EP 518: See 20 deals, invest in 2 between $75k-150k pre seed, likes b2b saas for investments

Published: Dec. 24, 2016, 10 a.m.

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Dinesh Kandanchatha. He\\u2019s a founder, mentor, speaker, and above all, an entrepreneur. He encourages founders to ask all questions, navigate challenging decisions, and find the right answer that is sometimes difficult to face. He has bought, built, sold, lent, and/or invested in over 13 companies.

Famous Five:

  • Favorite Book? \\u2013 Essentialism
  • What CEO do you follow? \\u2013 Steve Jobs
  • Favorite online tool? \\u2014 Asana
  • Do you get 8 hours of sleep?\\u2014 No
  • If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cDon\\u2019t be the smartest guy\\u201d

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Time Stamped Show Notes:

  • 01:48 \\u2013 Nathan introduces Dinesh to the show
  • 02:32 \\u2013 Dinesh makes money by investing and capital gains against those investments
  • 02:52 \\u2013 Dinesh does consulting work too
  • 03:45 \\u2013 A board member\\u2019s average retainers
  • 04:33 \\u2013 Dinesh total revenue as a credit investor in 2015
    • 04:48 \\u2013 A credit investor is someone who has net assets greater than $5M and earnings in the last 2 years that are greater than $200K
  • 05:35 \\u2013 Dinesh has built startups; some failed and some are successful
  • 06:04 \\u2013 Dinesh invests $75K to $150K in a company
    • 06:14 \\u2013 Dinesh often invests during Pre-Series A or Pre-seed
    • 06:20 \\u2013 Dinesh takes his capital and amplify it with his network and experience
  • 07:08 \\u2013 Dinesh\\u2019s biggest failure happened right after he sold Precise Software Technologies in the late 90s
    • 07:46 \\u2013 The person that acquired Precise sued Dinesh
    • 08:09 \\u2013 Dinesh spent hundreds of thousands of dollars in legal battles
  • 09:04 \\u2013 Dinesh\\u2019s most spectacular success is yet to come
  • 09:20 \\u2013 The business Dinesh is currently proud of
    • 10:50 \\u2013 Dinesh\\u2019s equity rate in Protus IP Solution
  • 11:10 \\u2013 Dinesh has helped Macadamian technology scale up
  • 12:03 \\u2013 Dinesh has invested in real estate
  • 12:30 \\u2013 \\u201cIf you get a few over the fence, you can make up all the difference\\u201d
  • 12:45 \\u2013 Dinesh usually sticks to B2B and SaaS
  • 13:22 \\u2013 Dinesh is currently working on Patriot One Technologies
  • 14:49 \\u2013 Dinesh is very passionate about the potential of technology
  • 15:04 \\u2013 Connect with Dinesh through Twitter and at Clarity.fm
  • 17:27 \\u2013 The Famous Five

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3 Key Points:

  • \\u201cIf you get a few over the fence, you can make up all the difference\\u201d\\u2014so, don\\u2019t get discouraged if you lose some.
  • Do what you know and stick to your strengths.
  • When you get an idea that could meaningfully impact the society as a whole\\u2014it will not just be an investment, but your baby.

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Resources Mentioned:

  • Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
  • Drip \\u2013 Nathan uses Drip\\u2019s email automation platform and visual campaign builder to build his sales funnel
  • Toptal\\xa0\\u2013 Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn\\u2019t have to hire a co-founder due to the quality of Toptal
  • Host Gator\\xa0\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
  • Audible\\xa0\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books.
  • The Top Inbox\\xa0 \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens and follow-up with email sequences
  • @DineshAtWork \\u2013 Dinesh\\u2019s Twitter handle
  • Clarity.fm/DineshkAtWork \\u2013 Dinesh\\u2019s Clarity account
  • Show Notes provided by Mallard Creatives
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