Semil

Semil Shah

Creator of Haystack Fund, investing in early stage startups and venture adviser to GGV Capital

THIS CHAT HAPPENED ON March 11, 2016

Discussion

Semil
Semil@semil · Product, Swell
Hi Everyone, Semil here. I am an investor and writer based out of Silicon Valley. I created and invest out of a small fund called Haystack, which is proud to be an early investor in over 70 companies, including Instacart, DoorDash, Hired, and Managed By Q (see full portfolio here). I am also Venture Advisor to GGV Capital, and am proud to serve on the Advisory Boards of StrictlyVC and The Alpha Network. Ask me anything!
Jack Smith
Jack Smith@_jacksmith · Serial Entrepreneur & Startup Adviser
Semil - in some tweets you were candid in saying that you "got your ass handed to you" by prospective LPs in 2015, through the course of raising your latest fund. Would you feel comfortable expanding on that and maybe sharing some of the common pushback reasons that you encountered?
Niv Dror
Niv Dror@nivo0o0 · VC at Shrug Capital
Hey @Semil, thanks for joining us! You must get a lot of deal flow referred to you, much of it I assume is over email... Wondering what the ideal (pre-intro) email looks to see if you might be interested in an intro? (1-2 line description, a deck? just a URL to the site/app? etc..)
Harry Stebbings
Harry Stebbings@harrystebbings · Podcast Host @ The Twenty Minute VC
@Semil thanks so much for joining us today, big fan of yours here @twentyminutevc I would love to hear how the fundraising process was for you? How you made the initial contact and introductions to your LPs? How you looked to differentiate yourself in the sea of early seed funds? Would love to have you on @twentyminutevc and discuss more, would be an honour!
Ilir Alka
Ilir Alka@bizisboomin
How does a beginner approach an investor? How do you find them and what are they looking for?
David Diamond
David Diamond@david_diam · Product designer
Hey Semil, getting in super early with this question here but it's a topic on my mind at the moment. What roles do you think seed startups should hire once they raise their first round?
Ross Simmonds
Ross Simmonds@thecoolestcool · Entrepreneur | Giving 💯
Hey Semil - In your post re: Investment Requirements for Fund 3, you expressed that you won't consider an investment if main HQ is outside the Bay Area. What's the reasoning behind this?
Ross Simmonds
Ross Simmonds@thecoolestcool · Entrepreneur | Giving 💯
@kunaltandon @semil Appreciate the heads up. 👊
Vijayan Vilangu Kallil
Vijayan Vilangu Kallil@vijayan_vilangu_kallil
Hi Semil..what's your take on the future of VR and your investment priorities in VR space