![]() ![]() ![]() I leave for office at 10am and come back by 10pm. Rahul: I really don't know him much but his sense of humour sucks. VCs, PR etc will automatically follow if you are doing good.ĭaftmatrix: Is the Zomato CEO really a d-bag? Is it possible to chill out with you in real life? dont know many interesting people so would be cool to hang out with a guy who has a huge start up maybe learn a thing or two(I know you’re a busy guy plus im a pleb or a scrub compared to you but it’s an AMA so worth a shot to ask) ![]() Surround yourself with great people, rest is just a cake walk. Rahul: Be Obsessed about solving the problem, Work hard and Be Optimistic. Arrogance and attitude comes when people poke and distract us from solving this problem.Įk_ladki: How about some tips for entrepreneurs on self-promotion, pitching to VCs and the right way to do PR? Yes we do think that we are the best bet to solve this problem. Rahul: Even the US market players (zillow, trulia etc) have not really solved the problem. But I still condemn their practises because I feel they’re inhuman and for me, people are the ‘why’ for everything I do.īornin86: Hey Rahul, do you think that you own the world? your arrogance and attitude shows that you are the only savior left in the world and without you the world of housing was dying? So to cut it short, I think they’re culturally a very cutthroat VC and sometimes I think that’s why they’re more successful than others. I came to know they have done it with lots of other ventures (TFS, Ola, Dexetra, LetsBuy.) When I requested more, they said “Let’s not waste each others’ time.” We were left with no option. After 2 months of due diligence, when they realised we were running out money, they said they want to do a flat equity deal. Rahul: We decided a slided deal between 10-15% (depending on performance)for 1mn$. IHEx4Sex: What was the deal with Sequoia Capital? For science, Can you tell us what 'other bad things' were you referring to in your email to the VC? Rahul: They have earned respect in terms of implementation and execution and not because of the idea. Ssasmisltlywll: In another comment you mentioned that you detest how most start-ups are validated and copied ideas. Rahul: Flipkart, for maintaining relative quality (in product, service and culture) Ssasmisltlywll: You've mentioned that there are very few Indian start-ups that have your respect. So unfortunately, we have to play by THIS (India) market's rules. But the market (brokers, builders, investors, media) somehow cares about all these things. Rahul: Yes I believe these are really bullshit metrics. Why do you claim to have beaten Common Floor and Magicbricks based on site visits and app downloads? Aren't they bullshit metrics? Validated and copied idea from another market 2. My question is, what are the 3 most important things that contribute towards a startups' success in the Indian startup ecosystem? Please be as candid as possible. Thumbs up for their bold decision.īamboo12345: Hi Rahul, many thanks for doing this AMA. Rahul: Key people's focus in the company is very important, so it’s great that they have decided to go app only. Do you think it’s a wise decision and why? Would you recommend new startups to focus more on their site or app? Vendetta_315: Hey Rahul, Just wanted to know your opinion on Myntra going app only and shutting down their website. Users from all over the country asked Rahul Yadav a lot of questions and here are a few excerpts from it. AMA stands for ‘Ask Me Anything’ and that is exactly what happened. Rahul Yadav announced on 16th May that he would be taking part in an AMA session on the ‘India’ subreddit of on 19th May at 6 PM. ![]()
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