Karthik Reddy

Co-founder and Managing Partner, Blume Ventures · 1 appearance on the record.

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investorfounderexecutive@BKartRed ↗LinkedIn ↗blume.vc ↗

In 2011, he co-founded Blume Ventures, an early-stage venture capital firm backing technology startups from Seed to Series A. He has overseen investments in prominent companies including Unacademy, GreyOrange, Servify, Smallcase, Exotel, and Ultrahuman.

10statements → 0claims → 0claims resolved → 3.7/5average certainty → 2.7/5average debate potential →

2 opinions · 8 insights · every statement was checked. none of them is a claim the record can settle: opinions, insights and disclosures never carry an assessment.

The record, in short

What the tape says about how Karthik argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Karthik Reddy on measured tape to publish a rate. This says nothing about how they speak.

What they said10 Episodes1

Everything Karthik Reddy said on WTF is with Nikhil Kamath that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion

Karthik Reddy: Indian tech IPOs became overpriced direct listings without justification

“So you actually skewed the entire idea of an IPO into the equivalent of what the Americans call a direct listing, but after pumping the price up significantly, with no basis of justifying that kind of valuation.”

Karthik Reddy Sep 2, 2023 ▶ 2:11:33 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: International LPs demand 25% target returns for Indian VC

“So, international investors won't touch early stage India VC if they don't Can't imagine a world where you can deliver 25% compounded, right? You might fail miserably at it, but if that's not their hope, they won't touch you. So it's a tall ask.”

Karthik Reddy Sep 2, 2023 ▶ 8:55 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: Five companies drive 85% to 90% of fund returns

“Somebody taught me a rule of thumb that basically irrespective of size of portfolio in a cycle, so it's important to measure this in cycles, it's disproportionate in their case because you'll have these free kits like Flipkart and Freshworks. But in a cycle, i…”

Karthik Reddy Sep 2, 2023 ▶ 27:02 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Opinion

Karthik Reddy admits Indian private equity outperforms VC on cash returns

“Cash returns. They're ahead of us.”

Karthik Reddy Sep 2, 2023 ▶ 58:11 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: Startup vision requires a single dominant founder CEO

“We used to think teams are important. Of course, they're important. But I think I'm back to over indexing on one alpha female, alpha male equivalent, because I don't think you can distribute that vision and mission.”

Karthik Reddy Sep 2, 2023 ▶ 1:47:16 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: Overconfident founders are preferable to survive extreme startup hurdles

“Yeah, if I had to pick one, I'd pick the overconfident. ... So there has to be a will to say that I can conquer any mountain, right, in some sense. That it doesn't, without that, there's no chance. The first small peak, you'll give up.”

Karthik Reddy Sep 2, 2023 ▶ 2:02:55 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: Institutional money allocation indexes trust over returns

“Money is more about, I would actually index trust more than returns.”

Karthik Reddy Sep 2, 2023 ▶ 33:11 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: 95% of angel investors generate mediocre returns

“95% will be mediocre returns. Five percent will do well, of which I think five percent are legendary.”

Karthik Reddy Sep 2, 2023 ▶ 41:42 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: VCs earn zero carry until returning all capital and fees

“Here you are not entitled to anything until you've returned. Not just the capital that you invested in totality, but also the fees you consume during that 10 year period, you return that too.”

Karthik Reddy Sep 2, 2023 ▶ 51:07 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Insight

Karthik Reddy: Truly outsized startup journeys take 10-plus years

“Super normal journeys, the ones that those five companies that deliver the magic, those are 10 plus your journeys. And full ridden with potholes and shocks and emotional setbacks. The only thing that keeps you going is the mission. So if you have started with …”

Karthik Reddy Sep 2, 2023 ▶ 1:46:36 Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath

Appearances (1)

Episode	Date	Speaking time
Ep #9 \| WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. ·	Sep 2, 2023	32m

Karthik Reddy

The record, in short

How they sound: not measured why? →

Appearances (1)

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