HI FINTECHTALKERS, (follow me on Twitter (X) for lively discussions on these topics @PADDYRAMANATHAN),
I sat down with Frank Desvignes, founding partner of True Global Ventures (or TGV) 4 Plus. We talked about the unique approach of TGV in the venture capital landscape, their global footprint with local presence in all major theatres, and the recently concluded AI startup competition they recently held in San Mateo.
TGV's remarkable success underscores the essential need for startups to cultivate a global presence early in their journey. This approach is vital for securing capital, accessing diverse markets, and building networks of talented knowledge workers. In light of the recent collapse of Silicon Valley Bank (SVB) last year and the decline in venture debt mechanisms, alongside Elon Musk’s decision to move away from Delaware incorporation, the traditional rules and orthodoxies for startup success are undergoing significant shifts.
TGV's innovative model represents a positive disruption to the current, sub-optimal Silicon Valley venture capital culture, a topic I have explored extensively in earlier writings1. By embracing a global perspective, TGV not only navigates these changing dynamics but also sets a new standard for what startup success can look like in today's rapidly evolving business environment.
Frank and his team at TGV actively deploying capital for Series A/B. Connect with them at https://www.tgv4plus.com/contact.html
Enjoy and always be in the know,
Paddy Ramanathan Follow me on the new X @PaddyRamanathan
Founder of iValley (www.ivalley.co) and
Host of the FINTECHTALK™ Show (on Substack, Apple Podcast, and Spotify)
(Violin piece in podcast, courtesy of my daughter Ilina)
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