Sasha Mirchandani, the Managing Director and founder of Kae Capital, an early stage venture fund, weighs in on the current challenges in the Indian startup ecosystem Q: With funding drying up, valuations being slashed and employees being laid off, it’s a difficult environment for startups. Who is…
Tag: FOMO
VCs go back to basics, start-ups told to improve unit economics
After vying with each other to invest in start-ups at high valuations in the past few years, investors spent much of 2016 in cleaning up their portfolios, asking start-ups to reduce their cash burn, improve unit economics, and extend their runways (life). Several start-ups, which had no future, s…