Angel Investing



Portfolio

Here are my startup investments as of August 2019:

It’s early days, but so far the outcomes seem to follow a classic power law distribution. Out of 16 investments over 6 years, I have 1 at >10x, 1 at 5-10x, 5 at 2-5x, 6 at 1x, and 3 at 0x. My IRR on angel investments is over 30% (including the failures), though it’s hard to tell how much of that is skill and how much is luck.



GrowX

In addition to investing directly in startups, I am an LP in and advisor to GrowX Ventures, who I believe to be India’s best seed-stage venture capital firm. Through GrowX, I’m an investor in:



For Founders

If you’re a startup founder looking for investment, I’d be happy to chat – with the caveat that I say no to the vast majority of deals I see, and even when I do say yes, I invest fairly small amounts.

I prefer B2B to consumer. I’m most familiar with business models that involve data, APIs and network effects, though I’m open to others. I especially like startups solving tedious problems in unglamorous sectors. If any of this sounds like you, please email me!