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In this short clip we made in-house, we talk about what we're looking for in founders and what sets a pitch apart. Each partner takes turns in discussing what really matters, from thoroughness to bold and beautiful ideas.
More questions? See if we've answered them here.
Prashant Mehta and Sid Talwar, partners at Lightbox, talk about the highs, the lows and the stress of being an entrepreneur. It's a tough journey and it's good to know you have a partner.
Questions on the pitch process? You're in the right place
What started off as a simple goal to make the world a better place has turned into a race to make it happen within a certain time. Once you are sure about that, take a deep breath and get ready to jump on the treadmill, because it will definitely be an exciting run.
When we first met to discuss starting a fund, one of the things that we all had in common was that we were entrepreneurs. We had launched our own companies, gotten rejected by investor after investor, produced good and bad products and experienced failure after failure. We were start up warriors and had the battle scars to prove it.
The best thing a startup can do for its brand is to invest in creating experiences that make people whip their phones out to tweet or instagram immediately. Your brand isn’t what you say about yourself, it’s what people say about you.
Hitendra and I discovered this opportunity through an iterative set of conversations that took place prior to funding the business. It was this deep engagement and exchange of ideas, even before there was an economic incentive that allowed for a strong relationship with an open exchange of ideas to develop.
Those that make it through are not unscathed – they have battle wounds. The challenges of the first year take their toll… emotionally, organizationally, culturally. While the first year has likely felt like a sprint, it is important to remember that this is a marathon and it is impossible to continue to run a marathon at a sprint pace.
AI in Indian education technology is probably the most advanced in the world. It is challenging traditional western models as well as integrating effectively with public and private systems in India.
Four years and $100 million. Presented with those numbers, most venture capital firms would likely have spread their bets and racked up a bare minimum of a dozen investments. Not Lightbox. The VC firm has backed just six startups across its second fund raised in 2014 and a $54-million expansion vehicle set up two years later. Simply put, Lightbox does things its own way by banking on a light portfolio of consumer technology companies to build winners.
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