Rajan Anandan outlines the fund size and available capital for venture firm Peak XV Partners (formerly Sequoia Capital India & SEA).
Insight
Rajan Anandan: Angels should exit if a startup cannot 5x further
“Around 2012 or 13, I learned this simple thing as an angel, which is every time there's a round, you ask yourself a simple question. Can it five X from here or not? So if it can't, as an angel, the good thing is, You can exit.”
Opinion
Rajan Anandan: Governance failures are a global VC issue, not unique
“FTX, okay, is like 10 times. You look at FTX, you look at, this doesn't happen only in India, right? I mean, I know it's happened to us, and obviously we should collectively do a lot more to make sure that we mature the ecosystem that we used to be. But if you…”
Insight
Rajan Anandan: Angel investing solely for returns is a bad idea
“If your objective is to make returns, being an angel investor, unless you really know what you're doing, and you're deeply networked, and you can add tremendous value, is not a good idea.”
Insight
Rajan Anandan: Indian consumer brands must go offline after 50-100 crore revenue
“Three years ago, you could get to 300 crores offline, online, and then you went offline. Today, that number is more like 50 to a hundred crores for two reasons. One, online has gotten more expensive as the more and more brands have come up online, so cost of a…”
Insight
Rajan Anandan: Founders from humble backgrounds show the greatest drive
“Because I think hunger, you can't teach hunger. You know the drive, the hunger, the, I think people who come from nothing, who have a point to prove, I think they generally tend to be the ones that.”
Prediction Not checkable as stated
Rajan Anandan: ONDC will disrupt the mobility sector first
“I do think over the next, maybe not in the near term, but over the medium term, ONDC will have a significant impact, but it's going to start with mobility.”