The Neon Show Shalini Prakash, Co-Founder Epic.one and ex-Venture Partner 500 Startups
Oct 24, 2019
32:18
Shalini started as a Venture Partner in the Venture Capital Ecosystem with 500 Startups in 2015.Post which later she started her own Rewards & Loyalty based product Epic.one in early 2019.In this podcast, Shalini shares, the investment philosophy & thought process practised by her at 500 Startups.Notes - 00:20 - Unusual for a VC to become an Entrepreneur01:30 - How did your life shape up your background?02:30 - How did 500 Startups happen?03:20 - Purpose in life as a VC & Now as an Entrepreneur04:17 - Epic.one (Solving the fragmented rewards space)05:15 - Profiling a Customer07:16 - Building an Ecosystem of Players09:38 - Teaming up with Cofounder - Amit10:25 - Key learnings at GSF as an Investor12:20 - Wave of Financial Startups13:40 - Investment Strategy at 500 Startups17:24 - “In early stages folding of Companies is very common, 40-50% close in first 2-3 years”19:50 - “Sometimes your hypothesis is wrong & sometimes it’s not well executed”23:01 - Four things I learnt from the mistakes of Startups we invested in!P.S.I would like to give shoutout to my friend Swayam Prabha, who is the founder of Divine Rejuvenation.I signed up for Divine Rejuvenation wellness class online. It was 30 min session where the instructor uses state of the art bio-energetic tool for your physical, emotional and mindful well being.I had one of the most deep sleep that day and next day my meditation session was wonderful.For 100x Entrepreneur listeners they have launched a special one time 30 min session at 100% discount. Use the code “100X” while signing up on https://divinerejuvenations.com/appointments/