Pitti: VC money dried up in travel because funded startups failed to deliver returns
Prashant Pitti · Bootstrap to IPO in 10 years ft. Prashant Pitti, founder EaseMyTrip · Dec 28, 2021 · at 25:39
Prashant Pitti, co-founder of EaseMyTrip, explains how venture capital pullbacks created a level playing field for bootstrapped travel businesses.
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“See, eventually one day for, I can speak for my industry, my travel industry, the money has dried up. The VC money has dried up just because none of the players have successfully delivered the value. To the VCs, to the PEs, to the banks.”
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