Bombay Shaving Company CEO Compares Bengaluru's Start-up Scene To 2005 Of Kota; Here's What He Said
ABP NewsShantanu Deshpande, CEO of Bombay Shaving Company, compared Bengaluru's current startup scene to Kota's coaching environment from 2005 in a recent LinkedIn post. Deshpande suggested that, much like how only a tiny percentage of Kota students managed to crack the IIT-JEE, Bengaluru's startup ecosystem is plagued by what he calls an "ecosystem delusion." He compared VC with Bansal Classes and wrote, “Everyone with a PowerPoint, some FOMO and a LinkedIn accept from a VC is already a founder.” In the second point, he said, “They hang out at the same events as Bhavish or Mukesh or Kunal and feel they're half-way to unicorn by breathing the same air and talking the same language.” Third reason: “Every coffee shop has only startup conversations. Much like the messes of Kota - the ones hanging out there discussing JEE were rarely the ones clearing it.” In his fourth reason, he said, “VCs are like the teachers.
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