Sturgeon Capital
6 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement May 25, 2023 by Kiyan Zandiyeh · said 12 times in 1 episodes since 2023 · across every show →
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brought up most by Kiyan Zandiyeh (8), Ted Seides (4)
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Everything said about Sturgeon Capital, oldest first
May 25, 2023 positive
Zandiyeh: Frontier market startups must reach profitability faster than Western peers
“The dynamic that I think is different also in these markets relative to, let's say, the US or Europe is generally because these countries have not had a deep pool of funding available to them. The entrepreneurs from the get-go understand that basically they ha…”
May 25, 2023 positive
Zandiyeh: ZoodPay founder previously built an $800M business and sold one for $100M
“And one of our large investments is that, I mean, it's a company called Zootpay. The founder started his first business when he was in his twenties. He sold it for about a hundred million. Second business built an eight hundred million dollar business. And thi…”
May 25, 2023
Zandiyeh: Sturgeon Capital avoids pre-revenue businesses, targeting $500k to $10M revenue
“So we never invest in pre-revenue stage businesses. Typically, there are companies that are, at the time of investments, their revenues on the lower end are around half a million dollars, and at the upper end, around ten million dollars.”
May 25, 2023 bullish
Zandiyeh: Sturgeon-incubated Uzbek SME lender turned profitable in six months
“And so we incubated that company in a way where we found the investor. We found the management team. We own around 25% of it. I'm on the board of it myself and almost got started from scratch. And that's doing tremendously well. And it's only in a six month op…”
May 25, 2023 bullish
Zandiyeh: Sturgeon's Iranian tech startups reached $110M in profitable revenue
“For a period of years, we built those businesses up. They do around a hundred and ten million dollars in revenue. They're profitable businesses. They're the leader in their own sector and have a very long runway to grow ahead of them.”
May 25, 2023 bullish
Zandiyeh: ZoodPay reaches 2M MAUs and 50,000 merchants across Central Asia
“Zootpay, the company in question, that business model, but operating in four or five different countries. Where on the initial side, we purely started with e-commerce, build the infrastructure to enable e-commerce to happen in these countries, and build up a d…”