Think 100X, Think Business
100X.VC is the first cheque seed fund investing in diversified India domiciled startups. On the 10th of March, we hosted a by-invitation, inaugural annual investor meetup 100X Investor Summit. It is was an in-person event that saw 200+ curated investors join the summit.
At the summit, with the speakers, leaders there was a deep dive into booming tech, trends & sectors that helps discover potential outliers. The summit provided an interactive forum for investors, family offices and VCs to seamlessly engage with 100X portfolio companies on the sidelines of the summit. What was so unique about 100X Investor Summit is the fact that content was specially curated for early-stage investors be it angel investors, micro VCs, corporate venture capital or family offices.
9 am the opening session a workshop by Yagnesh Sanghrajka on Portfolio Construction, Valuation and Investing through iSAFE for new angel investors to learn the art of venture investing. It was followed by a Huddle with Anoop Mathur on Angel Investing.
Risk is 1X; Upside is Unlimited - Anoop Mathur
The investor welcome, registrations and networking started at 10 am before the conference. 100X Investor Summit an in-person investor meetup was a rousing success after a challenging few years being holed up in zoom meetings.
It helped 100X portfolio startups to rub shoulders, pitch their startups with Seed to Series B investors in-person and exchange notes
The MoonShot Game
Welcome note was delivered by Ninad Karpe to a full house of investors. There is never a perfect time for a moonshot. So, be willing to take calculated risks — like launching at what looks like the wrong time to most. Doing anything big and bold in the world is hard. It takes passion, grit, luck and sometimes a decade or more of hard work to see a moonshot materialize, much less succeed
We had reached maximum capacity in the hall and outside in the networking area. The overwhelming consensus among the investors and founders we spoke to was that it was great to be back, and importantly, back in person.
Success leaves clues
The overwhelming support from the investor community helped us at 100X.VC continue to accelerate our mission of
100X funded startup got unparalleled access to the investor community, resources and education that entrepreneurs need in business need to thrive.
India - The Unicorn Nation Dhanpal Jhaveri Opening Keynote
Dhanpal Jhaveri is Vice Chairman at Everstone Group, a premier investment group focused on India and South East Asia with assets in excess of US$6 billion across private equity, real estate, green infrastructure and venture capital. India is home to nearly 50K startups, making it the third-largest startup ecosystem in the world. The country is also becoming a global unicorn hub by minting unicorns like never before. The number of unicorns India is producing has been increasing over the years, hence a fertile land of unicorns. India the young nation is an economic miracle within such diversity in language, religion and culture.
Seed To IPO Story, Brendan Rogers
Success stories are not miracle stories. An IPO is an outlier hit outcome for start-up founders and investors. An inspiring story of the co-founder of Wag Inc with fundraising of $361.5 Million Raised from SoftBank Vision Fund, Battery Ventures, Acme Capital, General Catalyst. Now an entrepreneur turned VC focused on Indian startups. 2AM VC has invested in over a dozen 100X.VC startups. 100X mission is to remove the barriers to access to credible deals and make it accessible to a wider pool of investor groups.
Duologue: Founder's Journey
Zero To One by Dhruvil Sanghavi with Vikas Choudhury
Dhruvil, now the youngest tech business head in Forbes India 30 under 30 and Entrepreneur 35 under 35, started his journey post-Carnegie Mellon University and effectively led LogiNext, the fastest-growing field workforce optimization SaaS enterprise, to glory.
1. It is better to risk boldness than triviality.
2. A bad plan is better than no plan.
3. Competitive markets destroy profits.
4. Sales matters just as much as the product.
Mastering the VC Game: Decoding the Power Law
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Most attempts at discovery fail, but a few succeed at such a scale that they more than makeup for everything else. That extreme ratio of success and failure is the power-law that drives venture capital & the tech sector. Or simply put, a small % of firms capture a large % of industry returns. This means that a small % of VC funds take home a large % of venture returns. At the end of the day, entrepreneurs build companies, not VCs.
