VC Q&A: Anis Uzzaman of Pegasus Tech

VC Q&A: Anis Uzzaman of Pegasus Tech

The Startup Grind Team

Anis Uzzaman Ph.D. is the Normal Associate of Pegasus Tech Ventures. He’s CEO and leads funding, administration, and operations. Pegasus Tech Ventures manages 25 funding funds, totaling US$1.5 billion in property below administration. The agency has seen 30+ profitable exits, together with eight IPOs.

As a serial entrepreneur within the retail and technological sectors, Anis offers mentorship in fundraising, operations, and exit methods to entrepreneurs. Anis has invested in additional than 170 startups within the U.S., Japan, and Southeast Asia. Outstanding U.S. portfolio firms embrace Quibi, SpaceX, 23andMe, SoFi, and Chicken. Southeast Asia investments embrace GoJek, Bukalakapak, and Tech in Asia.

Anis is on the board of Affectiva, Asteria, Lark, and Tech in Asia — the most important tech media weblog in Southeast Asia. He’s additionally the Chairman of Startup World Cup, a worldwide startup pitch competitors with 50+ regional occasions throughout six continents, main as much as a $1 million in funding prize.

— What’s your fund’s mission?

Our mission is to speed up the success of our portfolio firms by connecting them to our community of multinational company companions. This creates alternatives for enterprise growth, manufacturing, distribution, and world enlargement.

— What was your very first funding/when? And what struck you about them?

My first funding, through the firm’s 2011 seed spherical, was a Y Combinator firm referred to as Rap Genius. It’s now generally known as merely Genius — a digital media firm, initially permitting customers to supply annotations and interpretation of music lyrics, information tales, sources, poetry, and paperwork. Genius’ founders struck me as inventive and energetic, having the best perspective to succeed. Apparently, the actor Ashton Kutcher additionally invested within the seed spherical. He offered a novel Hollywood perspective on why Genius was modern.

— What’s one factor you’re enthusiastic about proper now?

I’m excited to handle a billion-dollar progress fund, which permits Pegasus to put money into modern startups corresponding to Quibi, SpaceX, 23andMe, SoFi, and Chicken. We’re excited to assist these firms construct company relationships, entry new prospects, and develop sustainably.

— Who’s one founder we should always watch?

I’m very impressed by Rana el Kaliouby, the CEO and co-founder of Affectiva, an organization that brings emotional intelligence to know-how. She’s one to observe as a high feminine founder. Rana is inventive and hopeful about know-how bettering the world. She additionally wrote the e book Lady Decoded, offering an in-depth view of her private transformation.

— What are the three high qualities of each nice chief?

Each nice chief ought to first talk clearly and in a complicated means — to workers, friends, and exterior audiences. They need to be optimistic but reasonable, dreaming concerning the future in an correct means. Lastly, an important chief ought to lead by instance; act as a job mannequin and exhibit admirable conduct.

— What’s one query you ask your self earlier than investing in an organization?

I at all times ask myself: What am I lacking? Is there one thing that I ought to examine additional? Even with strong know-how and robust founders, it’s nonetheless vital to conduct thorough due diligence.

— What’s one factor each founder ought to ask themselves earlier than strolling into a gathering with a possible investor?

I consider that it’s crucial for each founder to be assured and ready, since traders may ask any sort of query. Have a optimistic perspective and present your enthusiasm for the corporate.

— What do you suppose needs to be in a CEO’s high three firm priorities?

First, individuals: You want the best expertise to execute the corporate’s marketing strategy. Second, funds: Sufficient cash — or a plan to get it by way of income or fundraising — to function efficiently. Third, prospects: Ensure that prospects demand your services or products; have a powerful advertising and marketing plan to succeed in them.

— Favourite enterprise e book, weblog or podcast?

My favourite e book is Lean In by Sheryl Sandberg. She explains how ladies — and everybody in enterprise — can present management and tackle new challenges to succeed.

— What’s your favourite factor to do whenever you’re not working?

Regardless of my love of investing and know-how, I’ve an English Backyard at my dwelling and prefer to free my thoughts by working outside.

— Who’s one chief you admire?

Barack Obama. He’s a powerful chief who explains concepts clearly with out difficult language.

— What’s one attention-grabbing factor most individuals gained’t learn about you?

I really like touring, particularly to Maui in Hawaii. It’s a tremendous place with attention-grabbing individuals, so I sometimes go there a number of instances every year.

— What’s one piece of recommendation you’d give each founder?

Be decided by your objective to succeed. Don’t collapse even when you’re rejected or face harsh criticism. That’s the time to be extra decided than ever.

Study extra about Pegasus Tech Ventures right here.

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