This Week in Startups

Kleiner Perkins and Penn’s Endowment on India, loss ratios, and the rise of secondaries | E1919

Mar 22, 2024

Mamoon Hamid, Managing General Partner at Kleiner Perkins, and Thomas Scriven, Managing Director at Penn’s Endowment, join Jason Calacanis, startup expert. They dive into India's booming startup ecosystem and the rising interest from sovereign wealth funds. The trio discusses the alarming mortality rates of startups and the importance of navigating investment strategies effectively. They also touch on the evolving IPO landscape and the significance of secondary markets, showcasing the intricate dynamics of venture capital in today's market.

01:10:44

Creator website

Episode guests

Jason Calacanis

Thomas Scriven

Mamoon Hamid

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Highlights

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

India's market potential driven by its population and infrastructure

Investors emphasize strategic high-ownership early-stage investments and follow-on strategies

Challenges in M&A and IPO markets call for recalibration and secondary investments for liquidity

Deep dives

The Potential of India as an Investment Frontier

India's vast population, expanding middle class, English-speaking workforce, and improving infrastructure make it an attractive investment destination, according to Mamoon Hamid. With a significant portion of the world's population residing in India and a growing urban population, there is immense market potential. The country's entrepreneurial spirit, diverse markets, and success stories like Flipkart demonstrate unique opportunities for both local and global startups.

India as a Prime Investment Destination

02:41

Capital Dynamics and Opportunities in Venture Ecosystem

03:13

Intro

2min

India's Evolving Infrastructure and Entrepreneurship

12min

Navigating the Influence of Sovereign Wealth Funds on Investment Strategies

3min

Navigating Venture Capital: Established Firms and Emerging Managers

4min

Navigating Startup Mortality and Investment Strategies

15min

Navigating the Evolving IPO and VC Landscape

28min

Innovative AI Startups Transforming Specialized Professions

4min

Navigating Early-Stage Investments in Health and Life Sciences

2min

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Todays show:

David Weisburd hosts Mamoon Hamid, Thomas Scriven, and Jason Calacanis to discuss India’s startup ecosystem (2:36), Carta’s 2018 startup class data (25:45), IPOs in the tech industry (41:18), and much more!

Timestamps:

(0:00) David Weisburd intros Mamoon Hamid, Thomas Scriven, and Jason Calacanis

(2:36) India’s startup ecosystem

(8:16) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(9:08) Traction and support for Indian startups

(17:29) Sovereign wealth funds and their place in the ecosystem today

(24:15) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

(25:45) Deep dive into Carta’s 2018 startup class data, loss ratios, and investment strategies

(40:04) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now.

(41:18) The future of M&A and IPOs in the tech industry

(49:51) The rise of the secondary market

(1:07:09) Rapid-fire segment on recent investments