Rahul Chandra discusses the evolution of early Indian venture capital funds that emerged during the dot-com era and later transitioned into private equity.
Insight
Why former operators who become VCs must stop thinking like operators
“The role of a VC is the full stop button for even an operator to stop thinking like an operator. And as long as you have the, Empathy to actually think like a founder you can overcome any handicap”
Insight
Rahul Chandra says VCs are as clueless as anyone else
“When you actually talk to A VC I think the point I wanted to bring out was they are probably as clueless as anybody else. You know, it's not like you know, they have a crystal ball. They're trying to decipher and learn with you and also take you know, a leap i…”
Assertion Partly supported
Walden created the first India-focused venture capital fund in 1996
“Walden was the first VC firm, ah, to actually create, ah, set up a India-focused fund along with Japanese investors Niko, a thirty million dollar fund investing one to two million dollars in Indian companies back in 96.”
Insight
Radical transparency is the defining trait of breakout founders
“I think my one word answer to that Siddharth would be transparency. And I think founders who follow an approach of transparency with their employees, with their co-founders, with their investors, I've seen that, that is a reflection of, you know, just honesty …”
Disclosure
The three investment pillars behind Helion's early bet on BigBasket
“So big basket, I think there were three things. One was that the founding team had done two startups before. I think the kind of, ah, challenges in a hard business like grocery, we felt was best handled by a team which had been there, done that, right? So, I m…”
Disclosure
How a $10M Helion bet on a struggling microfinance company reached IPO
“Ten million dollars was a large check from a one forty million dollar fund, And to see it, you know, just disappearing was very painful. Luckily, of course, you know, and again to, you know, kind of give me that learning that, you know, time is very unpredicta…”