Back

Hari kiran

Insight guru • 4d

Reading books like 'Gambling Man' by Lionel Barber gives a great insight about what goes in the minds of a venture capitalist . It's not always that a VC money reaches the place it deserves. Many times it can just be a way of routing into some place in lieu of circumstances. The insane funding of 4B and hence the growth of the company like WEWORK was not done on the basis of its potential. A desperate need of Masayoshi Son to prove to the investors into Vision fund and a deal which was forced by trump made Masa throw money at a company. The fact that even Neumann got shocked looking at the figure Masa wanted to invest initially but when the funding was approved , how Neumann scaled his company aggressively and the conflicts between Masa and Neumann because Neumann wanted more funding to finish what he started is another great story in itself. The reason was this post is to emphasize the importance of the relation and transparency required from both investor and founder while making a deal. If the funding comes from any reason other than conviction on the prospects of business , the relationship doesn't last for long .

Reply
2

More like this

Recommendations from Medial

Hari kiran

Insight guru • 28d

Is Masayoshi Soon really a visionary or he's lucky to be at the right places at the right times? Does the success of a start up like WeWork owes to the desperation of Masa to anyhow utilize the 100 billion Vision fund? This book "Gambling Man" by

See More
Reply
3
Image Description
Image Description

Vishu Bheda

 • 

Medial • 7m

In 2018, he threw a $2 million party to show off his startup’s success. Private jets. Celebrities. Live music. But just a year later, his over-the-top lifestyle cost his company $47 billion. Here’s how one CEO’s bad decisions destroyed a billion-d

See More
27 Replies
23
42

Kolkata Index

News on Infrastructu... • 7m

Back in September 2011, history was made when Lionel Messi, the GOAT of football, graced the city of joy, Kolkata. The Salt Lake Stadium turned into a sea of roaring fans as Argentina faced Venezuela in a thrilling international friendly. For many of

See More
Reply
Image Description
Image Description

The next billionaire

Unfiltered and real ... • 9m

Sajith Pai recently posted TIL that Doug Leone was v unhappy w Masa for 'overfunding' Oyo, and giving their voting rights to Ritesh Agarwal. The culture clash is real: Doug Leone: "Oyo doesn't need the money" Masa: "We will give him so much mon

See More
14 Replies
18
41
Image Description
Image Description

Alokh k

Hey I am on Medial • 1y

What all are the finance options we have as an entrepreneur to start a company I just wanted to know how to get the funding for projects

4 Replies
8

Comet

#freelancer • 1y

CHOSEN, a startup that specializes in skincare and is located in Chennai, has successfully raised $1.2 million in funding. The funding was obtained through a seed funding round and was provided by a combination of friends, family, and investors w

See More
Reply
6
Image Description

Medial User

Hey I am on Medial • 4m

Shark tank pe jo vompeny 40 /50 Lac loss karti he usko funding milta he vo bhi big deal wow i dont undstand but no one can do real wanted person funding ....? why

3 Replies
9
Image Description
Image Description

Rohan A

On My Way • 4m

In 2018, the flight crew of the private plane Adam Neumann rented for a trip to Israel found a sizable chunk of drugs in cereal boxes. After this event, WeWork acquired a Gulfstream G650 for $60 million. I wonder why WeWork was still in losses 😏

2 Replies
6

Somnath dhindhe

The new era begins • 5m

FredSmith_FedEx_YS Fred Smith was an undergraduate at Yale University in 1965. As part of the coursework, he wrote an economics paper exploring the process of transportation of goods in the United States. He found that the shippers relied on transpor

See More
Reply
1
Image Description
Image Description

Nishant Supekar

Hardwork is key to s... • 4d

How can I get my first b2b deal as a startup? Who should I reach in the company to get a deal

7 Replies
7

Download the medial app to read full posts, comements and news.