Lightspeed Ventures

also referred to as: lightspeed

4 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Oct 7, 2023 by Nikhil Kamath · across every show →

Everything said about Lightspeed Ventures, oldest first

Oct 7, 2023 positive
Assertion Not checkable as stated
Kamath: Raj Shamani raised from Lightspeed at 3x valuation in under 48 hours
“He went to another venture capital fund light speed. And he raised more money at three times the valuation. And the duration between beginning and end of that conversation was less than 48 hours.”
Nikhil Kamath Oct 7, 2023 ▶ 20:42 Ep #11 | WTF Goes into Building a Fashion, Beauty, or Home Brand? Nikhil w/ Kishore, Raj, and Ananth · Nikhil Kamath
Mar 6, 2024 positive
Assertion Not checkable as stated
Ritesh Agarwal: Lightspeed invests in only 3 to 5 companies annually
“They call themselves as a high conviction investor. So they say that we invest very little, like they would invest in a year, like four, five companies or three, four companies, but in the ones they believe in, they'll move very, very quickly.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:05:30 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024 neutral
Assertion Supported
Agarwal: Lightspeed invested ₹3.5 crore in OYO at an ₹8 crore valuation
“Lightspeed invested, I think, 3.5 crores at a eight crore valuation back then.”
Ritesh Agarwal Mar 6, 2024 ▶ 3:39:52 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
Mar 6, 2024
Assertion Not checkable as stated
Agarwal personally handled customer support calls after raising VC funding
“So we had a call center, like most companies, and I used to be the call center person who would pick up calls. That's one call. I make the booking and I still love it because you speak to customers directly. Such an amazing job, right? So even after they inves…”
Ritesh Agarwal Mar 6, 2024 ▶ 3:38:21 WTF Ep# 16 | What character "flaws" make the best entrepreneurs? Nikhil ft.Ritesh, Ghazal and Manish · Nikhil Kamath
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