{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Sheel Mohnot on Seed-Stage Investing","description":"A pair of headphones tangling in the spokes of a bike is one of the more unique inciting moments of an entrepreneurial venture. While his entrepreneurial spirit would lead him to Hong Kong and scouting factories in Southern China, it was Sheel Mohnot\u2019s experience working in India with Kiva that would greatly influence his career as an investor. Impacted by the individuals he met, Sheel discovered a passion for investing in resilient and tenacious people. Sheel Mohnot is a seed-stage fintech investor, co-founder and GP of Better Tomorrow Ventures, and founder and GP of 500 Fintech. Inspired to \u201cwork on hard problems'' by renowned Professor C.K. Prahalad during his MBA at University of Michigan, Sheel has created and led a number of companies and served as a personal angel investor. In this episode, Sheel discusses the key lessons he has learned in fintech investing about dilution, recognizing resilient founders, and the reality of investing in an unsuccessful company. Sheel shares stories of his early ventures and insights into his current projects, including his collaboration with Jake Gibson on Better Tomorrow Ventures.  (3:14) \u2013 A father\u2019s journey (8:56) \u2013 High school and beyond (13:10) \u2013 Indicorps and Kiva (18:11) \u2013 Returning to business school (21:50) \u2013 The first entrepreneurial venture (29:36) \u2013 FeeFighters (38:54) \u2013 500 Fintech (47:08) \u2013 Investing in the jockey (51:41) \u2013 Better Tomorrow Ventures  Eric Satz\u2014entrepreneur, serial investor, lover of hot peppers\u2014 is the founder and CEO of Alto. The idea behind Alto was born out of a problem. Eric found a clear need to give people more control over their investments (and investment opportunities) in a simple, streamlined way and created Alto to make these opportunities available to all investors, not just the ultra-wealthy or institutional investors.&amp;nbsp; If you'd like to receive new episodes as they're published, please subscribe to The Altogether Show with Eric Satz in  Apple Podcasts,  Google Podcasts,  Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in  Apple Podcasts or  Spotify. It helps others find the show. Podcast episode production by Dante32 ","author_name":"The Altogether Show with Eric Satz","author_url":"https:\/\/altogether.show\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/23728478\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/131812457"}