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Shruti Gandhi

๐Ÿ‘ค Speaker
192 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

Again, we help these companies think through what that large market looks like and where the customers sit within those large markets.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

We say your first business development hire, and then we also use this term of your second wave of customers, which is your first few friends might be your initial customers, but then how do you go find that fourth, fifth, tenth customer?

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

That's how we help these companies.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

Fund One, we don't really share our numbers because they're through multiple mediums, but generally in the stage in size of 15 to 20 million.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

And then Fund Two will be, for some reasons I can't share because we're still fundraising, but it's going to be larger than that.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

You know, we actually didn't start out as a core fund.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

So we were... The idea was I was actually going to go start another company.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

But I was...

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

through my current founders at that time who had exits to companies like Apple, McGraw-Hill, and so forth, they basically said that, hey, we love working with you, and you went too bad for us.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

We think there's a need for an investor like you in the market who is really on the side of the founders and also helping them think through as their third, fourth co-founder.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

So we think that there's a need for that in the enterprise market.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

And so I didn't really... I knew I wanted to start a fund, but I didn't know that was right at the moment.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

So I thought I was going to go... Why did you want to do that, by the way?

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

You know, starting a fund actually...

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

for someone like me, is investing in other people like me.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

There's a lot of pattern matching people talk about in venture.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

And that pattern usually is in people like themselves, right?

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

So when I was starting the company out, people who didn't look like me, I was not comfortable approaching them.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

I was not comfortable going and asking for advice.

SaaS Interviews with CEOs, Startups, Founders
1256 How Array.VC Raised First $15m, Why They Like Art19 Investment

And it felt more intimidating to go talk to someone who is not like me, frankly.