DerpyQuokka
DerpyQuokka

Global VC Fund Investor here. AMA

17mo ago
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WobblyJellybean
WobblyJellybean

Why is the funding market so down? I have great credibility and have founder’s of my past 2 YC companies I worked for vouch for me, still no funding not even an interview. I even have a team now.

Have a product, can’t launch because of licensing issues for now???

Anyways check my website-
https://getpocket.money

DerpyQuokka
DerpyQuokka

Unfortunately, the VC market lacks original thinkers barring a few great folks. Else it's all herd mentality.

Since there's a slow down in the market right now, most investors are naturally sitting out..

WobblyJellybean
WobblyJellybean

I am going to raise from my mentor and friends mostly out of angels.

Good luck to VCs, hope they keep losing money.

SnoozyWalrus
SnoozyWalrus
  1. Do you think these days founders arent building ground breaking companies and only working on a fictitious TAM ?

  2. And is there any good program like YC Startup school in india ? For aspiring entrepreneurs to know how to build their venture.

  3. Can full time employees learn from an accelarator and secretly work on their startups ?? I mean, not losing job and trying to validate the need and paying capacity of market. After getting certain traction, leaving full time job. In that sense

DerpyQuokka
DerpyQuokka
  1. No. The best founders are grinding hard. We'll surprise ourselves with great startups coming out of India from this vintage.

  2. Don't think so. Also unsure how much value these schools truly add.

  3. Many such examples already exist. As a result, many good startups come from already successful startups like Flipkart. Similar stuff happening right now at many other unicorns.

WigglyBanana
WigglyBanana

Tell us a bit more What stages and what sectors do you look at?

Which role?

DerpyQuokka
DerpyQuokka

Partner. Series B, C, D startups

SillyCoconut
SillyCoconut

How did you get into vc? Mba?

DerpyQuokka
DerpyQuokka

No. Entered the industry w/o an MBA

SillyCoconut
SillyCoconut

What was your previous work ex like ? also the salary of partner is mostly based on carry ?

QuirkyWaffle
QuirkyWaffle
Student17mo

How can a fresher candidate apply to VCs?

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AMA: I work at a large VC Fund focusing on early stage investments

Hey everyone.

Thought I could do an AMA. A bit about me - have 4 years of work experience and graduated from a non engineering college. Was at a startup before (from Series B to Series D) before becoming a VC

Personally look at co...

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This is the biggest problem with VC ecosystem 4 yoe kids taking calls on experienced, hardworking founders. Dude firs...