Gandhi: Most podcasting tools focus on discovery rather than enterprise needs
Shruti Gandhi · 1256 How Array.VC Raised First $15m, Why They Like Art19 Investment · Jan 1, 2019 · at 10:08
Shruti Gandhi, founder and managing partner at Array Ventures, explains her investment thesis for backing podcast infrastructure startup ART19.
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“Most of the podcasting tools out there were more around how do you, around discovery, but not many tools around creation and selling to companies.”
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More from Shruti Gandhi
Gandhi: Venture pattern matching favors founders who mirror the investors
“There's a lot of pattern matching people talk about in venture, and that pattern usually is in people like themselves, right?”
Gandhi: Teams without a sales strategy build features, not businesses
“And when you're starting out your teams, if you don't have that sales strategy, Hire, which a lot of times people don't, you know, you're not building a business. You're building a feature”
Array Ventures prioritizes revenue acceleration to $1M and $10M ARR over specific models
“We believe in just. Revenue acceleration as fast as we can. So the lot of the programming we focus on when we invest in our companies is how to get from zero to one and in ARR and then from one to ten million as fast as we can.”
Gandhi: Array Ventures' Fund I was $15M to $20M
“Fund one we don't really share our numbers because they're through multiple mediums, but generally in the stage in size of 15 to twenty million.”