LetsVenture

“To make a deeper impact, especially for product startups, one has to be on either side of the table. Either you got to be an entrepreneur or an investor. As a platform, you sort of become the table, right?”

“I think it's about, ah, about 90% success, and when I say 90% success, I'll tell you what we don't define as success, right? The 10%, like, what is the failed transaction in our mind? Failed transaction is one where the money has been committed, But the DB did…”

“We have 7000 investors from 55 countries who have heard about us. So, you know, we have a lot of people who have reached out to us and who were curated and onboarded. So, we also reject about 40% of people who come to become investors in the platform.”

“On our platform today, we have 7000 investors. I will not believe this, but I have not spent a single dollar on marketing. I have not, we never, we don't have a salesperson who is selling angel investing to people.”

“India is not a do it yourself market for that, right? Investors still want to hear a voice. They still want some help when they're making an investment. And I think that somewhere we under emphasize the value of the angel investor, right? Because it is a large…”

“So we have actually had about 64 of our companies out of the, you know, 260 have gone on with their next round. About 26 of them have got acquired, right? Acquired, merged, gone into bigger companies.”

“Today, if you look at Let's Venture, we have about 50% of investors are new investors.”

“I think we both play a complementary role because this is not a winner-take-all, right? This is a market where there will be multiple players.”

“At the end of the day, in a nutshell, the founder is our customer, right? Because in my mind, the investor should not have a preference of which platform he invests through as long as he gets access to the best transactions on the platform in a very regulated,…”

“So that ratio is about two percent.”