Girish Shivani
Co-founder and Partner, Yournest Venture Fund. On 1 show, 1 appearance. The Shows tab opens the full record on each.
Girish Shivani is an investor who co-founded Yournest Venture Fund in 2011. He has tracked and invested in the evolution of the Indian startup ecosystem for years.
1shows
1appearances
21statements
6resolved
3supported
0contradicted
50%fully supported
Everything Girish Shivani said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Shivani: A leadership coach holds the only veto power on YourNest's IC
“Sanjay who's you know, who I told you was an executive coach and leadership development guy is the only guy who sits on the IC who has a veto power. So we will actually walk away from opportunities which Sanjay says are not, you know, people are not with banki…”
Shivani: Founders should view VC delays as genuine interest, not stringing along
“The fact that I am not saying no to you can, should be actually seen positively. Because, I can easily say no, you know. So, so therefore if I'm saying that, you know, we are interested, you know, get to a stage where we can, you know, relook at the opportunit…”
Shivani: Second-time founders are always better because they learned from past mistakes
“Second time is always better because they have either become very successful, or they have learnt at somebody else's cost.”
Shivani: Proprietary venture deal flow is largely a myth in India
“Our feeling is that proprietary deal flow is not a very large chunk in this country, which means everybody gets to see everything.”
Shivani: India's domestic B2B market is too shallow to build $20M+ businesses
“India from the B to B side is not such a deep market. It's very shallow, and therefore, if they have to build a 20, 30, forty million dollar opportunity, they will have no choice but to go out and explore beyond the Indian shores.”
Shivani: Indian startup founder average age shifted from 24-25 to 31-32
“We've seen how this entire journey has moved from the average age of the entrepreneur moving from 24, 25 to 31, 32 today”
Shivani: YourNest rejects single founders, pre-revenue, and outsourced tech
“So for example, we don't do single founders. We don't do since we invest in technology, we don't invest in companies where technology is outsourced and there is no co-founder on the technology side. We don't do pre-revenue. We don't do brick and mortar. We don…”
Shivani: YourNest responded to all 17,000 pitch emails over seven years
“I would have seen about 17,000 opportunities in the last seven years. I would have responded to every one of them. I means my team, your nest would have responded to every one of them. That's the process we built.”
Shivani: YourNest requires unanimous consensus among all five partners to invest
“So in our case, the entrepreneur has to meet actually all five of us and it is a unanimous decision to invest or not invest. It is not a democracy that we run, right? So if we agree to invest, then all of us have to agree to invest.”
Shivani: YourNest takes at least 12 weeks from initial outreach to fund disbursement
“From the day you write to us to a term sheet is anywhere between six to eight weeks, if not more. And from a term sheet to a dispersal is another 10 to 12 weeks, depending on what is your readiness on the, you know, from our due diligence perspective. So it's,…”
Shivani: YourNest deal flow surged from 50 to nearly 1,000 quarterly opportunities
“When we started, we used to get about 50 opportunities every quarter to look at. Today we get close to a thousand, you know.”
Shivani: India's angel investor base exploded from 150 to nearly 4,000
“When we started, there were probably 120, 150 angel investors. At last count in India today, there were about 4000 angel investors.”
Shivani: India has around 40 pre-Series A tech venture funds
“We were, as I said, the third or the fourth fund in the country doing this. Today there are about, 40 of us who are actually doing pre-series A tech and tech investments.”
Shivani: Only three of YourNest's 20 portfolio companies are pure consumer plays
“Out of the 20 companies we have across to come, to put two funds we have only three plays which are pure consumer plays.”
Shivani: YourNest condensed 174 diligence variables down to 10
“When we were starting to build out YourNest, we realized that there were about 174 variables that one had to look at to basically get to a go, no-go situation from an investment perspective. We then very quickly realized that 174 is not happening, so we kind o…”
Shivani: YourNest Pitched 1,000 Prospects for 140 Fund 1 LPs
“When we started in 2012 I must have knocked a thousand doors to get the 140 investors that I got.”
Shivani: YourNest Passed on Power2SME's $2M Round
“Power to SME came to us through Inventus when Narayanan was raising, I think, a two million dollar round. But it was pre-revenue, you know, and you know, even though he was a second-time entrepreneur we were not sure how that model would scale up. And he was r…”
Shivani: Four of YourNest's Last Five Investments Included Hardware
“Four out of last five investments, we did have a hardware element. The two we are doing now also has a hardware element.”
Shivani: India now has around 10 to 12 unicorn startups
“When we started, there were no unicorns. Today we have, you know, at last count about 10 or 12 of them in the country.”
One line per show, most statements first. The link opens Girish's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 NEON SHOWLEDGER | Co-founder and Partner, Yournest Venture Fund | 1 | 21 | 50% 3/6 | full record on the Neon Show → |