“But I think it's not a replacement for public market and FB or mutual funds. I don't think that's the right way to think about it. You should take some bets, but I think it's a lottery budget.”
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More from Abhishek Goyal
Opinion
Startup ecosystem should actively support Byju's despite widespread public negativity
“There is so much negativity around by Jews now, but I think that they are scaling well. We should work on what needs to be fixed, but I think we should sort of support them and make sure that they see the, you help them reach their peak potential.”
Abhishek GoyalApr 19, 2021▶ 25:54Inside the mind of Abhishek Goyal, Co-Founder, Tracxn | 100x Entrepreneur Podcast | Top Podcast Ep
Insight
In late-stage investing, fundamentals follow capital, not the other way around
Abhishek GoyalApr 19, 2021▶ 29:42Inside the mind of Abhishek Goyal, Co-Founder, Tracxn | 100x Entrepreneur Podcast | Top Podcast Ep
Insight
Goyal: Raising at peak private valuations delays an IPO by five years
“Public market anyways give lower valuation than private market. And if the peak of private market, if you raise at the premium valuation, you can't do IPO for five years then.”
Abhishek GoyalOct 25, 2022▶ 32:22The Process & Preparation of IPO Ft. Tracxn Technologies Founders Neha Singh & Abhishek Goyal
Insight
Strict VC ownership minimums cause funds to miss out on 100x winners
“And that is why I believe that if you have minimum ownership requirement, and hence you will lose out on a winner because of that, then you are, even at hundred million pre, there is an upside potential of hundred x now, which was, which didn't exist in 10 yea…”
Abhishek GoyalApr 19, 2021▶ 22:50Inside the mind of Abhishek Goyal, Co-Founder, Tracxn | 100x Entrepreneur Podcast | Top Podcast Ep
Insight
Winning modern VC means backing rocket ships regardless of entry valuation
“So I think the new playbook, in my opinion, where the depth is going to be very crazily deep is just whenever you find a rocket ship, whatever it takes, you get into that boat or you get into that rocket ship and ride it through. And that is what will matter m…”
Abhishek GoyalApr 19, 2021▶ 24:56Inside the mind of Abhishek Goyal, Co-Founder, Tracxn | 100x Entrepreneur Podcast | Top Podcast Ep
PredictionOpen · timeframe Apr 2031
India will produce one hectocorn and five decacorns annually within ten years
“My, but my sense is that India will be producing in 10 years or less, India will be producing one hectocon a year and at least five decocons in a year.”
Abhishek GoyalApr 19, 2021▶ 34:42Inside the mind of Abhishek Goyal, Co-Founder, Tracxn | 100x Entrepreneur Podcast | Top Podcast Ep
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