Guglani: Competition is for mediocrity, because genuine excellence has no competition
“Competition is for mediocrity. Excellence has no competition. So if you are, if you truly understand the nature of business, basically you know that excellence is very rare. It's very hard to achieve. And if you can achieve excellence, you will be anywhere abo…”
Guglani: Founders who prioritize rushing outcomes do not build enduring successes
“In fact, honestly, what I've seen is all the high speed ones, which have been about with they don't go places.”
Guglani: Startups founded purely for popularity or external validation never go far
“If the reason is an external achievement that I wish to achieve popularity, validation, or certain financial outcome for myself, or I need to prove something in the world. No, that will never go too far.”
Guglani: SuperMorpheus is setting up a $10M-$20M Singapore fund
“So as of now, we are quite close to setting up a fund in Singapore, which will be a small fund and to 10 to twenty million dollars mostly money will be raised from the community and the individuals who are already connected to us.”
Guglani: SuperMorpheus syndicate completed over 35 investments in under a year
“While 300 people are working together, about hundred of us are also part of the syndicate, basically, where we make make engine investments, and over in less than a year, I think we have made 35 plus investments.”
Guglani: Morpheus shut down because ecosystem founders prioritized valuation over culture
“And we tried to talk to founders, nobody was interested. So we took a call to shut down the project. We did not want to be part of that kind of ecosystem.”
Guglani: Morpheus originated by offering 8-10 weekly advising hours for 1% equity
“I came up with this number of one percent and I said, Hey, we'll do one percent equity and me and Nandini will help you eight to 10 hours a week. And basically we do a six months resting so that if there's a breakup in between you know, one can kind of settle …”