“If I have to invest in a company which was solving for this vacuum thing, I really want to see that are they solving for a temporary or permanent one? And in the permanent one they're solving, are they solving problems of access for historically non-consumers?”
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More from Sajith Pai
Insight
Pai: Almost every great VC investment decision is inbound, not outbound
“I think almost every single great investment decision typically is inbound. It's not outbound.”
Sajith PaiJul 19, 2020▶ 13:41Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
Insight
Pai: Early-stage startups should focus on customer friction over moats
“I think at very early stages you shouldn't worry so much about moats as much as a consumer friction you're solving for. If the consumer friction is compelling, then in the consequence of operating, you will gather enough data, which could become a moat, or you…”
Sajith PaiJul 19, 2020▶ 42:28Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
Insight
Pai: Early-stage investors should prioritize problem size over initial product
“And I would say that the biggest thing that I've unlearned is don't worry about the attack vector. Worry about the size of the problem. Don't worry about how they're solving for it. That can change. Maybe that's not even important at this stage. Don't worry ab…”
Sajith PaiJul 19, 2020▶ 47:50Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
Opinion
Pai: Amazon and Microsoft move slowly and are process-oriented like analog companies
“You worked in a large company, and when I say large company, I'm also saying large tech companies like Amazon, Microsoft. These are as process-oriented as some of the other analog companies. So they move slowly in a very process-oriented fashion, and maybe Goo…”
Sajith PaiJul 19, 2020▶ 57:24Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
Insight
Pai: Breaking into VC mid-career without existing relationships is much harder
“It's very hard for you to kind of get into a VC firm. I mean Without knowing some folks or without having created a brand for yourself especially if you are under, like, you know, late thirties, early forties someone like me who's been incorporated did not hav…”
Sajith PaiJul 19, 2020▶ 4:19Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
Insight
VCs hire juniors for brainpower and mid-career professionals for networks
“I think at that point, come a brand. I mean, your brand is like your pedigree to an extent you know, the signaling that you do through your work experience, et cetera. And the firm's really buying you for your brain power. But as it gets older, as you get into…”
Sajith PaiJul 19, 2020▶ 7:47Sajith Pai, Blume Ventures on building personal brands, being open-minded, and unlearning to succeed
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