why aren't all 54 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Disclosure
Agarwal: Info Edge evaluates 500 startups annually and invests in five
“500 startups, roughly, we evaluate in a year. That's what the traditional kind of metrics show us, and we end up investing in five or six.”
Assertion Not checkable as stated
Agarwal: ShopKirana grew 7x in six months post-$2M Info Edge check
“For example, with the two million dollars we put in they grew about six to seven X in six months on the base end, which we put that, right, which is phenomenal and similar kind of growth trajectory going forward.”
Assertion Not checkable as stated
Agarwal: Info Edge launched its venture arm due to internal bandwidth constraints
“There was a conversation at the InfoEdge board level that InfoEdge did not have the bandwidth to build all companies or verticals internally, and there were some very exciting entrepreneurs, very passionate people chasing great opportunities out there in the t…”
Disclosure
Agarwal: Info Edge invested ₹12 crore into ShoeKonnect across 18 months
“So Shoe Connect, we've invested 12 crores over a span of 18 months, but that's been sort of, you know, the first check was three crores, then there was another three crores, now there's six crores, and there's more going in, which we haven't announced yet. So …”
Disclosure
Agarwal: Info Edge writes first institutional checks of $500k to $5M
“So first check sizes are fairly flexible and depends on the fund requirement of the company, but the stage, ah, we are a little more particular about the stage that we try to be the first institutional investor in, ah, typically amongst the first who are in. S…”
Disclosure
Agarwal: Info Edge executes five to six new deals annually
“But right now, as of now, we are doing about five to six deals a year, new, new investments a year, but we are very large on follow-ons with existing companies.”