Sameer Brij Verma, Managing Partner at Nexus Venture Partners, reflects on his investing mistakes and explains why corporate executives often struggle as startup founders.
“The other thing is that I think I'm also made mistakes where I've invested into people who are kind of Corporate executives. And you know, just thought that corporate executives could build startups. I think those are the things. It goes back to the same rigidity and you know, agility kind of a point because they were just stuck in doing things in a particular way, or they were mimicking building out companies or startups in a way in which they were doing like their own functions or divisions in large companies. They never oriented with a company with very fast on the feet kind of people, but You know, more of the same large, big company thinking. Those unfortunately haven't worked out very well for me.”
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More from Sameer Brij Verma
Opinion
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“I think there are a lot of crappy companies out there, if you ask me. They just, they all position themselves as decacons and there are no moats in their business other than capital is the competitive advantage. The day that goes away, they're not building a g…”
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“If you take out, I think the unicorns in the country, if you take out the external funding today, I don't know how many people, how many of them will stand up on their feet. They can't. That to me is a big, big, big, big red flag.”
Verma: VC-subsidized customer growth in B2B will not convert to profits
“Otherwise there will be flare ups and blow ups because these companies can't raise money because they don't have an economic model. So there's a lot of subsidization of the customer, which is happening right now by burning through a lot of money. And that's no…”
Verma: Postman has 25% developer market share and 8M+ users
“You know, they have a 25% market share in the globally across the developer base, right? Eight plus million developers use their platform. 400,000 companies use their platform. Enterprises use their platform.”
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