Sheel Mohnot
Co-Founder & General Partner, Better Tomorrow Ventures. On 5 shows, 28 appearances. The Shows tab opens the full record on each.
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Sheel Mohnot is a co-founder and General Partner at Better Tomorrow Ventures, an early-stage fintech fund. He previously led 500 Fintech and has been an active angel investor and podcast panelist.
5shows
28appearances
130statements
23resolved
15supported
3contradicted
65%fully supported
62said about them ↓ Everything Sheel Mohnot said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Mohnot: Mega-funds writing small seed checks make a strategic mistake
“If you're a multi-billion dollar fund, and you write a two million dollar check into, to a company, and you invested in the wrong company in the category, Like, you don't get a chance to write a two hundred fifty million dollar check into the right company. So…”
Mohnot: VCs who opposed Saudi money are now hypocritically seeking it
“We haven't, but I think it is very hypocritical that all these folks who were anti-Saudi money are now over there just praising everything.”
Mohnot: Large VC funds prioritize management fees over investment returns
“And I think a lot of the large funds have gotten so large that they're really more management fee focused than they are returns focused.”
Mohnot: Multi-stage funds lose winners by writing small competitor checks
“My portfolio company that is working is raising a series A or series B. They don't want to talk to that investor because that investor invested a million dollars in their competitor. That competitor is almost dead anyway, but they're like, fuck them. I'm not g…”
Mohnot: Active founders leading venture deals through side funds is crazy
“I think there are founders who have funds on the side who like lead deals. And that is crazy to me.”
Mohnot: Prior banking experience is often a negative signal for fintech founders
“And in fact, it's probably generally seen as a negative signal if they have worked at a bank. Not always, but many times.”
50-year mortgages are a terrible idea for building home equity
“Trump wants to address the affordability crisis, which is a real problem. And said, what we should do is extend mortgages to 50 years. So you have 50 years to pay it off instead of 30 years. I think it's a terrible idea because basically what happens is you gi…”
Founders are pitching Trump administration connections as a core competitive advantage
“In the past, I'd never seen anybody pitch, like, a core part of their pitch as being, I'm close to administration. I've heard so many pitches about that now, which is kind of sad, honestly, but it is what it is.”
Mohnot: Trump tariffs aim for reshoring, not reciprocal trade
“I think that's bullshit because, like, you have Lutnik saying, like, we need millions of Americans screwing in tiny iPhones or whatever. And you, and they also say that the tariffs are going to replace income taxes. So if those things are true, then it's not a…”
Mohnot: US regulations prevent AI from revolutionizing credit underwriting
“So anyway, I think it can be used and can be super useful, but because of those regulatory bound like guidelines, I'm not sure it's going to like be a step change in underwriting.”
Mohnot: SkyHi isn't Amazon Prime because high usage hurts margins
“Amazon Prime is geared to you buying more Amazon products. Like, Amazon Prime, they sell you a yearly subscription with the hopes, and Amazon Prime customers buy a lot more shit on Amazon. Here, if you fly more, that sucks for you.”
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.”
Mohnot: Large seed rounds create complacent startup teams
“Raising big rounds makes people like makes people cushy. You end up attracting people with salaries that, like, actually they could have gone into a big company and actually they belong at a big company.”
Mohnot: Founders should limit secondary sales to 1x ARR at Series B
“My rule that I like to live by is at the series B and beyond, you can take as much secondary as you have in ARR.”
Mohnot: Founder secondary sales exceeding 1x ARR correlate with negative returns
“But I think if you look at, if you did an index of companies where founders took You know, a lot more than that, what I described, like, one X ARR off the table. You have a very negative returning fund.”
Mohnot: A severe startup valuation drop is coming due to market overhang
“I think there's this overhang of valuations and we haven't yet seen the drop that is going to come and it's going to be so severe.”
Mohnot: Tiger Global will raise much smaller funds moving forward
“And I think, so I think they're doing a really good job now, and I think I think it's gonna be a much smaller fund, and like you said, it's gonna be a ton of their own GP money, but I'm excited about them. I think they're good actors.”
