S8 Bonus: Somak Chattopadhyay, Armory Square Ventures

Code Story: Insights from Startup Tech Leaders

Noah Labhart - Startup Founder & CTO

Tech News, News, Business, Technology, Entrepreneurship, Careers

4.6 • 216 Ratings

🗓️ 25 October 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Somak Chattopadhyay lives 30 minutes outside of Syracuse, NY, where he enjoys the great outdoors vibe of the area. He studied engineering at MIT, but spent the bulk of his career in investing. He has been in venture capital for nearly 18 years, spending time at Edison and Tribeca. Outside of tech, he is married and passionate about food and music. He's actually a classically trained violinist, and enjoys cooking or consuming Tandoor cuisine. In 2013, a group of professors and business people noticed that early stage companies in Syracuse were required to move to NYC - primarily because there was lack of capital and access to talent. A year later, Somak and his team stepped out to solve this problem in New York regions... and beyond. This is the creation story of Armory Square Ventures. Our Sponsors: * Check out Kinsta: https://kinsta.com * Check out Red Hat: https://www.redhat.com * Check out Vanta: https://vanta.com/CODESTORY Support this podcast at — https://redcircle.com/code-story/donations Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	When you're raising capital, which is a critical function, whether you're an entrepreneur or a venture investor, you need to go into this meeting, not feeling too worried about, you said, oh, thank you so much for having that meeting with me. I'm so grateful you made the time. You're so considerate to taking that meeting with me. you have to remember that you're pitching a business
0:21.1	to someone who you want as a business partner, and they are lucky to be meeting with you,
0:27.2	to potentially have a stake in what you're building, to have a seat at the cabtel with you,
0:31.2	for what, if it's successful, could generate unbelievable returns. My name is Somac Chattapagai.
0:37.5	I'm the founder and managing partner
0:39.3	of Armory's Corps Ventures.
0:44.3	This is Code Story.
0:47.0	A podcast bringing you interviews
0:48.7	with tech visionaries.
0:50.0	It's six months moonlighting.
0:51.4	There's nothing of the backcats.
0:53.4	Who share what it takes to change in industry.
0:56.0	I don't exactly know what to do next.
0:57.3	It took many goes to get right.
0:59.6	Who built the teams that have their back.
1:02.5	The company is its people.
1:03.8	The teams help each other achieve.
1:05.1	I was proud of our team.
1:06.7	Keeping scalability top of mind.
1:09.3	All that infrastructure is a pain.
1:10.5	Yes, we've been fighting it as a group. Total top of mind. All that infrastructure was a pain. Yes, we've been fighting it as we've grown.
1:12.2	Total waste of time.
	...

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