Ahluwalia: 90% of capital in top Indian VC funds is foreign-sourced
“Most of, even if you see the larger funds in India, like Bloom, Solaris or Axel of the world, 90% of their money comes from outside India, mostly US, right?”
Kamath: Accel and Nikhil Kamath recently invested in an air taxi startup
“We invested in a new company recently. I did and Axel did.”
Bajaj: Z47 rejected an early Flipkart meeting due to market size doubts
“Flipkart in particular, believe it or not, Axel had called me and they said, you know, we are doing this book site. And because you are an e-commerce founder, we want to be involved. I was like, I don't have internet users. So I didn't take the meeting.”
Frankel: Multi-stage VC firms have no incentive to matchmake for startups
“Sequoia will, it doesn't matter, by the way, I don't want to single out Sequoia here, but it doesn't matter if you take your check from Andreessen, Sequoia, Axel, you name them, right? They will never, they have no incentive to matchmake. They have no incentiv…”
UiPath Hit Zero Bank Balance While Employing 100 People Before Series A
“Between seed series and series A that we did here in London with Axel, I had to raise a bridge round from my investors, from existing investors, and we were negotiating for a long time, like, to do a cap, like, 20% cap, and they wanted the cap, and I wanted un…”