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First Funders

04: 3x tech founder turned seed VC brings a founder mindset to startup investing - Amit Kumar, Accel

Mar 12, 2024
Former tech founder turned seed VC, Amit Kumar from Accel, shares insights on framing VC as a long game, being a 'co-founder as a service,' and the importance of the problem slide in pitch decks. He discusses the transition to VC, angel investing for risk diversification, and his strategy of writing $2M to $4M checks as a lead seed investor. Amit emphasizes the value of networking, authenticity in deal structuring, and supporting exceptional entrepreneurs in sectors like healthcare, fintech, and dev tools.
01:01:48

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Quick takeaways

  • Investing in emerging categories and taking calculated risks can lead to valuable insights and opportunities.
  • Adopting a conviction-based approach to investing can lead to more strategic investments based on individual beliefs rather than consensus.

Deep dives

Investing in Emerging Categories and Taking Risks

Investing in emerging categories and taking calculated risks in new fields can lead to valuable insights and opportunities. One key lesson learned from past investments is the importance of balancing risk and reward ratios, especially in next-gen categories that offer potential for significant growth. Diversifying investments and exploring uncharted territories can bring about valuable insights, even if the outcomes might vary.

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