TLDR:
– Aziz Gilani, managing director at Mercury, discusses investing in software-as-a-service (SaaS) startups on the Houston Innovators Podcast.
– Gilani emphasizes the importance of achieving product-market fit for successful investments in the current software investment cycle.
Aziz Gilani, managing director at Mercury, appeared on the Houston Innovators Podcast to discuss his career in tech and his role in investing in innovative software businesses. Gilani highlights the significance of achieving product-market fit, citing Houston-based RepeatMD as an example of a company that successfully raised a $50 million series A round due to its strong customer adoption and eagerness for the service. Gilani emphasizes the importance of finding high-growth companies to add to Mercury’s portfolio, despite challenges in the venture capital environment. He shares further insights into his investment thesis, recent focus areas in tech, and the development of Houston’s tech ecosystem.
