#BuildingConvictionInDeeptech
Lately, I’ve had a lot of questions as I dive deeper into the world of venture investing. This curiosity led me to speak with some incredibly seasoned investors, one of them being Mandeep M Singh, a veteran with over four decades of experience across corporates and investments.
Our conversation revolved around his new fund and my curiosity about deeptech investing. From what I’ve understood, deeptech demands immense patience, especially in the 0 to 1 journey. Given my current financial position, I sought his advice on whether it made sense for me to participate in a VC fund that has a longer gestation period.
His advice was simple yet profound, “Maybe start by investing in 1–10 deeptech funds first.” To do that effectively, he emphasized, one must back GPs who’ve spent at least 8-10 years investing in deeptech and truly understand its nuances.
That perspective stayed with me. It came from someone who has seen decades of cycles, how founders evolve, and how conviction compounds over time.
He also highlighted that most failures in deeptech occur, where patience, follow-on capital, and conviction truly matter. It’s risky, yes, but also where the biggest opportunities lie.
When I asked if now is the right time to invest in deeptech, his answer made me smile, “Five years ago was the right time. Today is the right time. And five years from now will still be the right time.”
His suggestion was to start small, maybe as an angel investor for the next five years, to build real conviction before transitioning into a VC role.
This conversation reminded me that conviction is deeply personal. You start when you’re ready but having the right mentor makes the journey that much more meaningful.
With so many emerging deeptech-focused funds in India, conversations with mentors like Mandeep Singh are invaluable. Massive respect for leaders like him who continue to shape and strengthen India’s deeptech ecosystem.
#deeptech
DeepTech requires a village and Garry Tan has done a strong job opening the aperture. Also leaning on some of my favorite alums and friends like Denis Mars and Renee Mars 🤘