Vipin Chamakkala – Venture Capitalist

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Vipin Chamakkala, the Principal of Work Bench Investing centered in New York City, invests in up and coming tech companies, helping them grow so that they can eventually make an impact on the industry. He specializes in machine learning/artificial intelligence architecture, developer tools, and cloud data technology.

As a venture capitalist, Mr. Chamakkala specializes in interacting with founders on a daily basis. With his experience, he emphasizes the importance of timing when bringing a new product into the market. Most people think that building the product is the most difficult part of the business process, but Mr. Chamakkala reveals the greater importance and difficulty in market analysis and selling the product. When choosing founding companies to work with, he selects based on track records and personality traits, especially enthusiasm.

He addresses the inherent mutability in all fields requiring professionals to constantly adapt to their respective markets. He provides ‘containers’ as an example that advanced the infrastructure field leading to new software company breakouts in the last six years. Additionally, new fields rise up with the introduction of related ones. Due to the emergence of Artificial Intelligence, others have created sub companies regarding explaining the ethics behind the decisions made in artificial intelligence algorithms.

As a child, Mr. Chamakkala came from humble beginnings but worked hard to supply for himself and his family. He started in elementary school with very simple business models like buying and selling Pokemon cards. As he grew older his ideas grew in complexity and gained momentum. By the time he got to high school, he began making about $300 a week. By age 16, he became popular on a forum named Gear Live due to his knowledge of surfing the internet to make money. Eventually, he brought home even more than his parents made due to the drive to provide his family and using new technology in doing so. He got up early before school and stayed up late at night to keep up with all of his businesses.

However, he regrets not staying up to date with the market in his high school years leading to eventual losses and advises others to pay attention to the business world at an early stage to gain a knack for trends.

From the start, Mr. Chamakkala wanted to start a business and began Venture Capitalism to get his feet wet in the Business World before taking the large risk of starting his own business. He still believes that there is a lot more to learn from other founders he meets and hopes to break off and create a productivity company in later years.

To combat stress and the fear of failure, Mr. Chamakkala claims that stress is inevitable and emphasizes the importance of using eustress for benefiting their productivity. He advises keeping the end goal in mind to combat negative feelings of quitting which are bound to arise at some point in your career. 

He emphasizes removing emotions out of important decisions. Emotions are instantaneous and many look back to certain moments and regret being overcome by anger or fear. However, logic and thought are upheld through time.

He believes that real-life experience trumps a college degree due to the nature of the business field. The most valuable experience in his college days was not sitting in a classroom learning about numbers but instead, building a fair-trade business in Kenya and Nairobi as a microfinance project which taught him the “human” side of the business.

“You don’t have to be the best at everything.” Specialization in a couple of fields is far more superior than mediocracy in everything.

He recommends reading “Small Data” in which he learned many fundamentals of business and market analysis: “Pay attention to the smaller details that can signal the rise of new industries and be open to talking to others regarding business initiatives.”

His main message transcends the business field. He motivates others to follow their passion and do what they are good at. The money will follow.