Khare: Two-Thirds of Lightspeed India's Historical Investments Are Seed-Stage
“And by the way, two thirds of our investment historically have been seed investments. In India.”
Khare: Lightspeed's Repeat Founders Surged From 15% in 2014 to 70%
“We looked at our portfolio from 2014, 2019 and 20 24. So five year segments. About, if I remember correctly, about 15% of our founders were second time founders that we backed in that year. Either way, 15%. Today it's 70%.”
Khare: Overfunded Indian Startups Naturally Reverted to Stable Compounder Growth
“I'd say, 2017 to 20, 21. A lot of these companies that were compounded companies in terms of their architecture, ended up thinking they were Silicon Valley companies and raising whatever, hundred million dollars, five hundred million dollars, whatever that num…”
Khare: Indian Startups Succeed By Compounding 50% Annually Without Hypergrowth
“You start off, you don't go into a huge negative cash flow. You're going to shallow Jacob and you come out, but you don't grow at, you know, there's no hockey stick. Three X a year. You grow at 70% a year, 50% a year, but you do that for 15 years. If you go 50…”
Khare: Lightspeed's Early Bet on Music Streamer Dhingana Was a Mistake
“The first company I ended up advocating for to invest in was a company called Dhingana, a consumer company doing basically an early version of Spotify for India... Dhingana was the largest by traffic. And so we invested there. We got that call wrong. I got tha…”
Khare: Matrix and Nexus Founders Shared His HBS Batch
“We were in the same batch what's interesting is that actually a bunch of investors in India are in the same batch okay who all Avneesh from Matrix Suvir from Nexus and There used to be other folks who've moved back to the US since then, but.”