San an ace Economist always wonders how Deal Valuation happens with no actual business..
Mark the VC mentions in blunt tone
‘Bring in more customers or consumers and just imagine and put a value to that unit.. and multiply.. and zoom the valuation grows’
San begins laughing..
San ‘So this way India and China will beat the valuation game with the number of population they have’
Mark ‘hence investments keep happening there right’
San ‘but the core employment generators are in US and other part of countries. In India and China too there are some hardcore 1st gen entrepreneurs leading employment opportunities.
San ‘I feel valuation should have a purpose.. something which can serve multiple people.. an impact could be disruptive too but I fail to understand what will the few entrepreneurs who earned big time will do… just invest in small ventures and stack funds otherwise’
Mark’relax.. more startups will get funded’
PASSION FRAMEWORK 