Sheel Mohnot

27 statements across 2 episodes · 9 bullish · 10 bearish · 1 people on the record · first statement Aug 15, 2022 by Sheel Mohnot · said 1 times in 1 episodes since 2025 · across every show →

On the record as a speaker too: Sheel Mohnot's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Sheel Mohnot, oldest first

Aug 15, 2022
Disclosure
Sheel Mohnot: Better Tomorrow Ventures dictates valuations as a price maker
“The other is there's a difference between a price taker and a price maker. So like, Oftentimes a founder will say like, this is what I want. And we say, okay, like totally understandable. If you want to work with us, the price is X. And here's a bunch of folks…”
Sheel Mohnot Aug 15, 2022 ▶ 17:50 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 positive
Assertion Not publicly verifiable
One 500 Fintech Portfolio Company Returned the Entire Fund Five Times Over
“Even though I invested in 70 plus companies, there's only a handful of them that really matter, and the one The one biggest one represents a five X on the fund.”
Sheel Mohnot Aug 15, 2022 ▶ 9:14 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 negative
Assertion Not checkable as stated
Mohnot Has Not Read a Book in Twelve Years
“I haven't read a book in a dozen years, and I've found that, like, I know authors, I find that, like, books are too long and full of fluff, I get a lot more out of reading articles, long form articles or listening to podcasts.”
Sheel Mohnot Aug 15, 2022 ▶ 47:07 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022
Disclosure
Mohnot Faked Having a Fund by Investing Personal Capital for 18 Months
“For the first 18 months, I was basically funding it out of my own pocket, pretending like I had a fund. And it was most of the money I had at the time. Like I was selling stock to invest in startups to pretend like I had a fund.”
Sheel Mohnot Aug 15, 2022 ▶ 8:47 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 negative
Disclosure
Mohnot and Gibson declined VC offers in 2019 due to bureaucracy
“We ended up getting offers at funds, but decided during this time that he and I got to know each other a lot better, we decided, hey, maybe we should just do our own thing. These funds are maybe not for us. Some of them are too bureaucratic. Some of them have …”
Sheel Mohnot Aug 15, 2022 ▶ 2:28 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 positive
Disclosure
Sheel Mohnot: Ryan Petersen Gave His Most Compelling First Pitch
“Yeah, I think the most the most compelling first pitch I had was Ryan Peterson at Flexport.”
Sheel Mohnot Aug 15, 2022 ▶ 45:49 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 bearish
Opinion
Mohnot: Venture markets in Africa and Pakistan face the greatest downturn
“I think the markets that are in the most trouble are Africa and Pakistan.”
Sheel Mohnot Aug 15, 2022 ▶ 41:36 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022
Disclosure
Mohnot Lived on One Dollar a Day During India Fellowship
“I did this fellowship lived in India on a dollar a day. So very, very low burn lifestyle. I was working in microfinance and decided I would live like my borrowers and my borrowers, you know, lived on a dollar a day. So I decided I would too.”
Sheel Mohnot Aug 15, 2022 ▶ 4:29 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 positive
Disclosure
Mohnot: Three BTV portfolio companies each represent multiple fund turns
“There are three companies that each represent multiple turns on the fund.”
Sheel Mohnot Aug 15, 2022 ▶ 10:02 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 bearish
Opinion
Mohnot: Chime Is Significantly Overvalued at a $25 Billion Valuation
“While chime at twenty-five billion is probably very significantly overvalued.”
Sheel Mohnot Aug 15, 2022 ▶ 33:40 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 bullish
Disclosure
Mohnot Achieved a 169x Return Selling Flexport Shares at $25.40
“Personally, my biggest tip from a cashback perspective is Flexport. I think rough numbers, when I invested, it was like, 15 cents a share, and I sold at 25 dollars and 40 cents a share.”
Sheel Mohnot Aug 15, 2022 ▶ 29:20 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 negative
Insight
Mohnot: Venture GP fund commitments should cap at 10% of net worth
“So I think it really should be some portion of your net worth, and maybe it should be, like, up to 10% of your net worth should be in a fund. And that's a significant portion, but not like, it's not like you're gonna need an extra, like, you're not gonna wanna…”
Sheel Mohnot Aug 15, 2022 ▶ 39:12 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 bullish
Disclosure
Mohnot's Chipper Cash Investment Grew From $2.5M to Over $2B Valuation
“And then unrealized, I think my biggest is a company called chipper cash. My first investment in the company was at a two and a half million dollar valuation about three years ago, and the last round was over two billion.”
Sheel Mohnot Aug 15, 2022 ▶ 30:26 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022
Insight
