Mitesh Shah, co-founder of Inflection Point Ventures (IPV), outlines why early-stage angel investing is an active asset class requiring direct involvement.
“If you cannot spend time in understanding the ecosystem or working with the founder to help him, probably startup investments are not for you. You should actually be investing in public market where you will have access to information every quarter and everything will be transparent. Here the idea is that information will be closely guarded and you have to work with the founder to kind of have access to that information, right?”
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More from Mitesh Shah
Opinion
Shah: Fintech and healthtech never lose investor interest despite market cycles
“FinTech along with health tech probably are the only two sectors which never loses investors fancy.”
Mitesh ShahMar 30, 2021▶ 12:06Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
AssertionNot checkable as stated
Mitesh Shah: BharatPe had no monetization or growth plan at seed stage
“Think of it two and a half years ago when like I said, I'm just reiterating myself that it's that belief in that founder at that point of time where the idea that he came up with you know there was no plan for monetization. There was no plan how the growth wil…”
Mitesh ShahMar 30, 2021▶ 16:52Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
Insight
Shah: CFOs see more merit capturing 20x upside than protecting 1x downside
“CFOs have realized that I think where you try to kind of protect that, you know, one X downside, there is greater merit in actually trying to capture the 20 X upside, right?”
Mitesh ShahMar 30, 2021▶ 2:58Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
AssertionSupported
Mitesh Shah: IPV achieved an 80x return on its BharatPe investment
“As we all know, as we discussed about in the media, it's an ATX return.”
Mitesh ShahMar 30, 2021▶ 14:42Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
Disclosure
Shah: IPV screens ~200 startups monthly for 3,500+ global investors
“Every month, we look at close to 200 startup ideas you know Understand them, meet the founders meet the market sources, try and understand the space in detail, and finally choose a handful of ideas out of this to be presented to our investors three and a half …”
Mitesh ShahMar 30, 2021▶ 6:26Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
AssertionSupported
Mitesh Shah: IPV writes check sizes from $100K to $2M
“We have cut checks from a hundred K up to two million dollars.”
Mitesh ShahMar 30, 2021▶ 22:12Mitesh Shah from being a CFO at Ola & BookMyShow to start Inflection Point Ventures
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