Nikhil Basu Trivedi
27 statements across 2 episodes · 8 bullish · 8 bearish · 1 people on the record · first statement Jun 1, 2016 by Nikhil Basu Trivedi · said 20 times in 9 episodes since 2016 · across every show →
On the record as a speaker too: Nikhil Basu Trivedi's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Harry Stebbings (19), Beezer Clarkson (1)
tap a year for its mentions
2023 2 mentions in 2 episodes 1 per episode
2020 4 mentions in 2 episodes 2 per episode
- 20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
- 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
- every mention in 2020, scene by scene →
2019 8 mentions in 2 episodes 4 per episode
- 20VC: Kapwing Founder Julia Enthoven on Why Marketing Innovation Is As Important As Product Innovation, Why Every Company Is Becoming A Media Company & The Benefits Of Not Raising Money Too Early
- 20VC: Why Startup Valuations Are Not As Overpriced As You Think, How To Determine Whether An Investor Is Truly Aligned To Your Mission and What 2 Traits Make The Truly Special Board Members with Jason Brown, Founder & CEO @ Tally
- every mention in 2019, scene by scene →
2017 2 mentions in 1 episode
2016 4 mentions in 2 episodes 2 per episode
Everything said about Nikhil Basu Trivedi, oldest first
Jun 1, 2016
Basu Trivedi: Venture experience eventually trumps operating background for investors
“But now that I've been in venture capital for five to six years, the venture experience trumps the operating experience at some point. It absolutely does now for me. And so I think the venture experience now informs much more what I do every day with finding n…”
Sep 6, 2023 positive
Basu Trivedi: Founders Should Judge VC Associates by Quality, Not Title
“I think that you're better off as a founder judging based on the actual conversation you have, which sometimes may be a lot better with the youngest person on the team versus the managing partner of the firm, and sometimes it won't be.”
Sep 6, 2023 positive
Basu Trivedi: Investments require deep personal conviction on spending time
“I have to believe in my bones when we make an investment decision that this is something I really want to spend time on. Perhaps it used to be much more just about the capital and the economics, and now it's about both that and time.”
Sep 6, 2023
Sep 6, 2023
Basu Trivedi: Fundraising ability differs sharply from business building ability
“And so I have been sucked in and seduced by founders that can tell a great story, that are great in a handful of one hour sessions and in person for the first time, who feel like they're magnets for talent, who know their business inside and out, it seems, and…”
Sep 6, 2023 negative
Basu Trivedi: Exercising pro-rata in rapid markup rounds was my biggest mistake
“I think it was doing our pro-rata In companies that quickly raised another round at a huge step up from where we first invested. Fundamentally, there was very little de-risked, and we saw this happen where a company had raised a series A from us, and two month…”
Sep 6, 2023
Sep 6, 2023
Basu Trivedi: Exceptional startups deserve exceptions to standard VC portfolio rules
“Exceptional companies deserve exceptions. And it's a mantra that I've tried to always have in my venture career, which is yes, you have this model of how you want to invest this dream idea of portfolio construction and the profile of company that you're lookin…”
Sep 6, 2023 positive
Basu Trivedi: VCs must spend over 50% of time sourcing new investments
“The single metric that we're focused on there is, are we spending more than 50% of our time on meeting new companies and sourcing new investments? I firmly believe you have to spend the majority of your time on those things. To be able to find the next great o…”
Sep 6, 2023 neutral
Sep 6, 2023 negative
Sep 6, 2023 positive
Sep 6, 2023 bullish
Basu Trivedi: The Farmer's Dog is my biggest investment hit, not Canva
“I actually think my biggest hit right now at least as I can best predict it is not Canva. Dollar gains, Perspective, and on an IRR basis as well, it's a company called The Farmer's Dog, which is in the pet food space, and it's a subscription service for fresh …”
Sep 6, 2023 negative
Sep 6, 2023 positive
Sep 6, 2023 negative
Basu Trivedi: Making VC decisions via internal politics is a terrible practice
“Look, I think there are partnerships where decisions are made based on the ability of individuals to sell internally, and so there's some folks that are just naturally more gifted to sell the deal to their partners, and there's political points back and forth …”
Sep 6, 2023 bearish
Basu Trivedi: Several AI startups are seeing ARR declines due to churn
“I've heard there are several companies now that have grown rapidly in ARR and have now started declining in ARR as retention actually starts to affect these businesses because there's churn from folks who just try out products built on top of these LLMs becaus…”
Sep 6, 2023 bearish
Basu Trivedi: Massive AI foundation model seed rounds make no sense
“We don't think that the foundational model investments that, for example, they're raising hundreds of millions of dollars in a seed make any sense. They don't make sense for sure for our firm, but we don't think they actually make much sense for the big funds …”
Sep 6, 2023 bearish
Sep 6, 2023
Footwork expects to make 20 Fund I investments averaging $4M to $5M
“Our total fund size is about a hundred and seventy five million, right? We think we'll make about 20 investments out of that fund, an average check of four to five million dollars, so let's call it sort of 80 to a hundred million dollars on initial investments…”
Sep 6, 2023
Basu Trivedi: Great founders combine confidence with vulnerability about their weaknesses
“Again, that, that ability to be confident in what is actually working but also confident in what's not working yet. Vulnerable about it, and clear-eyed and self-aware about it, is I think a characteristic of many of the great ones.”
Sep 6, 2023
Basu Trivedi: Startups requiring no immediate follow-up rarely become massive winners
“And I've gone back to try to study this, like, if I'm thinking about it that evening, if I'm reaching out to people to sort of suss it out better, and you know, I'm just researching on my own about it, you know, hours after the first meeting, there's something…”
Sep 6, 2023 negative
Basu Trivedi: Larger VC fund sizes cause laziness in investment decisions
“You know, in a strange way, I really like the constraint of our fund size. I actually think it forces us to make better decisions. And I think there's a laziness and a lack of great decision making that can come from having a bigger fund in the same way that i…”
Sep 6, 2023
Basu Trivedi: Asking founders for a board agenda tests their self-awareness
“Oftentimes if I'm really digging in and really excited about something, I'll say something like, hey, let's just pretend that this is our first board meeting right now, that we just invested in the company. What's What's the main challenge topic or discussion …”
Sep 6, 2023 positive
Basu Trivedi: Personalized founder support requires limiting investments to a handful yearly
“When you only make a handful of investments every year, when each one really matters to you because you're leading those rounds, you can deliver that type of really personalized support, and that's So much of why we've built this firm.”
Sep 6, 2023 positive