Current Portfolio: 2019-2021
Legacy Portfolio: 2015-2017
Between 2015 and 2017 I invested in 9 startups in India:
These companies have gone on to raise further funding from Sequoia, Tiger Global, Falcon Edge, GIC and more. As of June 2021, my legacy portfolio is at a 5.4x multiple and 40% IRR.
🌱 All the above investments were done at what would today (mid 2021) be considered pre-seed stage: very early product with minimal or zero revenue.
🧭 I invest only where I think I have an edge, in either dealflow or evaluation. As a consequence, my portfolio tends to skew non-Bay Area, mostly B2B, and mostly under-represented or atypical founder profiles.
🎯 I invest my own money. This gives me a very different objective function from many (most?) startup investors.