Originally from New Delhi and Kathmandu, Ishan Sinha grew up on the move. Because of his Father’s job, he lived in six countries on three different continents until finally settling in Connecticut. Today, as Vice President of Point72 Ventures, he still normally spends lots of time on planes, but that’s been on hold in light of COVID-19. Under normal circumstances, he travels several times throughout the year to explore markets in the Middle East, Northern Africa, Southeast Asia, and Latin America.
Point72 Ventures is the independent, early-stage investment arm of Steven Cohen’s $16B hedge fund Point72 Asset Management. The fund –always seeking to be at the forefront of new technology– naturally contacted a lot of startups, which eventually turned into investable businesses. Their first investment in Latin America was in Pierpaolo Barbieri’s fintech Ualá. Ishan, with his international background, jumped at the opportunity to work on the fund’s new global endeavors.
In this episode, I sit down with Ishan to talk about his nomadic upbringing, Point72’s core thesis and decision to explore outside of the US, and his insights on the differences between traditional investing and venture capital. We also discuss how Latin America compares to Southeast Asia, and Ishan gives advice on how to approach the Latin American market.
Over the years, we’ve had the chance to interview some of the best venture capital investors in Latin America on the Crossing Borders podcast. With that in mind, we decided to launch an Investor Remix Series, where we go back to previous episodes to highlight the stories of some of the region’s most interesting and successful investors. For the first episode in the series, we feature six investors giving advice to founders from Latin America.
At Magma Partners, we work with people who share our values, whether they’re the founders we invest in or the mentors and investors we bring on to our team. We hope to create lifelong relationships with the people we support.
For this episode, we’re featuring eleven Magma entrepreneurs –some are members of our portfolio, and others are from our team– who have appeared on previous episodes of the Crossing Borders podcast to share their advice to founders from Latin America on how to get started.
In this episode, I reconnected with my friend Brenna Loury, one of the original founding team members of Start-Up Chile, and the current head of marketing and PR at Doist to talk about her experience of learning a new job in a new country, the challenges and rewards of working across borders, and how she helped bootstrap a tech startup that now has more than 13,000,000 users worldwide.
Brenna shares how her company now manages more than 50 employees in 20 countries, all of them working 100% remotely. She offers tips on how to best position your company to start working remotely, mistakes startups should avoid when pitching ideas or raising funds and a formula for hiring top-notch employees. The conversation is packed with useful information and inspiring stories you don’t want to miss!