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Investing in Adversity with Nitin Pachisia

By The Mission

Nitin Pachisia is a Founding Partner at Unshackled Ventures, a venture capital firm investing in and helping immigrant founders to succeed faster. After Nitin moved to the U.S. in 2005, he was ready to make the leap and create his own company but was faced with confusion and uncertainty. He was determined to find the answers to starting his new company and so he sought out advice from over two dozen different immigrant attorneys - all of which told him not to leave the company he was currently working for. The perceived dilemma? To start his own company, he may have to leave the country. Fortunately for Nitin, this simply wasn’t true, but it took him a lot of time to get to find the truth in the nuance. “I think the bigger problem than the immigration policy is the misinformation about immigration that's out there.” Nitin found that immigration attorneys didn’t fully understand the immigration laws. One good thing did come out of the confusion; he found the inspiration for his company. He decided to start Unshackled Ventures, a service dedicated to helping other immigrant founders experiencing the same frustration. “Our mission is to take care of founders who are immigrants to the country, and they can focus their time on building the company while we take care of nuances that are unique to immigrant founders.” Because of these unique challenges for immigrant founders, Nitin is looking for founders with a “strong adversity muscle” and he points out that many of the fastest-growing companies in the world are immigrant founded such as Google and Tesla. “Their own willingness to raise their hand that ‘I want to be in the United States’, gives them a purpose. They are also going through a journey that gives them that grit, that adversity muscle. We think that is what adds that slight advantage to an immigrant founder.” Unshackled Ventures is now 5 years old, with over 38 investments and about 100 successful immigrant filings under their belt. Because Nitin has lived the immigrant founders' journey himself, he understands that “it's not just about immigration, it's the whole package. A big component of what we get to do with our portfolio companies is working on access.” Nitin and his team at Unshackled Ventures not only help with capital allocation, access to investors and mentors but even help with securing leases and getting credit cards for founders. In this episode, Ian and Nitin discuss how Unshackled Ventures was founded, what Nitin and his partner are looking for in immigrant founders, and how they are uniquely positioned to attract the best founders from abroad. – Mission Daily and all of our podcasts are created with love by our team at Mission.org. We own and operate a network of podcasts, and brand story studio designed to accelerate learning. Our clients include companies like Salesforce, Twilio, and Katerra who work with us because we produce results. To learn more and get our case studies, check out Mission.org/Studios. If you’re tired of media and news that promotes fear, uncertainty, and doubt and want an antidote, you’ll want to subscribe to our daily newsletter at Mission.org. When you do, you’ll receive a mission-driven newsletter every morning that will help you start your day off right!

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