Gaurav Jain
11 statements across 1 episodes · 2 bullish · 6 bearish · 1 people on the record · first statement Jan 6, 2020 by Gaurav Jain · across every show →
On the record as a speaker too: Gaurav Jain's record, appearances and statements → this page counts the times other people say the name.
Everything said about Gaurav Jain, oldest first
Jan 6, 2020 neutral
Gaurav Jain: Afore Capital treats follow-on checks as new investments
“We consider each check we write, even in existing portfolio companies, as a new investment. So we run a very similar process where we will put together a memo and really try to understand, is this, if we were to have a blank slate, would we invest in this comp…”
Jan 6, 2020 negative
Jain: Venture capital is a human service business that cannot scale like software
“But I think people forget that venture is a services business. This is not a software company. You know, two core parts of being a venture capitalist are exercising judgment and advising founders. And both of those things cannot be productized. Well, at least …”
Jan 6, 2020 bearish
Jain: Multi-stage funds entering seed rounds is a temporary phase
“So we think this is a more of a phase, and I think over time, as the economic cycles shift, you know, the Series A funds will retreat to focus on what they do best, which is investing at Series A, which is, you know, around the time when the company is getting…”
Jan 6, 2020
Jan 6, 2020 positive
Jain: VCs should ask founders questions rather than dictate actions
“Don't tell founders what to do, even though you have that urge all the time, because you've seen that before, but instead to focus on first principles to ask the right questions of the founder. So they can make, they can come to that conclusion themselves and …”
Jan 6, 2020
Jain: Early-stage diligence should focus on reaching the next inflection point
“And the way we operate is we make a list of key questions we have to answer in the diligence process. And these are basically things that need to go right for this company to get to the next inflection point. Not necessarily for this to be a massive business.”
Jan 6, 2020 bullish
Jain: More specialist institutional investors will enter the pre-seed stage
“And we also expect, given the incredible amount of demand for institutional grade lead investors at the pre-seed stage, That we expect more specialists to enter the category. Whether they're coming in from a stage focus, like we are, or a sector focus, we expe…”
Jan 6, 2020 bearish
Jain: LP flight to quality will lead to fewer new micro-VC fund creations
“So, so you're going to see, we think of fewer new fund creations. And when we say fund, we're not talking about a few million dollar funds. We're talking about sizable funds that can lead, you know, institutional size rounds.”
Jan 6, 2020 negative
Jain: Series A funds preempt rounds sooner and at inflated valuations
“In a prepared mind for a Series A fund, we certainly see those rounds getting preempted, and maybe those rounds are getting done sooner than they would have five, 10 years ago, and they're getting done at a price higher than those companies probably deserve.”
Jan 6, 2020 negative
Jain: Media overstates frequency of massive initial seed rounds for new founders
“I think it happens much less frequently than the media may make it up to seem. Mostly because when that happens, it becomes news. Hence, we all hear about it, and it makes it feel like that is what is happening day to day. But the reality on the ground is, for…”