Boom

Rich founders + poor VCs

Rising valuations. Falling exits. Rich founders. Poor VCs. Like opposing atomic nuclei that should not normally combine, but when they do, we have startup thermonuclear fusion

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Startup entrepreneurs turning investors in VC firms in India, ran a recent story in Mint. It was a story that largely went unnoticedas there were hardly any discussions or debates on this story in any startup circles nor was there any buzz around it on social media.

But as someone who has now spent more than 15 years in the startup ecosystem in India, I had only one thought as I read line after stupefying line in this story: How in the world did we get here??

If the…

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