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Description:
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From investing all his savings in Sahil Barua's Delhivery in 2011 to becoming an angel investor in 130 Indian startups, the story of Abhishek Goyal, Co-founder, Tracxn is worth listening for everyone in the ecosystem. Being an Ex-Yahoo & Amazon employee, Abhishek stepped into the startup investing ecosystem with Accel Partners in 2008.
Traxcn aims to become the largest platform tracking Innovative Startups, Private Companies & Emerging Sectors globally. They track millions of companies, to enable Investors & global corporates to track sectors of their interest effortlessly.
During the podcast, Abhishek talks about how to identify founders who’ll make category-creating startups, important signals to predict a brand’s success, starting as an Angel investor in the ecosystem.
Notes - 03:06 - Background with Yahoo & Amazon, joining Accel Partners 09:58 - The story behind Accel's investment in Flipkart 16:33 - Identifying patterns and traits in successful founders 18:09 - Unlearning your existing beliefs as an investor 22:01 - Explaining Unicorn startups and the general notion of ownership amongst investors 29:47 - Importance of customer signals at an early stage 31:28 - “Capital doesn’t follow fundamentals, fundamentals follow the capital.” 36:10 - “10 years later we as Indians won’t be celebrating Unicorns.” 37:44 - Sectors he’s bullish for this decade: SaaS, EdTech, and Banking among others 46:42 - Preventing forced exits being an Angel investor 49:36 - Advice to first-time investors in Startups 55:01 - Reading and keeping himself updated with Startup news |