The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified 341. Competing with a16z & Sequoia at Pre-Seed, the Evolution of Accelerators, and Deciphering Signal From Noise in Web 3 (Neha Khera)
14 snips
Jul 11, 2022 
Neha Khera, General Partner at 2048 Ventures and former partner at 500 Startups Canada, dives into the world of venture capital. She discusses the importance of underdog founders, emphasizing resilience and the rise of female entrepreneurs. Neha contrasts accelerator models with institutional investing, highlighting shifting dynamics in startup funding. She also addresses the challenges in cybersecurity innovation and the psychological impact of technology on users. A valuable insight into navigating the complexities of early-stage investing awaits!
AI Snips
Chapters
Transcript
Episode notes
Underdog Founder Focus
- 2048 Ventures invests in underdog founders who face adversity and show grit and resilience.
- Neha Khera spends authentic, quality time to truly understand founders before investing.
Platform Business Models
- Four business models naturally become platforms: marketplaces, vertical SaaS, APIs, and data.
- Early startups should have a clear initial wedge and a vision for long-term platform expansion.
Accelerator vs Institutional Models
- Accelerator models rely on portfolio theory with many small bets for consistent returns but less ownership.
- Institutional models invest fewer, bigger bets with thesis-driven concentration aiming for outlier returns.