Startup founders should focus on getting the right partners and investors rather than maximizing valuations, as the latter is fairly short-term in nature, Peyush Bansal, co-founder and chief executive of eyewear unicorn Lenskart, said on Thursday at the Bengaluru Tech Summit 2024.
"The right partner will see what you are seeing, trust you not just during good times but also in bad times, and think along with you for the long term. When we got investors like ADIA (Abu Dhabi Investment Authority) or Temasek, we knew these funds could stay with the company for 1O years," Bansal said during a fireside chat with Prashanth Prakash, founding partner of early-stage venture capital firm Accel India.
Esta historia es de la edición November 22, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 22, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Ukraine Clings To Sliver Of Russia, Expecting Trump To Push For Talks
In Russia's Kursk region just north of here, Russian assaults are so intense that their infantrymen sometimes step on the bodies of fallen comrades, according to Ukrainian soldiers opposing them there.
The Economy Must Also Thank The Constitution
It gave India the space to adjust its economic policy in favour of market forces. The irony at this stage is that even capitalist success might require the aid of socialist redistributive tools
Read This Before You Add That 'Instant' Food To Your Cart
Ultra-processed foods, which are convenient and engineered to be addictive, are a serious health threat in India
How Coldplay FOMO Could Lead To Burnout
The fear of missing out on Diljit or Coldplay concert tickets can impact mental health and lead people to make poor financial decisions
How Tim Cook Cracked The Code On Working With Trump
For years, through carefully choreographed dinners and meetings, Apple CEO Tim Cook did something that has eluded many other corporate leaders: He developed a personal relationship with President-elect Donald Trump.
Can Your Credit Card Portfolio Be Complete Without An Amex Card?
Experts weigh in on the advantages of owning an American Express card, but also highlight acceptance issues
Humility lends leadership an advantage in the age of AI
Research shows this skill can be deployed as part of a success formula in settings that need teamwork
Women entrepreneurs need the support of their very own tribe
Form clubs of fellow businesswomen for mutual aid and to serve as confidence boosters in male-heavy fields like finance
Google Chrome's divorce may be the start of a bigger split-up
Antitrust action will likely go beyond forcing its search engine out
This New Year, skip going on a detox or cleanse
Instead of fad detox trends, adopt a probiotics-rich diet to nurture a healthy gut
