Most of the startups are in loss and have no clue whether they would be able to make it to IPO, I've always been wondering how come so they get the funding in hundreds of millions?
Even though the early investors seek to make money off the next funding round but still!
It looks like a 21st century's quick rich scheme for founders!
Most of VC ecosystem in India is a club anyways
Club means?
They all know each other, most are mentally corrupt and circlejerkers
Because for a VC even if 1 or 2 out 10 startups go for IPO then then will make good returns.
Nops, honestly it is almost impossible for a Vc to make money. Read the records, historically less than 1% money is returned back to LP.
The bigger the fund, harder to return.
It should be very hard to get funded by VC, they are not meant for most of us, but then when you see how poor the complete portfolio of the so-called VCs are, it's as good as throwing a dart and winning.
But most heartburn is usually when you see this game rigged.
But honestly, most rigged game founders never make money.
Network
Why: I know that with all the job layoffs happening, it's kinda stupid to quit but I just can't. After almost a decade in the startup scene I'm taking a break, probably for good.
From AI to B2C to ed-tech and more I have worked with ...
in your organisation, who are the people who actually make more than a crore (in cash, ESOP not included).
I am trying to validate the stuff I hear from my friends that every other guy in startups is making butt loads of monies and I lo...
Today’s startups are using the interns/employees to the point of exhaustion(taking work of 12-14 hours) but returning in penny without any job security, you just do a small mistake(actually which may not be called a mistake also) and to ...
I had heard Waycool was also talking to raise at unicorn valuation, but they've fired like 300 people on Monday, so that's pretty uncertain. What to make of Zepto, though?
