Urvashi Barooah, Principal at Redpoint Ventures - From Wharton to Venture Investing
Sep 7, 2023
auto_awesome
Urvashi Barooah, Principal at Redpoint Ventures, shares her journey from Wharton to venture investing. She discusses her transition from consulting to venture capital, her investment philosophy, and advice for aspiring VCs. They explore the potential of vertical SaaS in various industries and the challenges of staying grounded in VC. They also discuss the qualities of an empathetic investor and supporting the fintech community.
Having a clear idea of what you want to do during business school and immersing yourself in the founder community are important steps for MBA students aspiring to enter the world of venture investment.
Urvashi Barooah focuses on early-stage fintech investments and is particularly interested in vertical SaaS companies that target underserved industries and utilize AI and generative technology to create new efficiencies.
Deep dives
Irvishi's Life Journey and Entrepreneurial Background
Irvishi Berua, principal at Redpoint Ventures, shares her multicultural background and upbringing in India surrounded by entrepreneurship. She draws inspiration from her parents' experiences as entrepreneurs, witnessing the challenges they faced in running their businesses. She relates these experiences to the tenacity and determination she sees in founders she works with in venture capital.
Transitioning to Venture Capital
After studying at Wharton, Irvishi pursued her interest in venture capital. She advises MBA students wanting to break into venture capital to have a clear idea of what they want to do during business school. She recommends immersing oneself in the founder community and becoming familiar with startups. Irvishi also highlights the importance of demonstrating an appreciation for startups and staying informed about the tech industry to stand out to potential venture capital firms.
Investment Philosophy and Focus
As an early-stage investor at Redpoint Ventures, Irvishi emphasizes the significance of the team and their unique perspective on the problem they are solving. She looks for evidence of a large potential market and a compelling reason why the product or service is timely. She is particularly interested in vertical SaaS companies that target underserved industries, such as logistics and freight. Irvishi sees opportunities in industries where legacy solutions are prevalent and where AI and generative technology can create new efficiencies.
The Inclusion of Women in Venture Capital
Irvishi acknowledges that the venture capital industry has traditionally been male-dominated but reflects positively on her experience at Redpoint Ventures, where the team is 50% women. She believes there is a growing desire within the industry to create space for women and highlights the increasing demand for female representation on boards and in leadership roles. Irvishi encourages aspiring female investors to be confident, seek opportunities within the founder community, and paint a clear picture of how they can contribute.
Zoey Tang hosts Urvashi Barooah, a fellow Wharton alum and Principal at Redpoint Ventures. At Redpoint, Urvashi specializes in early-stage fintech investments, and her portfolio includes ventures such as Dune Analytics, Offchain Labs, XMTP, Flexe, among others.
In our conversation, we delved into various aspects of Urvashi's journey. We discussed pivotal moments in her life, including her transition from consulting to venture capital while at Wharton. Urvashi also shared valuable advice for those aspiring to enter the world of venture investment and entrepreneurship. We gained insights into her investment philosophy and her current areas of passion. Wrapping up our discussion, we turned our gaze toward the future, where Urvashi shared her thoughts on her favorite investors and the kind of investor she hopes to become.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode