I had the pleasure of speaking with Shiva Singh Sangwan of 1947 Rise. We discussed the intricacies of building a fund. We covered why building a fund is akin to building a startup, why we are bullish on India, and why our diversified strategy is the most effective.

Timeline:

00:00: Top Moments.

00:34: Intro for Pod with Fabrice.

01:57: FJ Labs founding story.

04:57: Portfolio and fund model evolved through experience and learning.

07:59: Success factors for a $290 million fund.

09:45: Potential changes for the third fund if starting a new fund.

12:15: LP relationship-building strategies.

16:38: Effective pre-fundraising relationship building.

18:31: Evolution in deal sourcing.

25:27: Challenges in building a venture fund.

27:05:  Investment thesis for India.

31:08: Pros and cons of starting a fund.

33:54: Importance of brand building for deal flow.

35:17: Typical day routine.

37:14: His obsession outside of work.

38:25: Recent personal mindset changes.

41:32: Who is Fabrice outside of work?

If you prefer, you can listen to the episode in the embedded podcast player.

In addition to the above Youtube video and embedded podcast player, you can also listen to the podcast on Spotify:
https://open.spotify.com/episode/0FUZzpSSSeTx0XOHt7pt0d?si=hLAmrdtGQ3y22NUzzhl-Zg