Lessons from microfinance for venture capital
Venture capitalist Anjney Midha travelled to Bangladesh to study the Grameen Bank model and observed how the peers of the applicant were better decision makers about the validity of a loan than officials. Midha shares with us the experiments going on at universities where a peer network runs the VC fund and makes all the decisions.
Recorded at INK2014, Mumbai
About the Speaker
Venture Capitalist; Partner, KPCB
Anjney is a partner at the American venture capital firm Kleiner Perkins Caufield & Byers, where he focuses on consumer digital investments and ProductWorks, the firm’s newly launched platform to help entrepreneurs develop transformative products through Engineering, Design, and Product Management. Anjney joined KPCB from First Round Capital’s Dorm Room Fund (DRF), where he was a founding Managing Partner. While at DRF, Anjney focused on the fund’s investments in early stage internet technologies.
In 2012, Anjney was named the youngest Google Policy Fellow, and in 2014, organized the first Stanford Cryptofolks summit for applied cryptography. Anjney pursued undergraduate and graduate coursework at Stanford University.