Weekend Entrepreneurs

Ep. 7: How Sathya Sampat Built BoldCap: Lessons on Starting a VC Fund & Backing SaaS


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๐Ÿš€ What does it take to build a VC fund from scratch?

In this episode, we sit down with Sathya Sampat, the Founder and Managing Partner of BoldCap, to explore his incredible journey of starting and running a venture capital fund focused on early-stage SaaS startups.
BoldCap is a VC fund that specializes in backing early-stage SaaS startups originating from India. With a mission to help these startups scale globally, BoldCap has already made a mark with investments in companies like SpendFlo, Testsigma, and SpotDraft.
Here's what youโ€™ll learn in this episode:
๐Ÿ› ๏ธ The preparation required to launch a VC fund
๐Ÿ’ผ How to find early LPs for your fund
๐Ÿ’ก Challenges while raising a fund and tips for sourcing LPs
๐Ÿš€ Sathya's approach to picking startups
๐Ÿ“ˆ The art of figuring out the right valuation for startups
๐Ÿ‘ฅ What the day-to-day of running a VC fund looks like and insights into the BoldCap team
This conversation is packed with actionable insights for anyone curious about the VC world, building a fund, or understanding how early-stage investing works. Whether youโ€™re an aspiring VC, a founder seeking funding, or just curious about the behind-the-scenes of venture capital, this episode is for you.
๐Ÿ‘‰ Chapters:
Check out the timestamps to dive into specific parts of the conversation.
00:00 - Teaser
00:40 - Introduction
03:14 - What made Sathya leave his previous venture to start BoldCap - his VC Fund?
07:38 - Steps Sathya took to prepare himself to start a fund
11:35 - What did Sathya do when raising Fund 1 for BoldCap and who were his partners in crime?
15:46 - What did day-to-day look like during the early days of raising Fund 1? Who were his early LPs?
22:10 - Where do you find LPs for your VC Fund?
24:10 - What are the challenges that someone needs to aware of when raising a VC Fund?
29:18 - How many LPs anchored BoldCap's first Fund?
30:09 - How Sathya sourced his first few deals - SpendFlo, Testsigma & SpotDraft?
44:00 - How does Sathya decide what is the right valuation for companies that he invests in?
47:48 - What does it take to run a VC fund? What does the BoldCap team look like?
51:40 - Rapidfire
54:35 - Debrief - what we took away from our conversation with Sathya
๐Ÿ’ฌ Let us know your favorite part of the conversation in the comments!
If youโ€™re interested in startups, venture capital, or entrepreneurship, hit Subscribe and stay tuned for more conversations like this.
#VentureCapital #BoldCap #StartupFunding #Entrepreneurship #startup #funding

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Weekend EntrepreneursBy Rohith and Govind