One of the most active angel investors in India, 100X.VC cofounder Sanjay Mehta pegged the current economic crisis as a great opportunity for small cheque investors. He argued that in such times of crisis, there’s a human instinct in investors to pull out of the market but to make returns in venture investing, one should be ready to make contrarian bets.
Contrary to the popular opinion that VC funding will dry up in these times, Mehta said that the venture capital business does not stop. However, he agreed that there will be a reset in the space and transactional players like private equity, hedge funds, investment banks, and corporate venture capital will take a pause for next year or so.
Published on: September 22, 2020