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Ronnie Screwvala on why upGrad is neither a startup nor an edtech

First Principles

CHAPTER

The Myth of Growth

Staying the course is very important. But over the last, I would say decade, we've gotten used to this constant narrative of businesses being something which only grow. It's a fallacy to believe that. Is it not hard to retain employees because you're even the employee? How do you motivate people during that? In my 20 years, I've grown from 76 close to 87 kilos to 97 kilos to this thing. So if you look at your life in that thought process, there will be a slowdown period on anything else.

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