SUCCESSFUL INVESTMENTS and Entrepreneurships | Stian Rustad | TBCY
Vikram Akula's venture capital firm, Blume Ventures, invests in startups across India, Southeast Asia, and the US. He has categorized his investment work into three companies to handle different types of cases. Vikram defines success as the number of employees an organization has and advises young entrepreneurs to be well-prepared when pitching their business ideas and to have a clear understanding of their market and competition. He believes that grit, the ability to fail fast, and learning from mistakes are essential for success. Vikram emphasizes the importance of admitting when something goes wrong and asking for advice, as this is a key characteristic of successful entrepreneurs. He shares his experience of personally handling investment cases or delegating them to colleagues, depending on the situation. Finally, he thanks the audience for listening to the interview and invites them to visit his firm's website and social media channels for more content.