Get All Access for $5/mo

Investors Should Let the Entrepreneurs Do Their Job, This VC Learnt the Hard Way While speaking to Entrepreneur India, Motti Vaknin spoke about his India foray and how he looks at the change in the Indian entrepreneurial ecosystem from an outsider lens.

By Aashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

Motti Vaknin, a partner at Cedar Fund, has been both an investor and a serial entrepreneur.

With deep knowledge of the US and Israeli enterprise software arena, Vaknin uses his expertise in the software area to focus on enterprise software, SaaS and Internet opportunities.

While speaking to Entrepreneur India, he spoke about his India foray and how he looks at the change in the Indian entrepreneurial ecosystem from an outsider lens.

Q) You have seen the India of 1990s closely. What has changed?

A) There were some connections where I was involved with initiative around bringing distance learning and bringing internet to remote places in India, which was a beautiful initiative. India has changed dramatically since then.

We were there at a time when Bangalore just started. Today, Bangalore is an empire. I remember the days Bangalore had a few satellite connections to the Silicon Valley and was mainly providing outsourcing to the Silicon Valley. Bangalore is an origin of innovation to itself today.

Q) From being an entrepreneur to a VC, what are the perks of being an entrepreneur first and VC later?

A) I was a three times CEO; I sold to companies I loved entrepreneurship. I like the creativity and innovation and so on. When my partner convinced me to join their fund, they told me listen you like funding companies one after another in a serial manner why will you not fund 7 companies. I joined and then I realized it was a mistake. At the beginning I was not an investor. I was sitting in the meeting and hearing about technology and imagining what I could do to that technology and how should I use that technology. At the end of the day, the most important element in investment is the entrepreneur. The more I graduated through this process the more I understood the focus is not on me, it is on the founders and I need to lean back and see that whether they are listening.

Q) Do start-ups today face the problem of being overexposed to acute pressure and giving up to investors' demand?

A) We have the saying in Israel – "If you want to build a company, you would have brought an American CEO."

That's a mistake. It is the entrepreneur you should invest in; the entrepreneur you should provide guidance to. You should provide them the help. My advice to them is talk to your investor. Whoever aligns with your vision is confident enough to allow you to make mistakes because we all make mistakes; even for investors, it is very easy to be back seat drivers and give advice. I think this mindset will change in India as well.

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head. 
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Business News

Former Steve Jobs Intern Says This Is How He Would Have Approached AI

The former intern is now the CEO of AI and data company DataStax.