Are You Future Ready Investor? Technology and Business Trends
These are just a few of the technologies grabbing headlines at the start of 2022. In today’s world, it is important to keep up with the latest trends. One way you can certainly do that is with the latest innovative trends in technology.
Technology Trends Covered: AI-driven startups, Web3, Metaverse, D2C Brands On Business Models: Product Led Growth, Subscription Models, Community-Led Growth.
There were a lot of angels and family offices in the audience. They're not full-time and have limited focus, unlike VCs. They all got great advice on being tech investing ready.
Family Office: Venture Capital as an Asset Class
Family Offices have been more active participants in venture investing over the past decade, many times leading investments in early-stage venture rounds. As holders of “patient capital,” family offices’ time horizons make them good VC investors. The primary impetus is strong historical venture capital returns. Investors that may have previously confined themselves to public markets are now clomping all over the venture capital landscape. More family offices are opting to invest in startups directly, rather than backing them through VC funds. As more family office investors build their expertise and track records, they can also build a powerful network effect, eroding traditional VCs’ main advantage “access” to deal flow.
Future Proof Business: Corporate Venture Capital
Corporate VCs provide startups with in-depth industry knowledge and access to potential customers, while institutional VCs are experts in building companies and driving financial results. Corporate VCs tend to have strategic objectives. In the short-term, they invest in partners that drive closer alignment and tighter relationships to the company. Corporate venture investments are a vehicle for the company to go into riskier and more disruptive R&D. Since most invest off the balance sheet, it gives the company more scale in R&D than just its P&L — they while providing companies with access to market and talent not otherwise available.
Angels and Sharks: Big Ideas in the Age of Small Investments
The last panel discussion for the day was to discuss Angel Investing.
Get started with angel investing now. It takes years to learn and longer to see returns. It takes a long time to learn, but investing is one of the few professions where you can improve until the day you die. You will have to pass on great teams because the valuation is too high. You will have to pass on future iconic technology companies because the price is too high. Some markets are obviously bad and should be avoided. But judgment about markets is less important than you think, because there is so much luck and randomness involved.
Closing Keynote: Decoding The Maverick Effect - A book on the untold story of India's IT Revolution by Harish Mehta with Ranu Vohra
Mr. Harish Mehta was the driving force behind galvanising the IT industry in India by co-founding NASSCOM, the IT industry association of India. A keen tech and entrepreneurship evangelist, he has always endeavoured to enable scientific and entrepreneurial spirit in Indian youth through various initiatives. NASSCOM started from his office and was formally established in 1988. He is a founder member, the first elected Chairman and now the Convenor of Chairman’s Council of NASSCOM. He was honoured by the PM Mr. Narendra Modi, for 25 years of exemplary contribution to Indian IT.
Team 100X
Thank You
100X Investor Summit Picture Story
Husband | Father | Entrepreneur | Investor
2ySanjay Mehta thanks for creating a platform for investors of all shapes and sizes to come together physically under one roof. Many intriguing, inspiring and innovative ideas and thoughts in just one day.
Helping Fortune 1000 Decision Makers Bridge The Gap With Leads And Teams—Combining AI Precision And A Human Touch To Locate Business-Driven Leaders And High-Value Opportunities, Driving Team Success Ahead of Competition.
2yThank you for sharing Sanjay Mehta
Founder- PCS Ventures, PROBLEM SOLVER I Fund Raising I M&A I Consulting I Board Advisory I Technology
2yGreat going...
Empowering Indians & NRI Investors to Fund Next 100 Unicorns of India w/o Any Risk & Realise their #BillionDollarDream in the shortest possible time|| Founder - Bringle & DesignYourUnicorn||Rotarian|| DCE/DTU Alumni
2yThis was actually a great event from the #investors perspective and lot of important aspects were uncovered and would definitely use them and even the training provided by Sanjay Mehta for our Dubai Investor's meet on Multi Trillion Dollar Opportunity : Metaverse
'50 Most Innovative CIOs' IND | 'Digital Edge 50' CIO, USA | 2x Founder | AI Builder | Angel Investor
2yKudos Sanjay and team 100X.VC !