In our second episode of SeedToScale Specials, Anand interviews investors from Accel’s US, UK, and India offices - Sameer Gandhi, Harry Nelis, and Mahendran Balachandran. They discuss Accel’s path to becoming a truly global fund, with each investor’s perspective on the landscape in their respective geographies.
The conversation then moves to 2023, dubbed “the year of reset” in venture capital, with insights from their experience of previous economic cycles and how it represents an opportunity for founders to build foundational businesses. The investors then touch on how India operates on a different economic cycle relative to Europe and the US; and the characteristics they look for in founders.
Finally, they offer insight into disruption versus evolution in the tech ecosystem and the progression of AI and its implications for capital investments.
We’re looking for the next generation of successful Indian marketplaces. If you’re an early-stage marketplace founder, apply now here or learn more about the #DecodingMarketplaces Startup Hunt.
We’d love to hear about your experiences with marketplaces. Let us share our learnings and build a better and stronger ecosystem. Write to us at seedtoscale@accel.com to be a part of the Accel family.
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We’re building Passionfroot 1, an operating system for creators to manage their business.
We’re based in Europe and raised our $ 3.4m pre-seed round from Creandum and US angels such as Vlad (Webflow) and creators like Ali Abdaal.As we’re creating a new category and as the creator economy is global and mostly online, we’re building from Day 1 a global company and product that helps creators monetize around the world.
This brings a lot of complexities especially in terms of payments and taxes as our early users are based both in Europe and the US and deal with cross-border transactions.What are Do’s and Dont’s for European startups who have a global ambition and build products for a global customer base from Day 1. Anything you would do differently?
Thanks @pjbouten! Love how you’ve thought about incrementally shaping a category with a focus on product and service, and only then thinking about getting the message out there vs the other way around.
And totally agree on the distinctions and overlaps both self-serve and enterprise motions share.
Thanks, PJ, for taking the time to address questions from the great vantage of shaping Showpad into a global, enterprise SaaS brand!