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Checking the market’s temperature with Bain’s Ajay Agarwal

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Joshua Herbert
May 20, 2016 21:00
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TC: Bain Capital Ventures opened its first office in the Bay Area five years ago.

Now you have an office in Palo Alto and you re moving into a bigger office soon in San Francisco, too.

If you think about it, we have all these peer-to-peer marketplaces bringing together strangers, but the state of the art — background checks — is a flawed process.

It can verify if the information you send someone is accurate and distinguish between a typo and whether you re trying to fool someone on an application .

TC: Bain generally backs business-to-business startups, but there ve been rare exceptions.

When Kiva had six terms sheets and was trying to determine who to pick, we introduced the company to the head of distribution at Staples, who said Staples was likely to become a customer and became one six months after we invested.

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Joshua Herbert
May 20, 2016 21:00
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