{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The First Bet","title":"EP15 Mahesh Narayanan: Finding mission driven Founders","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e3efdcc8\"></iframe>","width":"100%","height":180,"duration":1875,"description":"Key Points\nKeywords\ninvestment, startup, founder, venture capital, healthcare, software, neurodivergent, medication compliance, deep tech, coachability\nSummary\nIn this conversation, Martin Tobias and Mahesh Narayanan discuss the journey of investing in Improve On Health, a company focused on medication compliance for neurodivergent individuals. They explore the challenges faced during the investment process, the importance of founder conviction, and the traits that make a successful entrepreneur. Mahesh shares insights on how to evaluate investments, particularly in deep tech, and emphasizes the significance of coachability and adaptability in founders.\nTakeaways\nInvesting often involves trusting the unknown and taking calculated risks.\nA founder's personal connection to the problem can drive their commitment and success.\nThe journey from idea to investment requires validation and market understanding.\nNavigating funding rounds can be challenging, especially in a competitive environment.\nCoachability in founders is crucial for adapting to feedback and challenges.\nInvestors should look for opportunities to expand beyond initial market assumptions.\nUnderstanding regulatory challenges is key in healthcare investments.\nThe ability to pivot based on market needs can lead to unexpected growth.\nBuilding a scalable product is essential to avoid becoming a consulting company.\nSuccessful founders are driven by intrinsic motivation rather than external rewards.\ntitles\nNavigating the Unknown: The Art of Investment\nFrom Trust to Triumph: The Journey of Improve On Health\nThe Power of Personal Connection in Founding\nSound Bites\n00:00 \"I trusted him and I wrote the check.\"\n18:09 \"He was very coachable.\"\n21:20 \"It was a multimillion dollar deal.\"\n29:49 \"I really dig them on that.\"\n32:32 \"It’s a big flag.\"\n33:16 \"Congratulations, that’s big news.\"\nChapters\n00:00 The Initial Bet: Trusting the Unknown\n02:19 Building Conviction: The Founder’s Personal Connection\n05:46 From Idea to...","thumbnail_url":"https://img.transistorcdn.com/svm9JgXvtaknzsrbiGn4yO8TiDK8Ptj7rMt6cBbfV7o/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83MmVm/YTg2NTQyMmM0YzMz/ZGNjMTg3ZGE1OGM2/NWQzNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}