“It was a little more than twenty-x. When Warburg came out when Warburg came in, we sold at a much higher multiple.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Mohit Gulati
Opinion
Gulati: Very few venture fund managers successfully return capital to investors
“I think our space has been one of the biggest problems or challenges with our space is very few fund managers have actually been successful in giving back money.”
Mohit GulatiMar 29, 2020▶ 7:39Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
Disclosure
Gulati: ITI Fund refuses to co-invest with angel groups or smaller investors
“We don't partner with you know, angel groups or, you know, smaller investors. We only partner with marquee people who add more value to that particular business.”
Mohit GulatiMar 29, 2020▶ 9:32Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
AssertionContradicted
Gulati: 98% of Americans listen to podcasts weekly while 98% of Indians do not know what podcasts are
“98% Americans at some point in time in the last one week alone have consumed a podcast. We are creating a podcast as we speak, but 98% of India doesn't even know what the word podcast means.”
Mohit GulatiMar 29, 2020▶ 15:17Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
Opinion
Gulati: Rapid 100x Growth Companies in India Suffer Higher Mortality
“I think India has seen far more mortality of hundred X growing companies versus they've seen steady growth.”
Mohit GulatiMar 29, 2020▶ 20:17Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
Opinion
Gulati: Paper Boat scaled quickly from nowhere and suddenly fizzled out
“Take an example, not just for a local, but I look at paper boat, right? A brand which was built out of nowhere scaled up really quickly and now suddenly fizzled off.”
Mohit GulatiMar 29, 2020▶ 23:29Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
Opinion
PhonePe and Google Pay are kicking Paytm's ass with superior products
“I think PhonePay is a phenomenal product. I think GooglePay is an even better product and both of which are kicking their asses, right?”
Mohit GulatiMar 29, 2020▶ 27:14Mohit Gulati, ITI Fund on why Hyper-investment is not a sure shot success for startups?
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