Better Capital

“We recently figured out number of Indian founders who are building global companies and moving to the U S visa is a very systemic risk, right?”

“So we are a very market first investor. And that's not to say that I think we are not team first investor. I think the teams have to all clear a certain bar. Before, ah, you know, they qualify, ah, for something that would be interesting for us. But we are ver…”

“So, you know, the way I mean the way I look at open is that it's almost like Intuit with a bank under it, correct? And that could be a large, large, large company, right? Considering we don't have an Intuit and we have a banking system that is great, but could…”

“So I think the best founders, ah, would find portfolio founders to make introductions, because that essentially gets the quickest attention and it's highly inefficient, I understand, but I think that that works the best in general.”

“What I have personally seen is that if I go into a new year of investing saying that these are the teams that I want to invest in and find companies who are doing that it is a little restrictive, right? So I don't try to form those themes, right?”

“The best distribution strategy is no distribution strategy, which is, you know, let your users tell you what they love, and then build that product for that love.”

“In fact, that's the way I first talked to Tejas at Shopkerana, right? I think Tejas is one of the most prolific content writers in the founder community, and he writes with a lot of passion, which, you know, you will pay attention to. And that's how I got intr…”

“We invest about between 50 lakhs to two crores as our first check depending on the size of the round and stage of the company. My guess is an average is about a crore plus or minus.”

“So there's in total five, there is Better Capital. There is Boldcap, there's Grayscale, there's Shilov in 1947, and then Utsav with IC. So that's the five emergent managers I backed.”

“Upsparks was like, not much like a hundred K if I am not wrong. Better was another two 50 or so. The total round was three 50 K and then couple of angels of 400 or something like that. This is at like a three million post money sort of around, right?”