Singhal: Asking for help is stigmatized and underrated in India
“Most underrated or I think almost stigmatized concept in India is taking help and asking for help. We are not good at asking for help.”
Singhal: I have never read a single book on AI
“I have not read a single book on AI.”
Singhal: pi Ventures gained fundraising momentum only after making first three investments
“In fact, the only way we got momentum in our fund raise is when we actually wrote the first three checks. So that time people got some confidence, okay, there is something in the market.”
Singhal: pi Ventures took 2.5 years and ~1,000 pitches to raise
“It has been the, probably the most challenging thing I have done in my career so far. I mean, building Slingbox was easier than fundraising for five inches. And in some way it has also changed me as a person in an irreversible fashion, right? You go through so…”
Singhal: pi Ventures evaluated 800 companies over three years, investing in 10
“Over three years we had seen around 800 companies, over three years. And we had invested in 10, right? On an average week these days, we see seven to 10 companies every week.”
Singhal: pi Ventures Fund I raised 225 crore INR with $1M checks
“In our first fund, we have raised two 25 crores, which is around thirty-three million dollars. We have done 10 investments. We are likely to do four to five more investments from this fund. We typically invest around a million dollar plus minus in the first ch…”
Singhal: Founders should test ideas by letting them simmer for 100 days
“So if you have an idea that I want to do this, right, as a startup, sit on it for a hundred days. Let it sort of simmer in your head. And if you feel so passionately about it, even after a hundred days, there is something in it, then go and follow it.”