Rashmi Gopinath talks about her illustrious investing career of 12 exits of IPOs, M&A
About Rashmi Gopinath: Rashmi Gopinath, currently she is General Partner at B Capital VC fund.
Her exits on investment through other funds
• MongoDB - Leading Big Data / NoSQL Platform (NASDAQ:MDB)
• ForeScout - Automated Network Access Control Solution (NASDAQ: FSCT)
• Maginatics - Enterprise grade cloud storage platform (Acquired by EMC)
• Basis Science - Wearable health technology platform (Acquired by Intel)
• Apperian - Enterprise Mobile Application Management (Acquired by Arxan)
• Arrayent - Internet of Things software platform (Acquired by Prodea)
• BlueData - Big Data as a Service container-based infrastructure platform (Acquired by HPE)
Investments/Board member: (Microsoft Fund no.2 employee)
. Frame (Acquired by Nutanix) - Cloud native Desktop as a Service
. CloudLanes (Acquired by Druva) - Cloud native secondary storage & data management platform
. SnapRoute (Acquired by Infoblox) - Open source data center network operating system
. CloudSimple (Acquired by Google) - PaaS infrastructure to migrate VMware workloads to the cloud
. Paxata (Acquired by Datarobot) - Enterprise Information Management and Data Preparation
Here are the She-VC Questions:
VC is a very hard industry to prepare for. There is no MBA or coursework that prepares you for early stage or late stage investing. You have a very non-traditional journey to a Partner role. Tell me about what interested you to be a VC/Investor and how your past experiences helped you to be an investor.
Please share some of your learnings from the investments you made.
It is said that venture capital is all about identifying patterns in time. Yet some of the bigger ideas are unpredictable and sometimes those investment decisions can be non-consensus among Partners. To invest in such unpredictable big ideas one has to learn and see things differently, analyze markets that others are finding it non-sexy to invest.
Can you elaborate about the new market opportunities and failures in deep tech investment in global growth fund like B Capital? How do you think Coronavirus affects global diversified portfolio startups?
Venture Capital is one industry that has not been disrupted.. As we are seeing more people bringing movement into this industry how do you see biases and prejudices that played in the past come in effect for people like you who are catalyst for change. Considering B Capital has 48% female representation and you are the forefront of many top investments through M&A, IPO journey, tell me your viewpoint that helped you to be successful.
Let's talk about the perception of credibility that an operator turned investor bring to the table. You have gone through this journey, what do you consider are your learning and takeaways? How does it help in startup board/founder advising?
I think venture capital is not a job but it is a lifestyle. So how do you prepare yourself for such a lifestyle? What learning habits do you have or acquired ? How do you analyze various thinking models? What are the LP resources that you read and follow?