85: How Nihal Mehta built Eniac Venture as New York's top VC fund | 1947 VC from 1947 Rise

85: How Nihal Mehta built Eniac Venture as New York's top VC fund | 1947 VC

39 minutes Posted Dec 7, 2023 at 1:00 pm.

Top Moments

Intro to pod with Nihal Mehta

Foundational Thesis of Eniac Ventures

Portfolio construction and evolution over the years

Journey of transitioning from making smaller investments to leading rounds

Aspects of investing: sourcing, picking, and winning

Common traits of companies of successful companies in portfolio

Lessons from misses in investment

Challenges and less-discussed aspects of building a venture fund

Fundraising journey and communicating with LPs

Advice for someone starting a fund or venturing into VC

Personal life and daily routine outside of work

Interests beyond work

Superpowers or unique qualities of partners in the venture firm

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Show notes

Nihal Mehta is the co-founder of Eniac Ventures. One of the top Venture Capital funds in the US.

Through Eniac they have invested in over 10 unicorns.

Before founding Eniac, Nihal had built 5 tech companies. Some succeeded and some failed.

People call Nihal the human Rolodex and Nihal is typically the life of the party.

Timeline:

00:00 Top Moments

00:40 Intro to pod with Nihal Mehta

02:30 Foundational Thesis of Eniac Ventures

04:19 Portfolio construction and evolution over the years

06:44 Journey of transitioning from making smaller investments to leading rounds

10:11 Aspects of investing: sourcing, picking, and winning

15:41 Common traits of companies of successful companies in portfolio

17:46 Lessons from misses in investment

19:54 Challenges and less-discussed aspects of building a venture fund

22:38 Fundraising journey and communicating with LPs

25:38 Advice for someone starting a fund or venturing into VC

29:13 Personal life and daily routine outside of work

33:19 Interests beyond work

35:48 Superpowers or unique qualities of partners in the venture firm