The startup market will see a wave of healthy, non-distressed consolidations
Sanjay Nath · Blume Ventures: Sanjay Nath on Post Covid-19 Scenario for Startups & Building Future of Work · Apr 19, 2020 · at 28:14
Sanjay Nath, Managing Partner at Blume Ventures, shares his forecast for venture ecosystem restructuring in April 2020 during the COVID-19 pandemic.
0:00 / 0:13exact quote · 13.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“One of the things that will happen is I see also a wave of Consolidations and mergers, M&A, right? More the M side than the A side. Consolidation doesn't necessarily mean distress. I mean, good companies banding together, right?”
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 Sanjay Nath
Nath: The era of the generalist venture capital investor is over
“You know, that the era of the generalist VC is over.”
Cost and team morale are the only variables founders control in downturns
“It is the only internal variable, which we believe in also. It's the only internal variable that you can control is your cost, your cash, right? You can't control how, how much your gamer is going to spend, you know, for your game, Or the enterprise sales, the…”
Autonomous systems will drive enterprise growth as mandatory in-office work declines
“I think people are not necessarily going to feel that you have to be at work Monday to Friday or Monday to Saturday, but the future of work is here. So, so autonomous systems will drive, you know, a lot of the growth and I think, you know, enterprises start pi…”
Tailwind-driven startups must capture share while headwind startups ruthlessly cut costs
“I think what I would suggest to founders is that if you're in a lift sector, which is positively structurally favorable, then you want to dominate, you know, win market share keep customers with you. If you're on the other hand in a tougher sector, then you wa…”
The supply of gig workers will definitively increase post-COVID
“I think you know, on the supply side, which is the supply or the number of gig workers, I think will definitely go up.”
VCs will scrutinize capital needs instead of forcing minimum check sizes
“I think now VCs will ask the question very, hey, listen, what do you really need this money for, right? Okay, here's five million because we can't, earlier it was like, okay, you know, we can't deploy less than three million because that's our minimum check si…”