Ramp Ventures operates portfolio companies directly without individual CEOs
Sujan Patel · Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures · Mar 14, 2022 · at 1:50
Sujan Patel describes Ramp Ventures' hands-on operating structure and division of responsibilities with his partner to Andrew Gazdecki.
0:00 / 0:11exact quote · 11.9s
720p mp4 · rendered on demand · StarZero watermark
“A little bit how we're different than some other firms out there is that we don't have a CEO for each company. We actually, my partner and I are kind of a co-CEO or like CEO COO.”
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 Sujan Patel
Patel: Ramp Ventures will always choose buying over building for speed
“We'll always buy versus build because it gives us speed”
Patel: A SaaS business is not at scale under $10M revenue
“Your company's not a scale unless you're at ten million dollars in revenue. I hate to break it to everybody here. That's the case. It's a fact.”
Patel: Venture capital harms founders who miss top-three market status
“I think the VC game is great. If you think you can win an industry, it's great if you're top three, it's bad for everyone else who doesn't become top three contender in that space, right? So just because the valuations and the and the Illiquidity about the dea…”
Patel: Ramp Ventures targets $1M–$5M ARR B2B SaaS, excluding e-commerce
“Ideally, in a perfect world, we're looking at one to two, one to five million dollar AR companies that are in B to B SaaS. Everything else, we'll kind of look at the details unless they sell to e-commerce. So no Shopify and no WordPress for the most part.”