The Neon Show The Gardening approach of Seed Investing ft. Bipin Shah, Partner, Titan Capital
Since early 2020, we've noticed numerous startups becoming Unicorn one after another.
But something a bit unnoticed by the wider audience is the valuations of startups at Seed-stage, which has grown multiples in the last two years.
Bipin Shah, Partner at Titan Capital and this week's guest, says, "Till 2019, a great startup idea with an awesome team would be valued around $2Mn to $3Mn, which has now gone up to $10Mn+."
So far, Titan Capital has made more than 250+ investments in early-stage startups. Bipin shares his experience and the thesis around identifying, mentoring and investing in seed-stage founders.
Notes -
01:18 - Joining Titan Capital
06:10 - Finding Soonicorns and Unicorns
08:27 - How did they manage to make 90+ investments in a year?
12:02 - What support does Titan Capital offer to portfolio companies?
15:58 - Thesis: Focus on bottom 50% of companies
28:10 - Change in valuation at the Seed stage
31:20 - Learnings in the last six years as an investor