Verma: Decacorns relying only on capital as a moat will not endure
Sameer Brij Verma · Episode 50 | Sameer Brij Verma, Nexus Venture Partners · Feb 14, 2020 · at 52:56
Sameer Brij Verma, Managing Partner at Nexus Venture Partners, assesses startup valuations and business model durability in late 2019.
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“I think there are a lot of crappy companies out there, if you ask me. They just, they all position themselves as decacons and there are no moats in their business other than capital is the competitive advantage. The day that goes away, they're not building a great service. They don't have happy customers. I don't know what the hell they're doing in so many ways, right? So, I think all these VCs are hanging around saying that, you know, beating their chest, thinking they've built great companies. I don't think they're enduring big companies.”
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