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How Urvashi Barooah broke into venture after everyone told her she couldn’t | TechCrunch

Jun 10, 2024 - techcrunch.com
Urvashi Barooah, who was rejected from MBA programs in 2015 for her "unrealistic" dream of becoming a venture capitalist, has been promoted to partner at Redpoint. Barooah, 33, joined the Silicon Valley-based firm four years ago and has been a principal since late 2021. Despite initial setbacks, she managed to break into the venture industry with no network or contacts in Silicon Valley, and is now one of the firm’s three partners focused on early stage.

Barooah's portfolio includes Dune Analytics, Offchain Labs, and The Rounds, among others. She has two new investments that have yet to be announced where she’ll be taking board seats too. Initially backing blockchain and crypto companies, she is now focusing on vertical SaaS startups utilizing AI. Barooah believes that the best VCs are flexible and willing to follow where the market is telling them to go.

Key takeaways:

  • Urvashi Barooah, who was once rejected from MBA programs for her dream of becoming a venture capitalist, has been promoted to partner at Redpoint.
  • Barooah, who grew up in India, applied to US business schools again in 2017 and landed a spot at Wharton, where she focused on learning about the venture industry.
  • She has been with Redpoint since landing an internship there after an estimated 50 cold calls, and her portfolio includes Dune Analytics, Offchain Labs, and The Rounds, among others.
  • Barooah believes her upbringing with entrepreneur parents makes her a better VC, and she is excited to expand her portfolio and take on more contrarian bets in her new role as partner.
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