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Chirag
•

&OTHERS • 1d

How many second chances does one founder get? Why do the good ones have to suffer because of a few bas ones? From Housing.com to Broker Network (4B Networks Pvt Ltd) to now Kult — that’s three companies, hundreds of crores raised, and yet the story seems to follow the same arc: hype, headlines, chaos, and collapse. Housing.com raised over $100M, only to see Rahul ousted by the board for behavior that “wasn’t in the company’s best interest.” 4B Network raised ₹288 Cr from Info Edge India Ltd. It shut down quietly. Now, Rahul Yadav’s firm — reportedly received ₹15 Cr through interest-free loans, with no transparency, no explanation. And while all this plays out, I see brilliant, grounded founders—building in silence, solving real problems—struggling to get even one meeting, let alone a term sheet. How are we still letting repeat offenders cruise through the ecosystem? Is it charisma? Connections? Collective amnesia? And that’s not the startup India we all signed up to build.

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Aastha

All about Startups, ... • 20h

I believe the concept of due diligence is flawed. Doing a reference check isn’t some big, fancy due diligence. It’s just basic common sense. - speak to former investors - speak to vendors they worked with - Talk to people they worked alongside(past teammates) Find out: What really happened last time? Very bare minimum thing.

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