Mega-rounds from funds like SoftBank overwhelm competitors regardless of execution
Sarbvir Singh · The most common mistakes founders make ? w/ Sarbvir Singh, Waterbridge Ventures · Sep 14, 2019 · at 13:13
Sarbvir Singh, Managing Partner at Waterbridge Ventures, explains why structural capital concentration poses a bigger challenge to startups than market size.
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“See what has happened in India, and I think it's a global phenomenon, not just in India that sometimes some industries get overwhelmed by too much capital. So one player is able to raise, you know, significant capital from one of the big guys, let's say soft bank or somebody, then what happens is that the rest of the players in the industry, even if they're doing a good job or whatever, basically just get overwhelmed. And if you happen to be in one of those players, it becomes a very difficult situation.”
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