EXPOSING Startups & VC Money Secrets - Plivo Founder Venky | FO 118 - Raj Shamani
Raj Shamani's Figuring Out
The Role of VC Money in Startups
This chapter discusses the importance of raising external capital for startups, while also emphasizing the need for businesses to be able to sustain themselves without relying solely on VC money.
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In this podcast we are in conversation with Venky Balasubramanian. Venky is the co-founder and CEO of Plivo, cloud-based communications platform that simplifies how businesses integrate communications into their applications.
Venky shares his insights on the future of India and why he believes that India is poised to overtake China as the world's leading economy.
We discuss the two major challenges facing India: the lack of skilled workers and the low consumption rate. He explains why India needs to move away from its "jugadu" culture and adopt a more professional approach. He also talks about the differences between China and India, and why he believes that India has a better chance of success.
Venky also shares his thoughts on the VC money & current startup dynamics in the country.
Finally, Venky shares his thoughts on the future of AI and how it will disrupt the telecommunications industry.
This is a fascinating and thought-provoking podcast that gives you a unique perspective on the future of India. Watch it till the end and don’t forget to like, subscribe & share.
Check Out:
https://www.plivo.com/
https://www.plivo.com/sms/
https://www.linkedin.com/in/bevenky
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Timestamps:
00:00 - Introduction
02:23 - China facing difficulties
03:39 - 2 major challenges of India
08:26 - Jugadu attitude of Indians
09:36 - Difference between China & India
17:05 - Work culture of Brazil
18:38 - Indonesia Vs India
20:08 - Why will India win?
22:42 - Startups without VC money
25:15 - Zudio story
26:27 - MamyPoko Pants story
29:20 - Underdog startups in India
32:22 - Story of Plivo
37:08 - Biggest risk of a startup
39:43 - How AI is disrupting startups?
47:15 - P&G story
49:54 - Biggest mistake startups make
54:42 - Conclusion
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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
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