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Today: October 2, 2024
August 20, 2024
1 min read

VC Secrets: 5 Traits of Successful First-time Founders in Emerging Markets

TLDR:

  • Antler India plans to invest in 120 startups over four years with a $75 million fund.
  • Key traits for founders include execution, grit, customer obsession, communication, and ambition.

Rajiv Srivatsa, a partner at Antler India, discusses the five traits he looks for in first-time founders. Antler India runs cohorts for individual founders and teams, selecting 100 from up to 5,000 applicants. They invest in 20-25 people from the cohort and provide funding to help shape their ideas. Srivatsa emphasizes the importance of execution, grit, customer obsession, communication, and ambition in founders. He also highlights the need for founders to have clear communication skills and an X-factor that sets them apart. Additionally, he emphasizes the importance of complementary skills in cofounders and the value of matching technical backgrounds with business acumen. These traits and characteristics are crucial for success in the competitive startup market in India.

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