Angel Investors Should Affiliate With Funds to Guarantee Diverse Deal Flow
Rohit Bansal · Early Investor of Ola, Urban Company & Mamaearth Shares Startup Success Secrets | Neon Show · Dec 29, 2023 · at 59:48
Rohit Bansal discusses the structural limitations individual angel investors face compared to institutionalized angel platforms like Titan Capital.
0:00 / 0:37exact quote · 37.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I feel if you want to do it systematically, then it is better for an angel investor to become attached with some other Some other outfit or some fund, et cetera, so that they have continuous access to deals or else what can tend to happen is that because, you know, many times people are good in a certain industry, then they become angel investors. I feel for founders to proactively reach out to a certain angel investor can over a period of time, start becoming very restricted to only people from that industry”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Rohit Bansal
Titan Capital Seeks Superlative Products Dominating Small Total Addressable Markets
“We look for a very small TAM But a product which is absolutely superlative, that at least within that small TAM, whatever you've built has the ability to dominate the market.”
Expanding TAM From a Loved Niche Is Easier Than Fixing Weak Products
“We've seen it is a lot easier to replicate that love over a period of time to a larger and larger TAM and keep expanding the TAM of your business while maintaining that sort of absolute love in place versus playing in a very large TAM. With a product that peop…”
Mamaearth Had Only 7 Lakhs in Monthly Sales When Titan Capital Invested
“Obviously what they had created already, it was still a very small business. They were doing like seven lakhs a month. In sales. That's it.”
Mamaearth Sold Only Newborn Mosquito Repellent When Titan Capital First Invested
“Even if it's as small a TAM as toxin-free mosquito repellents for newborn kids, which is exactly what MAMA was when we invested in the company.”
Founders Should Only Start Beauty Brands Today With Extreme Differentiation
“Now would I recommend to anyone to start a beauty and personal care business today? Only if they have an idea, which is extremely differentiated because now it is much harder because the market is a lot more crowded.”
In India, Even the Smallest Niche Markets Contain Millions of Consumers
“Each of these spaces are so large, which creates so many opportunities in small niches. And that's the beauty of India that each small niche is still millions of people. And hence very large businesses can get created in those.”