LV Insights

Angel Investing Masterclass | Mental Models

Amit Somani is a venture capitalist and one of the managing partners at Prime VP. Prior to his role as a VC, Amit has held several tech leadership positions at IBM, Google, and MakeMyTrip. Hailing from a tech background, he is known to have a keen eye for Fintechs, SaaS, and B2B startups. Amit and his team at Prime VP have invested in several startups including Synup, OTO, MyGate, EzeTap, HackerEarth, and Sunstone Eduversity amongst others. Amit works closely with entrepreneurs and shares the journey with them in a high-frequency and interactive environment. 

In the ‘Evaluating Startups’ session of the LetsVenture Angel Investing Masterclass, Amit shared a few mental models that angels should leverage before signing a cheque. These mental models are nothing but some best practices suggested by the best practitioners in the investment space, including the likes of Warren Buffet, Don Valentine, Sanjay Anandaram, and Marc Andreessen. Amit says, “Clear and sharp insights on GTM, distribution models and unit economics to get to a million ARR is key before making any investment decision. Expansion plans and multiple product strategies can be factored in later in the equation.”

Here’s the video: 

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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