Billionaire Games

Flipkart’s Four Billion — an entry, an exit, and a détente

Conventional wisdom might suggest that the latest mega funding round that Flipkart raised from Softbank is about competing with Amazon. But the truth might lie elsewhere

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“What can you do with $2 billion that you can’t do with one?”

Sean Connery asks this of Catherine Zeta Jones in the 1999 thriller, Entrapment. Notwithstanding the fact that both these characters play thieves in the movie, it is a question that you could just as well ask of Flipkart post its mega-funding round from Softbank.

“What can you do with $4 billion that you can’t do with 2.5?”

Money, money, money

When a startup raises funding and issues a press release, it is usually peppered with forward-looking statements detailing how it plans to use this largesse to…

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