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.”
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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.