Right product, team and market vital for building scalable startups
7 March 2019 10:56 PM IST
The Insolvency and Bankruptcy Code?has changed how promoters look at their liabilities, say analysts.One has to also evaluate the sustainability of the business model to achieve that scale, while one is looking for scalable businesses
- It is important to take the right call on the product, the team, the market trend, and the timing in early-stage investments to find the right investment bet to help startups scale up to become billion-dollar ventures, said senior venture capital investors during a panel discussion on Venture Capital: Building billion dollar businesses at Mint India Investment Summit.
- The tech or product, team and the market, these make a great business.
- That CAGR in a 7-8 year cycle gives you an outcome that is very large," said Gaurav Sachdeva, managing partner, JSW Ventures.
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