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The picture below is with my father !
He taught me to run a marathon
(silently) . I failed many times but he believed in me.
This year I learnt next thing on my own.
I am walking !
And will keep walking!
Happy Birthday papa ๐
Gagan Goyal ๐ฎ๐ณ
5,057 posts
Gagan Goyal ๐ฎ๐ณ
@Goyal4Gagan
seed stage VC @ indiaquotient.in
contranian picker of ๐ฎ๐ณ teams. my job is to be like a mind coach of athletes playing extreme sports ๐๐๏ธ๐ฝ๐๐
- In the early stage, the founder can't sell(convince) a VC about the market size. Each investor has an opinion (via fund thesis or liking or understanding) about a particular market, you cant change it. So better look for someone who believes in your rationale of market size.
- Humble request to Tier 1 funds / Global funds ๐ Do not continue to engage (+ data request) with a founder once you have closer to invest in their competitor. Either show courage to say that you are evaluating others or have some moral once you decide.
- The thing which annoys me most about the startup & VC culture. - Fundraising ability is respected more than the temperament of building a strong business. - Early up rounds are celebrated more than strong PMF signals - Growth is sexier than +ive unit economics
- I do not understand why ๐ฆ startups without solving their core business model (+ gaining enough growth) launches a 2nd business/product. I feel this more in India ๐ฎ๐ณ ๐ค
- I'm excited to share the news and a gratitude note !!!! This month, I got my first carry after 7 years in VC. Although it's a small cheque, it's a significant milestone. This is from @IndiaQuotient fund II. I did not play a role in the portfolio construction of this fund.
- IMO, cleartrip is one of the best travel site till date. No one could beat their UI and smooth booking experience. 14 years, Raised ~60 mil$, Getting sold for ~40mil$ Lesson: Business has to make money, having a great product is not enough.
- When I see "BITS Pilani" in a CV or Founding Team slide, I get a +ive feeling ๐คฉ Kudos to all the BITSian who brought this change to the Indian startup ecosystem in a short time ๐ @bitspilaniindia @BITSPilaniGoa @BITSPilaniDubai I am sure many non BITSian echo this thought
- Let's start tweeting about 100cr or $100Mn Annualised Revenue Runrate (not the GMV) milestone rather unicorn valuation or mega round announcement. Be a part of this cult!
- Bansal sir played the most pivotal role in my life. Some students are bright, but many are like me, who are not, and for them a great teacher can make a massive difference. I am the product of @BansalClasses and thousands more like me Genesis of #KotaFactory Om Shanti ๐
- Yesterday at a VC friend Diwali party a bunch of us were chatting I said I am very happy !!!! He asked - kyu ? Uprounds ho rahe hai, PMF aa raha hai ? What is happiness for you ? I shared my view - lasting happiness is the when you do not need an external trigger. It's a
- The first few hires in a startup are very crucial - they join because they like/know the founders or they believe in the idea. They set the company's culture, so the right mix of young high energy generalists and domain experts makes a strong initial team.
- Few folks from IIT & IIM have found a source in NY having OC in stock 90 of such units are about to airlift in 24 hours I personally spoke to them an hour ago.Already a large part of capital is raised, please help for rest - gofund.me/3dd2ddfa Twitter show the magic๐๐ฎ๐ณ
