Startups, want a Sequoia cheque in a funding winter? Here’s what Rajan Anandan will check out first.
Synopsis
According to Anandan, managing director, Sequoia India and South East Asia and Surge, 2022 looks a lot like 2018 and 2019 in terms of a much more rational market. There’s a higher focus on building high-quality companies, founders are thinking long term, and the focus is on unit economics.
There’s more money available now for early-stage ventures than ever before — around USD5 billion. Yet, global uncertainty, high interest rates, high inflation, and other factors are resulting in deeper scrutiny of ideas and tighter funding for startups. In an interaction with ET Prime, Rajan Anandan, managing director, Sequoia India and South East Asia and Surge, discusses the current situation for startup entrepreneurs and what’s changing for
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