Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our recent articles. Share these gems and insights from the TechSparks 2021 speakers with your colleagues and networks, and check back to the original articles for more insights.
In this special collection of quotes from YourStory’s TechSparks 2021 coverage, we present insights on impact, IP, growth and scale by successful investors, entrepreneurs and business leaders. See our earlier quotes compilations from conference editions in 2020, 2019, 2018, 2017, 2016, 2015, and 2014.
Check out our profiles of the Tech50 startups of 2021, and Tech30 startups over the years: 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, and 2011.
At the early stage, investors are driven by hope. They look into the founder’s mind and vision, and fund on the basis of hope and not on performance metrics. – Sanjay Mehta, 100X.VC
Companies succeed because you back phenomenal founders. – Priya Mohan, Venture Highway
If you want to build a big business, then one needs to attack a big market. – Aakash Kapoor, Sequoia India
In case you are seeking ways of increasing your funds or valuation, you cannot ignore the IP forming a major part of your assets. – Hemang Shah, Qualcomm
Focus on building value; valuation will follow. – Beerud Sheth, Gupshup
It’s not valuation that gives satisfaction, it’s the impact. Valuation is a producer. – Sanjeev Bikhchandani, Info Edge
People make angel investing very complex than what it is, while it is actually very simple. – Shanti Mohan, LetsVenture
There are strong cases of debt as every business has its own set of requirements. – Ishpreet Singh Gandhi, N+1 Capital
Exits play a huge role. They catalyse the whole ecosystem because they complete the loop. – Sateesh Andra, Endiya Partners
ESOP is a critical tool for founders because it’s a tool to drive entrepreneurial behaviour. Employees start thinking of themselves as owners of the company and go the extra mile to ensure the company succeeds. – Vikram Sivaraman, Qapita Fintech
Wealth creation cannot happen unless every person in an organisation puts in their best efforts. – Ruchi Kalra, Ofbusiness
Employees should have a clear understanding of how much they are liquidating, and founders should provide clear visibility on numbers, especially for younger employees. – Shantanu Deshpande, Bombay Shaving Company
Making sure that all your employee incentives are aligned with their stock options. Once you start to build that solid team, you can achieve anything. – Stefan Nagey, Capbase
The role of VC funding in India is considerably smaller. While India has witnessed the growth of 30-35 unicorns this year itself, most investors making them are foreign ones. – Siddarth Pai, 3one4 Capital
Investors are excited about the real step jump in digital adoption, and especially on the varied categories of shoppers that are unfolding. – Vinay Singh, Fireside Ventures
Businesses these days are not solely about making money for your shareholders. Instead, it’s how you sustainably source your products and pay work as a decent wage, and still make money. – Sabine Stuiver, Hydraloop Systems
Proper impactful funds in sync with the SDG model is what we require for social entrepreneurs of both countries to scale up and grow. – Emile Schmitz, Bopinc
The next couple of venture capital cycles may actually be more focused on climate tech. – Prashanth Prakash, Accel Partners
YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).
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