Growth Investor with GrowthCap‘s RJ Lumba Software Growth Investor: Battery’s Satoshi Harris-Koizumi
Apr 23, 2025
Satoshi Harris-Koizumi, a Partner at Battery Ventures, specializes in later-stage B2B software investments. He discusses Battery's unique S-curve investment model and the intensifying competition in later-stage deals, highlighting their hands-on approach. Satoshi explains the attraction to vertical SaaS markets and shares insights on AI's evolving role in the software landscape. He emphasizes the importance of mentorship within Battery's culture and offers advice for aspiring investors, advocating for persistence and authenticity.
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Invest Along The S-Curve
- Battery invests across the S-curve: early, middle, and late stages of company growth.
- They match investment approach to adoption stage and revenue growth dynamics.
Bring More Than Capital
- Do emphasize operational partnership beyond capital, like hiring and M&A support, to win competitive deals.
- Canvas the landscape for strategic acquisitions and cross-sell opportunities to accelerate growth.
Win By Doing The Extra Work
- Get creative and be willing to do the 'dirty work' that others avoid to win founders' trust.
- Offer tangible, hands-on help that demonstrates commitment beyond standard investor behavior.