???? investing in opengov, bigcommerce and snap with yash patel

00:00 ????️ Yash Patel is a general partner at Titanium Ventures, focusing on series A and C investments in tech companies.
01:25 ???? Titanium Ventures manages about a billion dollars in assets, investing across sectors like climate tech, cybersecurity, and AI.
02:18 ???? Titanium Ventures uses a data-centric approach with a dedicated data science effort to evaluate and support their investments.
03:01 ???? Titanium Ventures aims for liquidity events within 5 to 8 years, focusing on scaling and strategic partnerships for portfolio companies.
04:24 ???? Titanium Ventures emphasizes adding value beyond funding, including strategic introductions and revenue generation for portfolio companies.
06:28 ???? Titanium Ventures spun out from Telstra in 2018, becoming independent but maintaining Telstra as a significant anchor LP.
08:41 ???? Titanium Ventures' evolution mirrors other successful corporate venture spinouts like Google Ventures and Sapphire Ventures.
10:04 ???? Titanium Ventures focuses about 80% of its portfolio in the US, citing talent density and capital concentration as key reasons.
11:29 ???? Titanium Ventures highlights Snapchat's evolution into a comprehensive digital media platform as a significant investment success story.
13:16 ???? BigCommerce's pivot to a mid-market open app store strategy drove growth and led to a successful exit for Titanium Ventures in 2022.
15:23 ???? Titanium Ventures opted for a public listing for BigCommerce due to favorable market valuations over strategic M&A offers.