the unit economics of this business

Anonymous

Hey I am on Medial • 1y

4. Some learings from the startups I have invested in - - If you ask if someone has a problem and if they want a solution. They will always say yes. The key question is how deep is the problem for them and will they pay for it? - Insight generation depends on asking the right questions not leading questions. e.g- If I ask you do you think you like your home clean? you will say yes. Do you think a robot that can clean will be of interest to you? The answer will be yes. So a cleaning robot is a great idea, but it failed. Can you identify the problem here?

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Anonymous

Hey I am on Medial • 1y

- Business has to be profitable. Incentivising the customers to build a habit is a difficult thing to build, can it be done yes. But it is very difficult and if you want to do it - Have a very good answer to why are you the only one who can do this. - Ideas are copied everyday - what matters is your unique insight and how you execute - Money is not the solution to any problem. Throwing money never helps. There have been many bootstrapped startups that were built, learn how to build frugally. - Beautiful products are not the solution. Even crappy products which solve real problems are paid for and beautiful products that do not solve real problems are unpaid for. - Why your customer should use your product, should have an answer in less than 10 words and with no jargons

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