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

First Principles

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How to Succeed as an Undergrad Entrepreneur

There is a very fine line that exists between doing new things for the sake of it and doing new things because you're trying to create diversity. A company going down takes down your capital with you, but a company really succeeding would potentially multiply your capital 10 X. The problem here today is the mix up between people thinking I'm in investment mode versus bad burn. "I think we've lost the ability to identify that spending $50 million on a cricket IPL advertising is an investment"

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