Naren Gupta, co-founder of Nexus Venture Partners, shares financial metrics of Nexus portfolio companies Postman and Druva.
Opinion
Gupta: China has failed to build globally competitive enterprise tech companies
“China also has had the problem of not creating any globally competitive tech companies. They, of course, they've created large consumer companies, but in a protected market.”
Disclosure
Nexus convinced Gluster to pause sales for nine months to rebuild product
“You know, we had a company many years ago, Gluster, and we invested in the company and it was clear the product was not really, it was good technology, but not a good product. So we told the founder that we are okay if we stop selling the product for that. And…”
Insight
The worst mistake VCs make is optimizing startups for their next fundraise
“That's probably the worst thing. And, you know, VCs do is try to design the company for the next round of financing. Versus long term, you know, tenure success. Yes, I mean, you're really the next round. But you know, smart people, smart investors figure out w…”
Insight
Gupta: Venture success requires cutting losers instead of funding weak links
“Second thing I would say also is that the key to success in venture funds is to not throw good money after bad. I mean, if things are not working, we just need to call it a day. And it's doesn't, it's not a reflection on the entrepreneur. It's just a reflectio…”
Assertion Contradicted
Gupta: First Indian CEO to take a US tech company public
“I think I was the first Indian CEO to take a company public in the tech space in the US.”
Insight
Gupta: Indian enterprise software must be built to compete globally
“You cannot say I'm building the best video conferencing company for India or in India, because big, big, big, best video conferencing company in India needs to be the best global video conferencing company.”