Sheel is the GP at Better Tomorrow Ventures.
Better Tomorrow Ventures is one of the top seed-stage fintech investors.
They have backed companies like Unit, Chippercash, Flexport, Mercury, Ramp to name a few.
Timeline:
00:00 Top moments.
00:48 Intro to pod with Sheel Mohnot
02:55 What led Sheel to angel investing and the founding story of Better Tomorrow Ventures?
06:15 How did Sheel determine the portfolio construction of his fund, including fund size and check sizes?
07:22 How was he able to source LPs, build relationships with them and close LPs?
11:58 How does Sheel decide when to start investing if he is unsure about reaching the target raise?
13:19 How does Sheel keep LPs updated and engaged during the fundraising process?
14:13 What were the lessons learned from fundraising for the first fund and their impact on subsequent fundraising?
16:13 What advice would Sheel give to an emerging fund manager when fundraising from LPs for their first fund?
19:56 Did Sheel iterate and make changes his your pitch deck based on the feedback he received over time?
22:10 What is his relationship with India, particularly in terms of investments?
26:49 What fascinates him about the Indian tech ecosystem, especially in the FinTech sector?
28:50 Do learning from the Indian tech ecosystem help you evaluate companies based outside of India?
30:36 If not at BTV and if money and attention are not needed any more who would Sheel aspire to be?
34:50 If he could invite three people dead or alive for dinner, who would they be and why?
35:35 Which Indian individual would he love to meet and socialize with over dinner or drinks?
