Hey I am on Medialย โขย 8m
AI astrology startup? SERIOUSLY? This is peak bubble behavior. Accel used to have a reputation for backing solid, sustainable businesses, not pseudo-science cash grabs. This signals they're getting desperate for returns as the Indian tech ecosystem matures. Also worth noting that their biggest wins (Flipkart, Freshworks) were from their earlier, smaller funds. As their fund size has grown, their ability to pick winners seems to be diluting. They're writing bigger checks into later stages which fundamentally changes their risk profile and incentives.
Believe me, itโs not...ย โขย 8m
Accel in India has come a long way. Entered 2008โ acq. Erasmic Venture Fund โtransforming EVFโs $10 M seed fund into 'Accel Venture Fund I'. Fund II closed in 08' with $60 M. Fast forward to today, the latest fund has 10xโed, closed at a $650 M co
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Medialย โขย 9m
Top News of the Day: 1. U.S. President Donald Trump announced three cryptocurrencies, XRP, SOL, and ADA, to be part of a new U.S. crypto strategic reserve, leading to a significant price spike for these assets. 2. AJVC, an early-stage venture capit
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ADJUVA LEGALยฎย โขย 6m
The Surprising Metric We're Proud Of - 93 Refunds. Yes, You Read That Right ๐ซฐ Time for a half-yearly review! Many founders talk about sales, growth, and user numbers. But today, I want to share a different metric. From January to June this year,
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Entrepreneur, musici...ย โขย 5m
As entrepreneurs, weโve all worked with a lot of Soham Parekhs. They begin okay, and then you find out that theyโve been working at 4 places, just because you werenโt that horrible, Hari Sadhu type annoying micromanaging boss. And then when the leve
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Pharmeasy had raised a total $1.6 Billion at a peak valuation of $5.6 Billion. And now the company is pretty much done and the founders are out. It's quite an interesting story.. When Pharmeasy acquired 66% in Thyrocare (a 30 year old, strong and pr
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Medialย โขย 1y
Top News of the Week: 1. Funding: - On a weekly basis, startup funding barely increased 3.9% to $402.34 million as compared to around $387.23 million raised during the previous week. - 17 Indian startups raised around $402.34 million in funding th
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