Who wants to be a Unicorn?
It’s almost every entrepreneur’s dream to build a company that crosses the $1 billion dollar valuation mark. For investors too, the starting question is whether a pitching startup can become the next Unicorn.
For Ashish Hemrajani, the co-founder of BookMyShow, who started his company in 1999, the journey is all about survival.
“First of all, it’s (Unicorn) a mythical animal and an ugly one at that with a horn,” he tells me in this episode of Outliers.
“I’m a cockroach; we survive. You put us in the middle of a nuclear holocaust or inside a microwave oven, we survive.”
“We come to the trenches every day, rolling our sleeves, we survive,” he says.
Hemrajani reminds me of what Mindtree co-founder Subroto Bagchi told me in an interview five years ago — “Entrepreneurs are like mongrels.”
Subscribe to FactorDaily
Our daily brief keeps thousands of readers ahead of the curve. More signals, less noise.
Thank you for reading FactorDaily
We hope this story worked for you.
Our journalism is produced by some of the best brains in the story-telling business who believe that good stories have only one master: you, the reader. Bringing these stories to you, just so you know, costs us a pretty dime even as the context of disruption remains unchanged in the journalism business the world over.
If you like what you read here, consider supporting the FactorDaily journey. We don’t have a paywall because we believe access to good journalism must be free to all, especially when it is in public interest and informs citizens with independence and accuracy. Such stories should not be restricted to a few who can pay. You are free to support us with any amount you like.
Please note that 18% of your contribution will be paid to government as GST, per Indian accounting rules.
Disclosure: FactorDaily is owned by SourceCode Media, which counts Accel Partners, Blume Ventures and Vijay Shekhar Sharma among its investors. Accel Partners is an early investor in Flipkart. Vijay Shekhar Sharma is the founder of Paytm. None of FactorDaily’s investors have any influence on its reporting about India’s technology and startup ecosystem.