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Shardul Shah

๐Ÿ‘ค Person
309 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

So I think there are very few things that matter.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

So I think there are very few things that matter.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

So I think there are very few things that matter.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Yeah, I mean, I'm really fortunate to be working with some of the best in our industry. So I'm absolutely impressed. Who is the best from your perspective outside of Index? Outside of Index, it's really case dependent. Gilly, Renan. Fantastic board member. Doug Leone, great board member in a very, very different way. Mike Spicer, tremendous board member. How is Doug good in a different way?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Yeah, I mean, I'm really fortunate to be working with some of the best in our industry. So I'm absolutely impressed. Who is the best from your perspective outside of Index? Outside of Index, it's really case dependent. Gilly, Renan. Fantastic board member. Doug Leone, great board member in a very, very different way. Mike Spicer, tremendous board member. How is Doug good in a different way?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Yeah, I mean, I'm really fortunate to be working with some of the best in our industry. So I'm absolutely impressed. Who is the best from your perspective outside of Index? Outside of Index, it's really case dependent. Gilly, Renan. Fantastic board member. Doug Leone, great board member in a very, very different way. Mike Spicer, tremendous board member. How is Doug good in a different way?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Doug is incredibly intuitive. He can inspire confidence in a decision, which is really, really different. Grady is also like, I respect Grady. I respect Vishria. Where do you find VCs can be damaging in terms of boards? Yeah. Sometimes VCs put their interests ahead of entrepreneurs, which can be disruptive. And their interests are what? Varied, right?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Doug is incredibly intuitive. He can inspire confidence in a decision, which is really, really different. Grady is also like, I respect Grady. I respect Vishria. Where do you find VCs can be damaging in terms of boards? Yeah. Sometimes VCs put their interests ahead of entrepreneurs, which can be disruptive. And their interests are what? Varied, right?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

Doug is incredibly intuitive. He can inspire confidence in a decision, which is really, really different. Grady is also like, I respect Grady. I respect Vishria. Where do you find VCs can be damaging in terms of boards? Yeah. Sometimes VCs put their interests ahead of entrepreneurs, which can be disruptive. And their interests are what? Varied, right?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It could be finding a path to liquidity for themselves. In that path, they may not be clear-eyed on a capital allocation strategy. One of the key things a board should do is help inform the level and direction of capital investment. And if you're seeking near-term liquidity, you might be much more conservative in how much capital is being allocated. That's an example of misalignment. M&A.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It could be finding a path to liquidity for themselves. In that path, they may not be clear-eyed on a capital allocation strategy. One of the key things a board should do is help inform the level and direction of capital investment. And if you're seeking near-term liquidity, you might be much more conservative in how much capital is being allocated. That's an example of misalignment. M&A.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It could be finding a path to liquidity for themselves. In that path, they may not be clear-eyed on a capital allocation strategy. One of the key things a board should do is help inform the level and direction of capital investment. And if you're seeking near-term liquidity, you might be much more conservative in how much capital is being allocated. That's an example of misalignment. M&A.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It might serve you to encourage a company to have a robust M&A strategy to buy capital fallen seed stage companies, which may be completely antithetical to the appropriate strategy for a business, which I have seen. And through a torpedo ad, investors can be disruptive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It might serve you to encourage a company to have a robust M&A strategy to buy capital fallen seed stage companies, which may be completely antithetical to the appropriate strategy for a business, which I have seen. And through a torpedo ad, investors can be disruptive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

It might serve you to encourage a company to have a robust M&A strategy to buy capital fallen seed stage companies, which may be completely antithetical to the appropriate strategy for a business, which I have seen. And through a torpedo ad, investors can be disruptive.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

I probably am more in the Charlie Munger school of like, the goal is to buy and hold and let other people help inform when to sell. And that's true for kind of the winners that make up the power law contributors, which is the business that we're in to find fund returners. For a non-fund returner, I think what are tools that you can use? If you come across an entrepreneur...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

I probably am more in the Charlie Munger school of like, the goal is to buy and hold and let other people help inform when to sell. And that's true for kind of the winners that make up the power law contributors, which is the business that we're in to find fund returners. For a non-fund returner, I think what are tools that you can use? If you come across an entrepreneur...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

I probably am more in the Charlie Munger school of like, the goal is to buy and hold and let other people help inform when to sell. And that's true for kind of the winners that make up the power law contributors, which is the business that we're in to find fund returners. For a non-fund returner, I think what are tools that you can use? If you come across an entrepreneur...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

who you believe is on the spectrum of unethical to incompetent, you should sell immediately.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Index's Shardul Shah on Why Market Size is a Trap | Biggest Lessons on Pricing from Leading Rounds in Wiz & Datadog | Why Benchmarks & Averages in VC are BS | How Index Makes Decisions and Why Growth & Early are the Same Investing Style

who you believe is on the spectrum of unethical to incompetent, you should sell immediately.