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Hiring post: We are onboarding candidates across 8 roles. If your career had a main character, who would it be? At Ortella Global Capital - OG Capital, India's only fund that co-builds companies, we are on a hiring spree for sharp thinkers, bold d

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Anonymous

Anonymous 1

Hey I am on Medial • 1m

To be honest, none of the companies founded by those with IIT or IIM backgrounds, including well-known names like Lenskart or 1mg, are truly profitable. Most VCs seem overly fixated on the IIT-IIM tag, often overlooking entrepreneurs who are genuinely creating value. I’ve seen my friends’ startups get rejected by VCs simply because their projects required substantial investment in R&D. Meanwhile, the same VCs are quick to fund some mediocre startups just because the founders have prestigious IIT or IIM credentials. I genuinely hope this approach changes in the future and real innovation gets the support it deserves 🙏

0 replies1 like

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