The One Percent Project- Entrepreneurship, Leadership & Resilience Episode 33: Amit Garg- Investing in the future of Artificial Intelligence
Oct 16, 2021
37:41
My next guest on The One Percent Project is Amit Garg. Amit is the Managing Partner and Co-Founder of Tau Ventures, an AI-focused seed fund. He kicked off his career at Google and then went to work with Norwest Venture Partners and Samsung NEXT- Samsung's investment arm. He has also co-founded HealthIQ, which is valued at USD 450M. He did his bachelor's and masters from Stanford and MBA from Harvard Business School.
Join our No-Spam WhatsApp group
Join our No-Spam WhatsApp group
In this conversation, he talks about:
- How his professional and personal journey helped him as a venture capitalist?
- Why did he set up an AI-focused seed fund?
- What is his venture evaluation and investment framework?
- When should a founder consider raising from a VC?
- How should seed-stage founders build their teams?
- Why is bottom-up market sizing more insightful?
- His thinking behind investing in nuTonomy and Misfit.
Key Take-Aways:
- Venture capital money is "Rocket Fuel". If you take rocket fuel too early, you will burn in the atmosphere before reaching the moon and the stars.
- It is not about 'WHAT' you do but about 'HOW' you do it.
- Team, Technology and Traction are the three most significant aspects a venture capitalist should look for while investing.