3min chapter

First Principles cover image

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

First Principles

CHAPTER

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"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode