E8: Kleiner Perkins and Penn’s Endowment on India, loss ratios, and the rise of secondaries

Key Points

• Mamoon Hamid expresses optimism about India as an investment frontier, highlighting its large population, burgeoning middle class, and infrastructure improvements as key growth drivers.
• Thomas Scriven notes a significant rise in revenue traction within portfolio companies in India, suggesting a maturing ecosystem with increasing potential for scale and profitability.
• Jason Calacanis emphasizes the importance of portfolio strategy in venture capital, discussing the strategic decision to concentrate investments in top-performing companies and avoid supporting underperforming startups with additional funding.