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The NEXT 10 Years Of Indian Education System - Ronnie Screwvala & Raj Shamani on Figuring Out 107

Raj Shamani's Figuring Out

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The Importance of Valuation

Abhura: 90% of business ideas today are accumulated bases, not bases on how they're funded by nine crazy VC and private equity investors who want to just throw money on people. Some few investors have decided to overvalue you but I don't think can go to that level. So we should not use that as the gold standard or as that as a benchmark for anything from that point of view. But this gold standard that we put on this self-acclaimed back thumping, chest thumping approach, because five people backed you at a certain valuation and you managed that, your problems are all starting now. There's a statutory warning. Your problems start now.

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