Get All Access for $5/mo

"Go Back to the Drawing Board, Build Real Start-Ups" Receiving funding without a plan for growth may actually be harmful for start-ups

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

With a galore of start-ups around him at SURGE 2016, Subrata Mitra of Accel Partners stressed on the need to build real start-ups.

What investors are looking for

"I think this whole branding start-up and funding in one brush is not the right way to look at it. What we do is when a startup comes before us we look at the validity of the idea and how big can it get and is the team good enough to execute it and based on that we make funding calls" said Subrata.

Receiving funding presently doesn't mean an insured future

"I think for the right companies funding will continue to happen but if you are only in the business of going from Series A, to series B, to Series C without having the accelerated value proposition those companies might get into more trouble. Therefore the my two cents to entrepreneurs would be go back to the drawing board, build real start-ups which has the potential for real revenues, show us how it is going to be built out, what are the differentiators when you guys put together. Those very basic fundamentals things if you put together, I think good companies will still get funding."

Adapting for the market

"Entrepreneurs are very sophisticated people, they have done their homework and when the markets were going crazy they were actually taking advantage of it. So when the markets are not so crazy they have to learn how to live with it"

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Business News

SoftBank CEO Says AI 10x Smarter Than Humans Could Be Here in a Matter of Years

SoftBank CEO Masayoshi Son spoke to shareholders during the company's general meeting on Friday.

Business News

Olive Garden Is Planning to Increase Prices at a 'More Consistent' Rate Due to Inflation

The fast-casual chain saw a slight decrease in same-store sales during fiscal Q4 2024.

Business News

Amazon Is Thinking About Charging Extra for AI Alexa

"Hey Alexa, how much are you going to cost?"

Making a Change

Invest in a Lifetime of Learning for $100

Skill Success features a wide variety of e-learning courses on business, finance, and more.

Lifestyle

International Yoga Day: From Shilpa Shetty to Malaika Arora, Celebs who took the entrepreneurial route with yoga

On the occasion of International Yoga Day, here we take a look at how Shilpa Shetty Kundra, Malaika Arora, Lara Dutta, and many other celebrities not only practice yoga religiously but also turn their lifestyle choices into profitable businesses.