So today I am going to start a new series on this blog. It will deal with the stories and profiles of people like us, but maybe a little ahead in game. These are MBA students who have graduated recently, and have gone out and carved a name for themselves in the VC world. I think their stories will give us a lot more perspective on what to do in the near term (and what kind of people succeed in this industry) than if I profiled senior partners and legends. The legends will have their own valuable insights but these are people who are young enough to be like us, and have achieved things that are inspiring and encouraging.
So to kick this segment off, I will start by profiling a friend.
Mamoon Hamid (USVP)
Mamoon is probably one of the humblest and most modest guys I have met. We met during my random search for someone to talk to in the Venture Capital world. He not only returned my cold call but also was exceptionally kind to me, and connected me to his mentor in another VC firm. If you want to stay optimistic while doing this crazy search, he is the guy to meet.
Education - Mamoon has a Bachelors in EE and a Masters in Management Science from Stanford. He also has an MBA from HBS
Venture Capital Jobs - Voyager Capital, USVP
Last Job before Venture Capital - Xilinx (Senior Marketing Manager)
Years of Experience - 7
Positioning - Semiconductor, Consumer Internet, Mobile Technology
Out of the blue deed - Started a Pakistani-Indian restaurant in San Francisco. I have had dinner there and it is good
Personal Mantra - Do what you like, do it right and you'll do fine in life
Investing Philosophy -
1. Go in early, support the best people - people who've got the je ne sais quoi and domain expertise. Ideally, these are people you know and trust.
2. Always address a market of consequence ($500m+SAM)
3. Avoid investments that require change in human behavior - whether that’s an engineer, network administrator or plain old consumer. People rarely change (just like in real life) and if they do, it’s over a time period that extends beyond the VC investment time horizon
4. Deal terms (aside from valuation) protect the downside – so if you’re getting bogged down by specific terms, ask yourself whether you should really be making the investment.
The Drift - If someone says, you got to be aggressive to succeed in Venture Capital. Ask him to contact Mamoon.