Shubhra Jain is the Head of Healthcare investments at Tarsadia Investments. She moved to US after completing her MBBS in India, to pursue a Masters in mechanical engineering at Stanford after which she completed her MBA from Wharton.
Shubhra is an incredibly sharp, reflective and humble person. I had a lot of fun talking to her about:
-Due diligence process for startups
-How she picks VC funds and GPs to invest in
-Her transition from physician to investor
-Market tailwinds in healthtech
Timestamps:
00:04 Lessons from Childhood
03:33 Transition from medicine to venture
07:26 Generalist vs specialist as an investor
12:04 Structure vs intuition in decision making
16:24 What do you look for in founders?
21:34 What market tailwinds are you banking?
27:04 As an LP, what do you look for in VC funds?
29:34 What is the timeline for healthtech companies from idea to exit?
30:19 What do you look for in GPs?
32:49 Hype investing
35:54 Can you invest with 100% conviction in an early stage startup?
37:44 Are you mapping out a startups journey to $100 ARR before you invest?
40:54 Unit economics at scale
42:24 What are some mistakes GPs make when they are trying to raise?
45:44 Portfolio construction
47:34 What is one piece of advice you would give yourself 10 years ago?
48:34 Moderate procrastination
Shubhra Jain: https://www.linkedin.com/in/drshubhra/
Tarsadia Investments: https://tarsadia.com/
Rishad Usmani: https://www.linkedin.com/in/rishadusmani/
HealthTech Investors: https://www.healthtechinvestors.com/
