MagicalBoba
MagicalBoba

Which VC firm?

A friend of mine is being courted by both Lightspeed and accel. He likes them both but wanted to get some founder takes on this.. at Accel it's a jr partner, at Lightspeed it's one of the well known partner.

24mo ago
App Promo
WigglyBanana
WigglyBanana

Can you connect me with this friend, they seem to be in a really good situation in life 😂

Afaik both are patient early stage investors and the call can probably go basis the terms and how well the partner vibes w their vision

MagicalBoba
MagicalBoba
Apple24mo

Lol yeah he's a bootstrapper so far so being too cautious

TwirlyBurrito
TwirlyBurrito

Depends on the segment to be honest. Accel India is known for marketplaces- Swiggy, Myntra, Zetwerk etc. Although Accel was one of the first players to invest in facebook it was the Indian entity.

Lightspeed is more a consumer VC- sharechat, Snapchat, Epic Games, Udaan.

So would align yourself to the past track record than the brand of VC.

I work at VC so speaking from my experience

TwirlyBurrito
TwirlyBurrito

*Typo. Accel Facebook it was the US entity

MagicalBoba
MagicalBoba
Apple24mo

Also, them vs sequoia? They've been in the news for all the wrong reasons lately..

SqueakyWalrus
SqueakyWalrus

Probably Accel > Sequoia > Lightspeed

FuzzySushi
FuzzySushi
Porter24mo

They are both good firms. You should check which partner amongst them is your choice.

The devil is in the details of the TS. Get your own lawyer and check who is giving you a better board structure, options pool etc.

SqueakyWalrus
SqueakyWalrus

Accel over Lightspeed any day

Discover more
Curated from across
Indian Startups
by MagicalBobaProduct Owner

Which VC in India

Do you find high quality, with strong operator experience? I'm a bits21 grad looking to start up and wanted to get a lay of the land. Either funds or VC partner names!

Indian Startups
by DancingPandaAnalyst

AMA - I work at a VC fund

willl try my best to be honest, ask me anything

Top comments
user

How do someone get in?

user

Which sectors are you the most bullish on right now?

user

What do you spend most of you time doing - DD, scouting, events, helping out portcos? Can you provide pay benchmark...

Indian Startups
by GroovyBananaStudent

Is lightspeed ventures a good choice for pre-revenue startups

Currently at mid-mvp stage fintech startup looking for pre-seed funding to resume their progress. Does this qualify the requirements to achieve a pre-seed funding ? I bootstrapped the startup myself at the beginning and we have not yet r...

Top comment
user

The subject and body aren’t even in the same solar system