Kleiner Perkins and Penn’s Endowment on India, loss ratios, and the rise of secondaries | E1919
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 22 March 2024
⏱️ 71 minutes
🧾️ Download transcript
Summary
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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!
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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
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Check out: https://www.kleinerperkins.com/
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LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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(40:04) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to this week's liquidity podcast. This week we have quite an all-star cast with us. With me today I have |
| 0:05.8 | Mamoon Hamid, managing general partner at Kleiner Perkins, Thomas Scriven, managing director at the University of Pennsylvania Endowment, and of course, none other |
| 0:14.8 | than Jason Callicanus from the Launch Fund and co-founder of the New Liquidity Conference, which is coming |
| 0:20.1 | June 2nd to June 4th, liquidity pod. |
| 0:22.8 | I'm your moderator David Weispritt, |
| 0:25.7 | co-founder of 10X Capital. |
| 0:27.7 | Today we have three topics on the docket. |
| 0:30.1 | Middle East and sovereigns are setting their eyes on India. |
| 0:34.0 | Carter has released their data on the 2018 startup class and there are some surprises there. |
| 0:39.4 | And the rise of secondarys as a large asset class? Is it just something in this market or is it here to |
| 0:46.3 | stay? And we'll end with everybody's favorite segment, which is the last three investments |
| 0:50.9 | from each of our guests. Let's dive right in. |
| 0:54.0 | Tech Crunch is reporting that Abu Dhabi Sovereign Wealth Fund Adia is in talks to lead a new investment in |
| 1:00.3 | India-based Pocket FM. This comes on the heel of Pocket FM's $100 million funding from LightSpeed. |
| 1:07.3 | This comes as many investors are writing fewer but larger ticket-sized checks into Indian companies. |
| 1:14.2 | Mamoon you're born in Pakistan and are very familiar with the South Asia ecosystem. |
| 1:19.2 | Are you bullish on India today? |
| 1:22.0 | I am. I love India as sort of the next frontier of investment and it really |
| 1:29.2 | frankly has been for the last 15 years or so you know you've got 1.4 billion people you've got a burgeoning middle class of I think close to 500 million. |
| 1:38.4 | English is a spoken language that kids learn in primary school it's quite the phenomenon and I think I'm |
| 1:45.8 | really bullish on India going forward. What do you think has been the source of a |
| 1:49.1 | couple false starts? There's so much potential in India. What have been the false starts? |
... |
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