meta_pixel
Tapesearch Logo
Log in
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: What Makes A Great marketplace Founder, The Key Metrics Marketplace Success Is Centred On & 3 Ways To Prove To Investors You Are A Domain Expert with Karthik Sridharan, Founder & CEO @ Kinnek

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 7 October 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

Karthik Sridharan is the Founder & CEO @ Kinnek, the platform which empowers small business owners to take control of their purchasing operations. Kinnek have been crushing it lately and have raised funding from some of today’s leading investors including Matrix, Thrive, Version One, Naval Ravikant and many more incredible names. As for Karthik, prior to Kinnek he was the lead architect of research systems at the hedge fund, AQR and before that spent time at the likes of JP Morgan and Merril Lynch.

 

In Today’s Episode You Will Learn:

1.) How Karthik made the transition from hedge funds to founding Kinnek?

2.) How does Karthik view market networks as opposed to marketplaces? What are the differences and where would he position Kinnek?

3.) Is GMV the sole metric that marketplace founders should focus on? How does GMV affect Karthik's few on take rate, transaction size and frequency? What other metrics should marketplace founders be measuring themselves against?

4.) How does Karthik view the competitive landscape with the likes of Alibaba in the space? Is expansion into Asia part of upcoming plans for Kinnek? How will Karthik approach that?

5.) Kinnek has raised funding from the likes of Thrive, Matrix and Version One. How did Karthik find the fundraising process? What did he do well and what would he improve on for the C round?

Items Mentioned In Today’s Show:

Karthik’s Fave Book: The Code Book by Simon Singh

Karthik’s Fave Blog: On Startups, Tom Tunguz

As always you can follow Harry, The Twenty Minute VC on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

Angelloop is the leading post funding management platform for private market investors and their portfolio companies. They help investors manage and track their portfolio companies on the cloud while providing them with access to their investments performance data. Angelloop helps founders of startups track their performance, manage their cap table and keep their investors in the loop. Investors get free access while their portfolio companies pay only $49/Month. Use or share the promo-code 20MinVC to get your portfolio companies online with a two month trial.

This episode was supported by Wunder Capital, the leading online investment platform that allows individuals to invest in large scale solar projects across the U.S. Wunder’s solar investment funds allow you to earn up to 11% annually, while diversifying your portfolio, curbing pollution and combating global climate change. Do well by doing good and sign up for a free account here and join the thousands of people that are already achieving their investment targets.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to this very special Founders Friday of the 20 Minute VC as part of Matrix Partners Feature Week with your host Harry Stebbings at H. Debbings on Snapchat.

0:08.3

And you might remember Josh Hanna in the show on Monday discussed Matrix's investment in Kineck.

0:12.9

And I'm delighted to be joined today by Carthix Shridharan, founder and CEO at Kinek, which empowers small business owners to take control of their purchasing operations.

0:22.4

As Josh mentioned in the show, they've been shooting the lights out and have raised funding

0:25.9

from some of today's leading investors, including Matrix, Thrive, Version 1, Naval Ravacant,

0:32.5

and many more incredible names. As for Karthik, prior to Kinek, he was the lead architect

0:37.2

of research systems at the hedge fund, AQR, prior to Connect, he was the lead architect of research systems

0:38.4

at the hedge fund AQR, and before that spent time with the likes of J.P. Morgan and Merrill Lynch.

0:43.5

But before we meet Carthic, the 20-minute VC is supported by Wonder Capital, an award-winning

0:48.7

online investment platform that allows individuals to invest in solar energy projects across the US

0:53.9

and earn up to 8.5% annually,

0:56.8

while diversifying their portfolio, curbing pollution and combating global climate change.

1:02.1

All you have to do is create an account for free at wondercaptial.com forward slash 20 minute VC.

1:07.3

That's wonder with a you and 20 minute VC in letters.

1:10.7

Wonder Capital do well by doing

1:12.5

good. And similar to Carthic in creating transparency in the purchasing process for SMBs with Kinek,

1:18.2

the key to a successful relationship between founders and VCs is transparency in clear and frequent

1:23.7

communication. And that's where Angel Loop come in. They are the experts in facilitating

1:28.3

communication and data sharing between companies and investors. On the Angel Loop platform,

1:32.9

founders can track their performance metrics and send out really clear and cohesive updates to

1:37.4

their investors on the state of their business. And investors help their founders with introductions,

1:42.5

follow-on funding, and much more all through the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.