Rungta passed on angel investing in OYO doubting its Airbnb-like model.
Abhishek Rungta · 100+ Investments, 8 Exits in 10 Years! Journey of Abhishek Rungta, Founder, Seeders VC & Indus Net · Jan 17, 2022 · at 29:02
Abhishek Rungta (founder of Indus Net Technologies and angel investor) reflects on his angel investing anti-portfolio and missed opportunities.
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“So I think one was, I think, Oyo I think I met Ritesh in Delhi in a Thai conference we discussed and I could not you know, I could not make up my mind that, you know why would someone sleep in someone else's house? Because earlier at that time, it was a different business. It was more of, you know Something like Airbnb, but obviously he pivoted that.”
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