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Sheel Mohnot
GP at Better Tomorrow Ventures; seed-stage fintech investor
Sheel Mohnot is a prominent figure in the fintech industry, serving as a Board Member at Coast and as a General Partner at Better Tomorrow Ventures, where he focuses on seed-stage fintech investments. Based in the San Francisco Bay Area, he is recognized for his expertise in mentoring and building companies within the financial technology sector.
In addition to his role at Coast, Mohnot is involved in launching specialized accelerators for fintech startups, such as "The Mint," which aims to address the unique needs of fintech founders by providing tailored support and resources. His experience includes working with notable companies in the fintech space, further establishing his reputation as a valuable partner and investor in the industry.123
Highlights
The field of accounting is changing dramatically, and Basis is leading the way with their AI agents that are deployed and working in top accounting firms.
Excited to welcome @rabois, @natfriedman and many of the top minds in AI to the team with their $34M series A.
Tulip mania is a fun story/symbolism but was not real
The popular story references a single bulb becoming the most expensive item in the world, but that reporting has been debunked as coming from a satirical pamphlet, not actual records.
Modern historians say there was some speculative trading in tulips but all in futures contracts that were unfulfilled, so it had almost no impact on the economy.
It does make for a great story: people succumbing to greed, paying absurd prices for flowers, and learning a hard lesson... and fits a broader cultural narrative that people love to apply to crypto, though it doesn't really fit - tulips degrade and you can make more of them, etc etc etc.
![Lightspeed Venture Partners leads $4.3M seed in automated financial reporting fintech InScope - Tech](https://techcrunch.com/wp-content/uploads/2024/06/Kelsey-Gootnick-and-Mary-Antony-Cowan-7105.jpg?resize=1200,675)