Mohnot: Failed investments bias VCs against viable business models
“And I think the biggest miss for me was you look at a model, you've invested in a model that didn't work and you have the idea that it can't work. And actually, no, that's not true. It's just like the founder didn't do the right things to make it work.”
Sheel Mohnot Aug 15, 2022 ▶ 34:03 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Aug 15, 2022 neutral
Disclosure
Mohnot: Better Tomorrow Ventures does not automatically exercise pro-rata rights
“Yeah, we definitely don't always do our pro rata. I would say we are choosy”
Sheel Mohnot Aug 15, 2022 ▶ 20:24 Sheel Mohnot: Lessons from Investing in Flexport and Missing on Robinhood | 20VC #917 · 20VC with Harry Stebbings
Jul 17, 2023 negative
Insight
Mohnot: Single-check VC strategies force follow-on capital into weaker companies
“If your strategy is just to do one check, but you have to do some follow-ons, then you end up not Following on to your best companies, you end up following on when you have to, which can be your worst companies.”
Sheel Mohnot Jul 17, 2023 ▶ 9:19 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 negative
Disclosure
Mohnot prefers in-person work but will not mandate it for startups
“And now, it is actually my preference that companies are in person, but I can't mandate it. I don't mandate it because I think we've seen too many success stories that aren't all in person.”
Sheel Mohnot Jul 17, 2023 ▶ 2:56 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023
Disclosure
Mohnot raised Better Tomorrow Ventures' $75M Fund 1 without an anchor LP
“No, we had no anchor. So, so there was fund zero, my fifteen million dollar fund, then fund one, 75, and we had no anchor. In the seventy five million dollar fund.”
Sheel Mohnot Jul 17, 2023 ▶ 25:34 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 negative
Opinion
Mohnot: Y Combinator is too scaled to provide specialized fintech support
“YC is a totally different beast. YC is great. Like they've great, great companies, but it's really built for scale. And it, and some of our portfolio companies that went through YC said they didn't really get the support in FinTech that they needed. They have …”
Sheel Mohnot Jul 17, 2023 ▶ 38:14 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 neutral
Opinion
Mohnot: Seed leads are forced to follow on when reputable investors join
“If you lead the seed round and somebody good is following on, you kind of have to follow on.”
Sheel Mohnot Jul 17, 2023 ▶ 8:04 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 positive
Disclosure
Mohnot: Taco Bell paid $25k for his honeymoon after metaverse wedding
“I, they gave us, they gave me 500 bucks for my birthday in Taco Bell credits, which actually Taco Bell gets you pretty far. They also paid for our honeymoon, 25 K, which is pretty nice.”
Sheel Mohnot Jul 17, 2023 ▶ 1:08:37 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 negative
Assertion Not checkable as stated
Mohnot: Data-driven VC invested in Zume Pizza based on Facebook shares
“So, okay, on that company, I met a guy who invested in that company early, or relatively early, and it was a data-driven VC. And I was like, what data do you have for this company? And he was like, we have all this data on, like, number of shares on Facebook o…”
Sheel Mohnot Jul 17, 2023 ▶ 0:04 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 negative
What-if
Mohnot: Failing to take secondary liquidity was his biggest investment mistake
“For me, it was not taking enough cash out. So, like, I had the opportunity to take a lot, like, I could have returned multiples on the fund, and I didn't”
Sheel Mohnot Jul 17, 2023 ▶ 42:54 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023
Disclosure
Mohnot: Three of his top five portfolio companies were pivots
“So listen, three of my top five companies were pivots.”
Sheel Mohnot Jul 17, 2023 ▶ 46:35 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 positive
Disclosure
Mohnot: 500 Fintech cohorts produced five 70x return companies
“We have five companies that are more than 70 X on each, in each of the, so we did five cohorts of six to 10 companies, and out of all those, so say it's like 40 companies in total, we have five companies that are delivering more than 70 X return.”
Sheel Mohnot Jul 17, 2023 ▶ 41:04 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 positive
Disclosure
Mohnot: 500 Fintech accelerator fund has returned 1x DPI
“We have returned the full fund.”
Sheel Mohnot Jul 17, 2023 ▶ 41:29 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
Jul 17, 2023 positive
Disclosure
Mohnot: Better Tomorrow Ventures waives part of its 2% management fee
“You know, now we have three hundred million AUM. We could take two percent, which is six million to run our business. We actually take a much smaller amount and return it to LPs.”
Sheel Mohnot Jul 17, 2023 ▶ 21:52 Sheel Mohnot: How I Got Married in the Metaverse; Founder vs Product vs Market | E1035 · 20VC with Harry Stebbings
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