‘You are investing behind the dreams of the entrepreneur’–15 quotes on investing and finance
From dream to delivery, witness the memorable journey of entrepreneurs and investors in these quotes, excerpts, and stories!
Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous edition here). Share these 15 gems and insights from the week of February 13-19 with your colleagues and networks, and check back to the original articles for more insights.
See also our pick of Top Quotes of 2022 on Entrepreneurship, Motivation, Investments, Women Changemakers, Social Entrepreneurs, Environmental Change, Pandemic Resilience, Digital Transformation, India Opportunities, Design, Art, Failure Lessons, and Storytelling.
The number of financial institutions and asset classes are on a steep rise, while market size and global spend on financial systems are multi-fold higher. - Shridhar Bendi, Intel India
The rising awareness of this asset class [venture debt] and positive investor outlook has enabled venture debt to more effectively showcase its non-dilutive characteristics and capacity to unlock growth. - Ishpreet Singh Gandhi, Stride Ventures
Union Budget 2023 focuses on three primary things, enabling ease of doing business for MSMEs, addressing working capital challenges, and creating more opportunities for small sellers to access the manufacturing space. - Mahesh Jaising, Deloitte
Venture debt has become one of the key growth enablers for Indian startups. - Ishpreet Singh Gandhi, Stride Ventures
Credit-card penetration is still low in India and will continue to grow. We are still very early in the fintech revolution in India. - Arnav Sahu, Y Combinator
Insurance is largely under-penetrated in India and is still at 4.2% of the GDP. Secondly, we have a strong insurance regulator driving growth in the space. There is a lot of room for growth in the space. - Praveen Sridhar, TVS Capital Funds
Be prepared for the struggle. Stick to your passion. It helps to have a side income till things stabilise. - Suresh Pushpangathan, 'The Treasury of Tranquility'
You can’t call yourself entrepreneurial and behave like a bean counter. - Renuka Ramnath, Multiples
A lot of great startups also get built in recessions, as founders don’t need to raise a lot of capital to get to product-market fit. - Arnav Sahu, Y Combinator
Good quality startups and entrepreneurs will still be able to attract resources [in the funding winter], including capital. - Vinod Keni, Indian Angel Network
CVCs can be a huge help to hardware startups as they can help them in mass producing their products through their manufacturing, vendor, and supplier network. - Pushkar Singh, Tremis Capital
Investors need to ensure the right board composition to ensure high level of independence at the board level. - Ratna Mehta, Ambassador Capital Partners
CVC funds don’t have a fund lifespan. They don’t have to return a certain of their LPs within a certain time frame. - Pushkar Singh, Tremis Capital
The recent turmoil around the Adani Group is taking many shades, but the moot point being any smoke around governance issues could severely impact the valuation and fund raising capabilities of companies. - Ratna Mehta, Ambassador Capital Partners
You are not investing behind the business plan. You are investing behind the dreams of the entrepreneur. - Renuka Ramnath, Multiples
YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).
Edited by Megha Reddy