Hemir Doshi

In our Founder's Q&A, @hemirdoshi, @beepkart shares their mission, how they are working towards it, and the metric they are focusing on. Swipe to know how they're solving customer pain points in this high value and high consideration category. @sarafabhishek @ArpitM7 @banglani

.@beepkart takes a digital-first approach to solve the historic lack of trust & convenience in the used two-wheeler market. This startup digitally sells as-good-as-new, value-for-money two-wheelers. @hemirdoshi @sarafabhishek @sangwan_sujata yourstory.com/2022/03/bengal…

Grateful for your support @Stellaris_VP @ChirataeVC @banglani @tcmsundaram @ArpitM7 @anubhavgo @VarunAlagh #SahilBarua @vivekanandahr @sushmakaushik1 @dilipkhandelwa #AtriumAngels (@abhisheknag) @rajeshsawhney @kunalb11 #RamakantSharma @YABAJI (2/2)

Thrilled to announce a $3 million fund raise to further our vision of building a trusted & loved used 2-wheeler online brand. Full stack basis. @beepkart Hiring across functions (careers@beepkart.com) Read more: bit.ly/3lW47gK (1/2)

@dafrankel @readwiseio save thread

It’s always possible to raise more money to pursue a bigger goal. However, once you’ve taken money, you can’t accept many smaller but still life-changing exits. VC ratchets in one direction, and founders should be exceedingly confident before they add more pressure. /End

Founder 1: Runs startup for five years. Sells for ~$100M. Makes $30M. Founder 2: Running startup for ten years (and counting). Valued at ~$1B. Founder shares valued at $30M. Which founder would you rather be? /🧵

@abhiroopm Many congratulations Abhiroop!

Velocity is hiring across levels. If you are excited about Velocity's mission, apply here: velocity.freshteam.com/jobs If you know founders of healthy online business, do help us spread the word! It starts with a quick online application here: velocity.in 🙏 10/10

Excited to announce @velocity_in's seed funding! Apart from being a big @peterthiel fan, I have always admired Valar for their ability to pick global fintech winners like Transferwise, Xero, N26 and Qonto. Velocity is Valar's first investment in India yourstory.com/2021/03/fundin… 1/

@kaushikmkj What courage & determination! Best wishes...

How it started 😓 How it's going 🙏🏼 But this thread is not about a fundraise. This is about...

@abhiroopm @velocity_in True. Newer gen @ SME tech native, doesn't consider time & capital free 2 company, has alt option 2 sell assets & take white collar job, employees unlikely 2 spend a generation there, has a v upgraded competition 2 deal with. Earlier SME founder gen's experience opp on all counts

Combine this with the rise of mobile internet, online payments and a strong regulatory push towards formalisation.. and you get something UNPRECEDENTED. Super excited about the next decade for SME fintech and keen to add @velocity_in to thousands of Indian businesses! 🚀😊 3/3

The most underrated trend in the Indian SME space is the next generation taking over the business. As India’s average age touches 30, the previous generation of SMEs is increasingly taking a back seat and the next one is starting to run the show now 👴🏻🙋🏻‍♂️ 1/3

@abhiroopm @velocity_in All the best Abhiroop

New year resolution: To build in public! We've largely been under the radar but glad to shift gears and talk more about my 2nd innings as a founder. We aim to build the FUTURE OF FINANCING for online businesses in India. A thread on @velocity_in👇 Please RT for good karma🙏1/12

@zachweismann @naval Prblms being referred 2 maybe different. By all means fix world's resultant prblms (climate etc), while fixing the source...ie individual mind-related behaviours. Solve 4 d mind & pretty much wordly prblms gt solved. Eg. Overconsumption-climate change; greed-war

Your family is broken but you’re going to fix the world.

@naval Masters have struggled to move society's needle. Non-experts like most of us much rather focus on fixing our individual selves, first. And through that family, community, world.

@gokulr Interesting. A non 'top' performer to be sold at 'de-minimis' price assumes an exaggerated correlation between time spent by VC & company outcome. Also why wouldn't they have a CA/non-investment team member handle such non top performers?

The power law of venture returns is real. So much so that hearing about VCs selling back their shares to the company at a de minimis price (eg: $0.01) if they feel the co won't not be a top performer for their fund. All to free up time to focus on the companies that truly matter.

@naval 'Happiness is being satisfied with what you have. Success comes from dissatisfaction. Choose'. Incorrect. Not a choice between happy & passive. Work towards solid progress but today's happiness shouldn't depend on future acquisition.

@madhavchanchani Reliance's scaled & integrated supply chain makes it genuinely better positioned 2 deliver @ best price-speed etc. Versus cos like BigBasket tht hv 2 use expensive equity money 2 offer same things 2 customers. Is this going to end well for BB, others?

Reliance says JioMart has reached a peak of 400,000 orders a day already, and now claims it is the largest online grocer in the country Bigbasket was doing around 350,000 orders a day last month and was doing a run rate of $1 billion

@packyM @jack 1) auto reminder to people about their pending emails when they spend excessive time theorizing or meme-ing on Twitter 2) A Twitter peace keeping force that comes in to defuse mobs 3) good behavior score that impacts influence 4) better search

If you woke up tomorrow as @jack and could do anything you wanted with Twitter - products, features, biz model, acquisitions, go wild! - what would you do? (Note: Don’t say edit button, you’re more creative than that)

@sajithpai @waynema @JuroOsawa Ambani's no. 1 productivity hack is to make sure govt policy is mostly a tailwind & not a major productivity killer putting many other businesses in reverse gear from time to time!

Mr Mukesh Ambani's email productivity hack. via theinformation.com/articles/how-i… by @waynema + @JuroOsawa

@zachweinberg More screw ups- 1) gtng flippant- teaching macro w/o answrng direct. 2) listener is tryng 2 piece 2gthr simple things- don't sabotage tht 3) wastng 10% time on why/hw u r going 2 keep it short! 4) excessively explaining irrelevant parts of ur career graph 5) misplaced banter

When I mention a startup idea publicly, I usually try to downplay its potential. I only want to convince the people who were almost convinced already, because those are the right people to do it.

@anandlunia From day 1, the only focus should have been death % & hospitalization-required count. Infected count simply alarmist w/o the context of 1.3 billion

India is definitely headed higher on this chart. Can the Govt shift the narrative to the death toll now?

Meanwhile in Australian politics... I genuinely wish all countries had citizens who felt comfortable doing this to their Prime Minister.