Many Indian startups to go bust in the funding winter: Vinod Khosla
Image Credit: india weekly
At the time when the Indian startup ecosystem is reeling under the effects of the ongoing funding winter, Indian-origin Silicon Valley veteran Vinod Khosla believes that funding wouldn’t be an issue for the country’s startups with “strong fundamentals”. However, he told the BBC that lofty valuations of startups will moderate. Khosla said that it was easy for startups to get a “billion-dollar valuation which made no sense”, but that is not the case now.