OPINION: Will this be the year of reckoning for entrepreneurs?
by Tarun Davda2016 was a roller coaster year for the Indian venture ecosystem. The early part of the year saw the funding frenzy of 2015 continue. Value, velocity, and volume, which mark a frothy environment, were at play and we saw several investments made at high prices. The second half of 2016 was sobering — founders and investors took time to grasp the gravity of the rapidly changing funding environment. From aiming for ‘growth at all costs’ to reconciling to a world choked of capital, entrepreneurs found themselves adjusting business plans and asking ‘how would I build the business if this was the last round of funding?’ Now that the worst of the upheaval is (hopefully!) behind us, we can look forward to the new year. Here is a list…
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