Shivani: A leadership coach holds the only veto power on YourNest's IC
Girish Shivani · 100xEntrepreneur | Episode 6 | Girish Shivani, Co-founder and Partner at Yournest Venture Fund · Aug 15, 2019 · at 13:27
Girish Shivani, co-founder of YourNest Venture Fund, explains how heavily the firm weighs founder dynamics in its investment decisions.
0:00 / 0:18exact quote · 18.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Sanjay who's you know, who I told you was an executive coach and leadership development guy is the only guy who sits on the IC who has a veto power. So we will actually walk away from opportunities which Sanjay says are not, you know, people are not with banking, and it's a veto literally, so there's no questions asked.”
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 Girish Shivani
Shivani: Founders should view VC delays as genuine interest, not stringing along
“The fact that I am not saying no to you can, should be actually seen positively. Because, I can easily say no, you know. So, so therefore if I'm saying that, you know, we are interested, you know, get to a stage where we can, you know, relook at the opportunit…”
Shivani: Second-time founders are always better because they learned from past mistakes
“Second time is always better because they have either become very successful, or they have learnt at somebody else's cost.”
Shivani: Proprietary venture deal flow is largely a myth in India
“Our feeling is that proprietary deal flow is not a very large chunk in this country, which means everybody gets to see everything.”
Shivani: India's domestic B2B market is too shallow to build $20M+ businesses
“India from the B to B side is not such a deep market. It's very shallow, and therefore, if they have to build a 20, 30, forty million dollar opportunity, they will have no choice but to go out and explore beyond the Indian shores.”