Lunia: Excessive dilution leads founders to get ousted before major post-IPO gains
Anand Lunia · The India Opportunity, Youth’s BIGGEST Problem & Future of Startups | India Quotient VC on Neon Show · Nov 3, 2023 · at 1:14:26
Anand Lunia, founding partner of India Quotient, explains why maintaining founder control is necessary to build enduring, generational companies.
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“Most founders, when they dilute too much, they become irrelevant and get kicked out of their companies in 10 years, which happened to some of the names that we mentioned, and then they don't get the remaining 40 X because you know, the real juice is when you become profitable, when you list, you already are established as a monopoly. That is when you need to capitalize to create real generational companies.”
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