“Like, you know, at the time, the YC demo days were one 10th the size that they are today, and the quality was higher.”
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 Sheel Mohnot
Opinion
Mohnot: Prior banking experience is often a negative signal for fintech founders
“And in fact, it's probably generally seen as a negative signal if they have worked at a bank. Not always, but many times.”
Sheel MohnotAug 3, 2020▶ 28:34Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
PredictionNot checkable as stated
Mohnot: 2010–2012 VC fund returns will be tough to replicate
“You think about those vintage years from a fund perspective, that's 2010, 11, 12. Those are the best years of venture and it'll be tough to replicate going forward.”
Sheel MohnotAug 3, 2020▶ 24:02Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
PredictionNot checkable as stated
Mohnot: Marketplaces and vertical SaaS businesses will become fintech companies
“What we mean is many companies in the future will be FinTech companies and specifically, especially companies that are marketplaces or vertical SaaS businesses. If you have distribution and you have a data advantage, you can layer in other stuff like lending, …”
Sheel MohnotAug 3, 2020▶ 15:09Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
AssertionPartly supported
Mohnot: Majority of Shark Tank deals never actually close
“What they depict is not the reality of venture capital. And the majority of the companies that get funded on the show don't actually get funded, all sorts of issues.”
Sheel MohnotAug 3, 2020▶ 5:09Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
Insight
Mohnot: Relentless execution fails without a sufficiently large market
“You can be relentless in a small market and
It still won't do that well.
So I think, you know, ultimately you have to be able to build into a larger market”
Sheel MohnotAug 3, 2020▶ 9:12Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
Opinion
Mohnot: India’s government pioneered global digital infrastructure with UPI and Aadhaar
“Yeah, it's really cool, you know, what the government has done in India and UPI, Aadhaar these are all really smart things that the Indian government has pioneered for the rest of the world, and it'll be interesting to see where else these things happen. Hones…”
Sheel MohnotAug 3, 2020▶ 18:52Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC
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