In this episode, Hall is joined by Sid Mookerji of Silicon Road, an early-stage fund, accelerator, and advisory group focused on retail and eCommerce. After founding a custom application development firm for eCommerce and retail, Sid saw the opportunity for a good exit and entered the world of venture capital.
Sid talks about what excites him in retail today and provides advice for investors looking to get into eCommerce and retail. For startups, Sid advises focusing on customer and market fit. Sid also discusses how the changing landscape of retail has exposed needs and led to innovations in both eCommerce and brick-and-mortar retailers.
In addition, Sid highlights a few of the startups Silicon Road has invested in, and why. He points to change management as one of the biggest hurdles for larger retailers, and he explains how startup innovation can help. Finally, Hall and Sid discuss two areas of technology currently disrupting the space: Last-Mile Delivery and Augmented Reality.
You can find Silicon Road at siliconrdventures.com
Sid can be reached on LinkedIn at linkedin.com/in/mookerji
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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.