Heard from a little bird that General Catalyst's deal of acquiring VH has fallen through? Can someone confirm?
Also what do you think of VH in general? I feel expensive bets with low single digit stakes. Personally, the folks especially Associates are way way too cocky and only believe in Faff
Not sure, haven’t heard
On VH in general though, definitely very low key and don’t hear about them much in general. Founder friends of mine haven’t had the best interactions.
confused about this deal in the first place. Why would GC acquire their team? Why not set up own team? I know it takes time, but you can’t rush in like that. Are there parallels?
Well temasek kind of invested in Capital 2B. But yeah the leadership is weak.
Hmm interesting
Temasek has had its own set of challenges
Except Aviral they can't be viral.
Agree, VHs stake ain't that return worthy except few.
Let's see what Samir sood decides
So what now? Will GC set up a team in India? Also curious, this model of Global VCs acquiring domestic VCs, Has this been ever successful in India apart from the one instance of Accel acquiring Erasmic 15 years ago
no still ongoing some hurdles
Did speak to VH a few days back. The folks we spoke to were pretty nice and provided clear feedback.
But of course, VH as a fund doesn’t rank high.
In a landmark deal, Silicon Valley powerhouse General Catalyst has acquired Venture Highway, a seed-stage investment firm with a track record of backing winners like Meesho and Mobile Premier League.
The Deal:
As a business graduate, it's often humbling to see the tech salaries based on my YOE (4-7 bracket) with the people at the top end earning 50-60+ lpa. (Fixed)
Assuming i want to optimise for Money - What can I do as a business graduate t...
This is super interesting. They had a small footprint in India so far, but the move indicates another big gun coming into India in a serious way. After many VC exits and shutdowns, this one is a breath of fresh air.
By any chance d...
Apparently naming people is against guidelines so I'll stick to saying avoid the company. Highly unprofessional behaviour towards entrepreneurs.
Opening a VC fund has become kind of a cool side hustle
With all these influencers trying to dabble with Early Stage Venture Capital- there's Shikhar Dhawan with his own sports fund. Tanmay bhatt announced one on his linkedin a few mont...