Hi,
Usually a well established revenue generating company gets funding through VCs and many other sources
But many short businesses or startups don't get the opportunity to raise funds to grow their business and end up taking loans with huge interes
Sad to see what happened with Koo. We need Indian social platforms but " recreating what already exists won't get us there."
Bhavish Agarwal on koo closure.
Every entrepreneur has two choices:
1. Carry the weight of existing solutions and try to fit in.
2. Redefine the problem and create a new solution.
Most choose the first path, hoping to succeed by tweaking what already exists.
But real innovation?
