Investor says he has to separate his rolls from the coach of the company. He is also a fiduciary for investors, customers and mentors that are stakeholders. 'No one investmenta is likely to make a difference when you get past two or three hundred' Says most companies with problems won't be worth investing in anyway....
0:20 Jason intros Alchemist's Ravi Belani
3:41 Why is Alchemist named after Paulo Coelho book? What is the biggest benefit of Accelerators?
5:47 Ravi's background at DFJ, sourcing the Justin.tv investment
15:02 Why Ravi left DFJ to start Alchemist
21:52 How many companies have gone through Alchemist and what is their standard deal?
28:21 Why accelerators take more risk than VC firms
35:07 The best entrepreneurs love the process
38:35 How are Alchemist's programs structured? Did they have trouble transitioning to remote?
44:38 Have virtual meetings been resulting in checks from investors? Dealing with investing in competitive companies
49:59 What is Alchemist's diligence process like?
55:01 What does venture capital funding look like in the medium-term