V
Vani Kola
Managing Director at Kalaari
1185109 followers
Last week I invited responses to the Twitter poll, ' Keeping funding aside, what is the biggest reason behind the success of #startups ?' 66% voted for Team/ Execution and 17% voted for the Timing of the idea launch. This TedTalk video mentions that it is not only important to have a great team which executes the idea, but the idea itself should not be ahead or behind its time. An example from the #Indian startup ecosystem is Myntra. Prior to foraying into fashion, Myntra was a platform for personalised merchandise. While the team and execution were fantastic, the concept of personalised merchandise in India, was ahead of its time. After pivoting to online fashion segment, the same team contributed to tremendous success and growth. What are your views on the topic? https://lnkd.in/fZn6Uga
…see more
Hashtags
#startups
#Indian