Sameer Guglani, founder of Supermorpheus, explains how founders can transcend competitive pressure by focusing entirely on internal craft and excellence.
“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 above and ahead of the competition, right?”
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More from Sameer Guglani
Opinion
Guglani: Late-stage funded startups become miserable, dark workplaces obsessed with growth
“From a very happy and light workplace, which is creating magic, it started transitioning into a unhappy, miserable, little, but dark workplaces where there was a lot of focus on growth and valuation without really caring about what was happening to the humans …”
Sameer GuglaniDec 13, 2021▶ 18:45Supermorpheus, India’s first community driven fund ft. Sameer Guglani
Insight
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.”
Sameer GuglaniDec 13, 2021▶ 41:39Supermorpheus, India’s first community driven fund ft. Sameer Guglani
Insight
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.”
Sameer GuglaniDec 13, 2021▶ 43:54Supermorpheus, India’s first community driven fund ft. Sameer Guglani
Disclosure
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.”
Sameer GuglaniDec 13, 2021▶ 19:05Supermorpheus, India’s first community driven fund ft. Sameer Guglani
AssertionNot checkable as stated
Guglani: All Morpheus Fund 1 investors profited and still hold equity
“All of them who invested in our first fund actually made a, have already made a decent amount of money and there is still equity left in that.”
Sameer GuglaniDec 13, 2021▶ 15:36Supermorpheus, India’s first community driven fund ft. Sameer Guglani
AssertionNot checkable as stated
Guglani: Vijay Shekhar Sharma was the first check in Morpheus's third fund
“Vijay Shekhar Sharma, the first guy to give us a check. Rajan was there, Rajan and then Bloom, India Push and Ganesh, all of our LPs, previous ones, they repeated, they brought their friends.”
Sameer GuglaniDec 13, 2021▶ 15:59Supermorpheus, India’s first community driven fund ft. Sameer Guglani
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