#122 Sheel Mohnot: Living on $1 a day to learn his customers, Becoming one of the best seed FinTech investors, Metaverse weddings & more!

In this episode #122 w Sheel Mohnot, learn about:02:15  - Where were you born and live now?02:30 - What was your first job and now?03:20  - High Flyer in Sheel’s life04:12 - Indian family influences05:19 - High school impressions06:09 - Connecting with Indian / American identity06:51 - Grandfather’s inspiration07:44 - Multi dimensional career interests09:00 - A year living in India on a $1 a day10:18 - Internalising personal values and happiness11:10 - Most painful learning12:26 - Meeting his wife thanks to a dating show12:48 - Taco Bell metaverse wedding13:44 - Hanging out with AirBnB’s Brian Cheesky16:18 - Business opportunity in podcasts17:13 - Finance, Consulting, Healthcare18:02 - Mental models for learning18:57 - Crowdfunding as part of a VC round19:50 - State of FinTech today21:07 - Founding team vs product at seed stage21:50 - Transition from angel investor to running a fund22:45 - Questions to ask in first meeting with founder23:51 - Downside of saying no to founders24:42 - Hallmarks of a great enduring Venture firm26:44 - Managing both sides: the LP’s and Founders28:44 - 5 best hall of fame investors29:54 - Best underrated investors30:35 - most unexpected successful founders31:35 - Unpacking Flexport’s business model33:09 - Indian CEO’s34:58 - Building rapport cross cultures37:20 - FinTech in Africa38:01 - Opportunity in Australia39:12 - 3 tips to become a VC today40:12 - Progression within a VC41:51 - Traits of a great investment memo42:50 - Areas founders should be more aware of44:39 - Growth vs burn rates45:15 - Final sprintIt’s now time to explore your curiosity. Please enjoy!***Follow us on Instagram, LinkedIn or TwitterContact us via our website or email Vidit directly at [email protected] to discuss sponsorship opportunities, recommend future guests or share feedback, we love hearing how to improve! Thank you for rating / reviewing this podcast on Apple Podcasts and Spotify, it helps others find us and convince guests to come on the show!