Rajan Anandan: Governance failures are a global VC issue, not unique
Rajan Anandan · Ep #9 | WTF is Venture Capital? Ft. Nikhil, Nithin, Rajan A., Prashanth P. & Karthik R. · Nikhil Kamath · Sep 2, 2023 · at 33:47
Rajan Anandan (MD at Peak XV) pushes back against Nikhil Kamath's suggestion that Indian startup governance issues specifically damaged LP trust.
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“FTX, okay, is like 10 times. You look at FTX, you look at, this doesn't happen only in India, right? I mean, I know it's happened to us, and obviously we should collectively do a lot more to make sure that we mature the ecosystem that we used to be. But if you're a global investor, FTX was ten billion, right? Total value lost was ten billion, not, not what the venture capitalists lost. We are yet to see one, and that's one of several that have happened.”
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