Tables Turned as 12 Investors Sold Themselves to Entrepreneurs
They have done cleantech, mobile, internet, cloud, ecommerce. One of Blume’s portfolio companies is Mettl (online career assessment platform). Sanjay says that to ensure money to their investor in cases where a company goes down, they give money in tranches.
Citrix Startup Accelerator (Ravi Gururaj) – Citrix invests in very early stage of a company in the range of $100k to $250k. Their focus areas are social, local, mobile, cloud, SaaS and anything which is capital efficient. Citrix doesn’t look at retail. Citrix is extremely biased towards very experienced team and they provide space to them for up to 18 months. Citrix is very acquisitive company with about 50 acquisitions. As a result they have 50 CTOs of companies, many VPs of sales, business development and CEOs too who have done multiple startups. The startup accelerator has made 14 investments with 1 exit in 9 months with one Indian investment called Grexit.
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