LV Insights

Angel Investing Masterclass | Dealing with Cash Burn & Exits

Hari Balasubramanian leads the EaSyndicate at LetsVenture and is also a member of the Indian Angel Network. As a super angel, Hari not only invests but also advises & mentors entrepreneurs. He provides strategic inputs and directions to founders and advocates lean startup models, helping founding teams to think global, act local, and build a culture of innovation in their organizations. Spanning over a period of around a decade, Hari has lead investments and exits from several startups. His investment portfolio includes Wow Momos, Codeninja.ai, StyleDoMe, and LeanAgri amongst many others. 

In the ‘Evaluating Startups’ session of the LetsVenture Angel Investing Masterclass, Hari shares his insights on cash burn and goes on to talk about finding exits as an angel. He mentions that a good rapport between founders and angels can lead to quick fundraises and even exits. “If the idea is compelling and your product is creating a new market, don’t worry about cash burn. It might take 5 to 7 years for achieving the total addressable market,” says Hari in the session. 

Watch the video here: 

Register here for our next Angel Investing Masterclass on May 16 (Saturday). Focussed on Evaluating startups for angel funding, this masterclass will be delivered by Vinish Kathuria (Managing Partner, SenseAI), Rahul Agarwalla (Managing Partner, SenseAI), and Sanket Dhurandhar (India Head – AI/ML, Amazon Internet Services).


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