Mohnot: SoftBank made incredibly poor decisions pouring capital into unready companies
“SoftBank, I think, is just really tough. Like, they made just a ton of incredibly poor decisions, poured a ton of money into bad companies, and they really sort of, like, We talked about five on 25. For them, it's more like 500 on 2.5 for a company that was no…”
BTV's Top Fund I Deals Grew From Single-Digit Valuations to Over $300M
“Number one we led a deal at 12 and a half million. It's now worth 1.2 billion. Number two, our first check was at, it was either eight or ten million and it's now six hundred million. Number three, first investment was at two million. It's now six hundred mill…”
Tier-One VC Funds Are Now Accepting 8% Ownership Stakes in Series A
“So I think it's happening and that never used to happen. You wouldn't have like a tier one fund taking Eight percent ownership in a Series A. But that's happening.”
Mohnot: Chime Is Significantly Overvalued at a $25 Billion Valuation
“While chime at twenty-five billion is probably very significantly overvalued.”
Mohnot: Investing in Seed Startups at $50M Valuations Rarely Yields Returns
“So you can't invest at a seed company at a fifty million dollar valuation and expect to make money. Like that's, if you're doing that, it's just going to be really tough.”
Mohnot: 2010–2012 VC fund returns will be tough to replicate
“You think about those vintage years from a fund perspective, that's 2010, 11, 12. Those are the best years of venture and it'll be tough to replicate going forward.”
The other half of the tape: Sheel Mohnot's own voice is left out of every number here. Other people bring the name up 60 times in 19 episodes across the shows. 2 statements on the record name them. every mention, with the transcript →
Who brings them up most Shaan Puri 26John Coogan 18Sam Parr 4Immad Akhund 1
Statements about Sheel Mohnot, by other people (2)
Food startup Thistle generates over $100M in annual revenue
“A food delivery business that's, like, doing over a hundred million dollars a year.”
Every mention by year
tap a year for its mentions
My First Million 30
TBPN 29
20VC 1
2026 17 mentions in 5 episodes 3 per episode
- Stripe’s $53B PayPal Offer, OpenAI’s First Device, TBPN’s New Business Ideas | Diet TBPN
- Bending Spoons Buys Airtable, OpenAI Hits Back at Apple, Spider-Man Ads in BMWs | Diet TBPN
- The $1B One-Person Company, China’s Pork Crisis, America’s New Weapon | Diet TBPN
- The Truth Behind the “Solo Founder Billion Dollar Company”
- SpaceX-xAI merger reactions, Paypal plummets, Disney names next CEO | Diet TBPN
- every mention in 2026, scene by scene →
2025 33 mentions in 7 episodes 5 per episode
- 5 Conversations that broke our frames this week
- ELON MUSK's Grok New Vulgar Anime Mode
- How to Build an $11B Empire Selling Funko Pops | Whatnot CEO Grant Lafontaine Joins TBPN
- Google Makes MAJOR Cancer Research Breakthrough | Diet TBPN
- 3 Wild Stories to Get You Hyped This Week
- 20VC Exclusive: Mercury Founder Launches First $26M Fund with Immad Akhund · 20VC with Harry Stebbings
- DeepSeek Update, Market Crash, Timeline in Turmoil, Is VC Cooked, Zero Cope Policy
- every mention in 2025, scene by scene →
2024 9 mentions in 6 episodes 2 per episode
- The #1 Most Underrated Quality in an Entrepreneur
- CHRISTIANITY: Why it's making a comeback (ep23)
- Election Betting Gone WRONG (ep15)
- Fact-Checking The Information (ep10)
- Low T levels at Y-Combinator (ep9)
- Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom
- every mention in 2024, scene by scene →
2022 1 mention in 1 episode
One line per show, most statements first. The link opens Sheel's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Co-Founder & General Partner, Better Tomorrow Ventures | 2 | 71 | 64% 7/11 | full record on 20VC → |
 THE PITCHLEDGER | Co-Founder & General Partner, Better Tomorrow Ventures | 22 | 23 | 50% 1/2 | full record on the Pitch → |
| MY FIRST MILLIONLEDGER | Co-Founder & General Partner, Better Tomorrow Ventures | 2 | 18 | 80% 4/5 | full record on My First Million → |
| TBPNLEDGER | Co-Founder & General Partner, Better Tomorrow Ventures | 1 | 10 | 100% 3/3 | full record on TBPN → |
 NEON SHOWLEDGER | Co-Founder & General Partner, Better Tomorrow Ventures | 1 | 8 | 0% 0/2 | full record on the Neon Show → |