31-03-2023
Framework To Start A Venture Capital ft Sanjay Ramakrishnan & Vishesh Rajaram
Are you looking to start a venture capital fund but not sure where to begin? In this podcast episode, Sanjay Ramakrishnan, Founder, Multiply Ventures, and Vishesh Rajaram, Managing Partner, Speciale Invest share their experiences and framework for starting a successful VC fund.
They discuss the challenges they faced, such as fundraising during the pandemic and establishing a brand and identity, and emphasize the importance of having a clear value system, investing in a small number of companies, and seeking founders with unique knowledge and highly differentiated technology.
Sanjay and Vishesh also touch on the impact of AI on early-stage investing and stress the need to meet the founding team in person to gauge their potential as long-term partners. They highlight the significance of face-to-face interactions for successful venture capital exchanges, and the importance of understanding a founder's vision and having a long-term perspective as crucial skills for venture capitalists.
If you're interested in starting a VC fund or simply want to learn more about the industry, this video is a must-watch.
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Key Takeaways from this episode:
Starting a VC fund requires a clear strategy, a strong value system, and a concentrated investment strategy. Building a team, establishing a brand, and standing out in a crowded field are some of the challenges in starting a VC fund.Raising a VC fund amidst the pandemic was a humbling experience, and investors look for proof of license, track record, and ability.To start a fund, one can build a strategy around it, work on platforms that allow the pooling of money, and build a track record.Young emerging fund managers should focus on a specific sector and split their time between meeting with founders, making investment decisions, and working with portfolio companies.
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