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Ashish Toshniwal

16 statements across 2 episodes · 5 bullish · 2 bearish · 2 people on the record · first statement Oct 22, 2025 by Ashish Toshniwal · across every show →

On the record as a speaker too: Ashish Toshniwal's record, appearances and statements → this page counts the times other people say the name.

Everything said about Ashish Toshniwal, oldest first

Oct 22, 2025 negative
What-if
Toshniwal: Taking venture capital would have worsened financial outcomes for YML employees
“I think the outcome would have been, probably the personal outcome would have been worse for not just me, but also the people at YML.”
Ashish Toshniwal Oct 22, 2025 ▶ 36:35 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 neutral
Assertion Not checkable as stated
Toshniwal: His early Facebook app business died overnight after platform policy changes
“Third idea was around Facebook apps. And my co-founder, he did a course in Facebook apps and he did his masters in Stanford. So, you know, he became an expert in Facebook apps. And that actually did well for some time until Facebook changed its policy and you …”
Ashish Toshniwal Oct 22, 2025 ▶ 6:03 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 negative
Opinion
Toshniwal: Bay Area startups treat raising venture capital as a badge of honor
“And you know, in the Bay Area, if you're bootstrapping your business, people look at you as if like something is wrong with you because it is unheard of. I think like raising money is such a badge of honor instead of like, you know, how you're servicing your c…”
Ashish Toshniwal Oct 22, 2025 ▶ 2:29 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025
Assertion Not checkable as stated
Toshniwal: Individual enterprise client accounts generated over $70M in lifetime revenue
“Some of the clients have stayed with us over six, seven, eight years, and each account was worth maybe over seventy million dollars, you know, sometimes over a seven, eight, nine year period.”
Ashish Toshniwal Oct 22, 2025 ▶ 21:33 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 positive
Assertion Not checkable as stated
Toshniwal: YML generated roughly $80 million in cash flow over six years
“That is a significant, because if you look at those six, seven years, you know, if I accumulate the whole six, seven years, I think our cash flow was close to eighty million dollars.”
Ashish Toshniwal Oct 22, 2025 ▶ 32:39 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 positive
Opinion
Toshniwal: Founders should take early liquidity because AI disruption creates massive risk
“And another thesis was how you go early with startups. And you are also taking some chips off the table until they go IPO or, you know, wherever they go, which obviously is a good idea in my opinion, because with the Chad GPT era, the risk is massive, even for…”
Ashish Toshniwal Oct 22, 2025 ▶ 43:44 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 bullish
Assertion Not checkable as stated
Toshniwal: YML maintained a 59% average annual growth rate for a decade
“So our growth from 2016 to 23 was, I think, seven times, seven to eight times. I think if I look at the growth over the last 10 years before I sold, we grew at like 59% as an average annual rate of growth.”
Ashish Toshniwal Oct 22, 2025 ▶ 29:01 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025
Assertion Supported
Toshniwal: YML reached approximately $10 million in revenue by 2015
“I think two, 15, 16, we were close to ten million in revenue.”
Ashish Toshniwal Oct 22, 2025 ▶ 16:36 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025
Assertion Not publicly verifiable
Ahluwalia: Toshniwal sold YML for $350M with $25M peak EBITDA
“You started from Kolkata, lived in a fifteen-member home with one washroom, and now you build a company and sold it for three fifty million dollars. It had like twenty-five million EBITDA at its peak.”
Siddhartha Ahluwalia Oct 22, 2025 ▶ 1:42 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 positive
Assertion Not checkable as stated
Toshniwal: YML generated six acquisition offers in three weeks during 2015 process
“Like, I think he generated close to six offers in like two to three weeks.”
Ashish Toshniwal Oct 22, 2025 ▶ 14:26 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025
Disclosure
Toshniwal: YML's founders were the company's lowest-paid employees for seven years
“You know, I think like Sumit and I, we were the, probably one of the cheapest employees in the company, even after running it for like seven years, six years.”
Ashish Toshniwal Oct 22, 2025 ▶ 18:05 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 positive
Assertion Supported
Toshniwal: Pivoting YML to enterprise mobile development drove the company's ultimate success
“And Sumit and I discussed like, how about we Actually pivot to make other companies mobile first. And that pivot, you know, made YML what YML became. That was the most successful pivot.”
Ashish Toshniwal Oct 22, 2025 ▶ 12:35 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Oct 22, 2025 neutral
Disclosure
Toshniwal: He rejected early Credit Karma equity for cash building their app
“We built their first product mobile app and we were offered, and they were also very small. Those were like pre series a company. And they were like, look, Kashish, why don't you take some equity instead of”
Ashish Toshniwal Oct 22, 2025 ▶ 37:11 How Ashish Toshniwal built a $350M Co after an email from Steve jobs | Ashish Toshniwal
Dec 30, 2025
Assertion Not checkable as stated
Top YML enterprise client accounts exceeded $70M over seven-plus years
“In fact, some of the clients have stayed with us over six, seven, eight years, and each account was worth maybe over seventy million dollars, you know, sometimes over a seven, eight, nine year period.”
Ashish Toshniwal Dec 30, 2025 ▶ 40:24 Best of 3500 Minutes from Top Founders & Investors in 2025
Dec 30, 2025
Insight
Founder CEOs cannot scale without firing and rehiring themselves
“And I don't think any founder CEO can scale a company until they do this.”
Ashish Toshniwal Dec 30, 2025 ▶ 37:35 Best of 3500 Minutes from Top Founders & Investors in 2025
Dec 30, 2025
Insight
Product design is hard to offshore due to missing cultural context
“And design is such a thing, it's very hard to offshore, because it's so cultural. Just imagine if, you know, someone has not experienced Disney, and they have not experienced how healthcare system works, or they have never bought an automobile insurance in the…”
Ashish Toshniwal Dec 30, 2025 ▶ 42:48 Best of 3500 Minutes from Top Founders & Investors in 2025
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