The Need of a Woman at VC Firms

Not every day does one bump into a female venture capitalist in Bangalore. Sitting at a swanky Bangalore cafe , I was speaking to Shalini Prakash, Principal at 500 Startups on why aren’t there many Shes in the world of VCs!
Shalini has been with 500 Startups for more than a year now and on an average gets to interact with about 30-40 entrepreneurs per month. Talking about the quality of entrepreneurs in India, she said “The quality of entrepreneurship is definitely improving, and by this I don’t mean the person per say but the kind of companies that they are trying to build. So it has definitely evolved over a period of time. The maturity of entrepreneurs has definitely improved; he knows that he can’t build another “me-too” in the market. It has to build another product which has to be solving another big problem in the country…”
Shalini has previously worked with Kyron Accelerator and INKtalks, was an EIR with GSF Accelerator, and currently oversees India investments and Partnerships for 500 Startups, a Silicon Valley-based early-stage venture fund and seed accelerator founded by Dave McClure and Christine Tsai in 2010. 

Need of a unified ecosystem
Speaking more broadly about the ecosystem, Shalini said that there is definitely isn’t any dearth of entrepreneurial talent in the Indian ecosystem and stressed on the need of unity in the ecosystem.  “There are a lot of people who help but I still feel that the number is still very small and what happens is there are 30-40 people of such mentors who are really passionate about startups they are sort of split between the 30 accelerators that exist in our country and it’s not possible for them to do justice. But there are many smart and talented people out there and we need them come to the forefront and actively engage with the startups and the ecosystem” she adds.  
What makes her say YES!
According to Shalini the basis on which one makes a decision, especially in the case of an early-stage startup is to check who are the founders of the product, and that doesn’t mean hunting for a brand name like a Wharton or an IIM graduate. “When I say founders, I mean to look for someone who actually gets the product and the market.  An IIT/IIM label specifically does not matter to us,” she adds.
We also check if the founders have validated the product before they start looking for funds. “Show us that the product is working and the consumers want it,” she adds.
Fewer woman VCs
Shalini agreed to the fact that there aren’t enough women in the VC community in India today. “Of course we have some really prominent names like Meena Ganesh, Vani Kola, Bharti Jacob, and at times I find myself with only 3-4 woman in the room when these folks don’t show up at some of the community events…”
“A lot of people come from that traditional background where you think women can’t become engineers or doctors.  Today that idea has been dismissed to a certain extent. Venture Capital was completely a male dominated arena, it was what engineering was 30 years ago. Even VC firms want women in their panel because if you are investing in a company that makes women’s products, you need to have a woman who understands these products. Every company that’s building a product in any field say e-commerce or B2C or others, you need to have an understanding of the 50 percent of the other market; which is women!,” she said.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code SUCCESS