In the final episode on fundraising, we hear from a master story-teller — Ashish Hemrajani, co-founder and CEO of BookMyShow, India’s leader in entertainment ticketing.
Ashish recaps his journey from founding the company in 1999 all the way to 2018 and the various phases of the business ups and downs he has seen over this time period.
In particular, we discuss the following topics in great detail:
Early days of BookMyShow, including launching India’s first cash on delivery (COD) service
The tough years post the 2001 dotcom bust, and how they survived those tough years
How to pick your investment partner — and the importance of that in the battle called entrepreneurship
How to think through valuation while fundraising
Hiring bankers or not while fundraising
How to become a good story-teller as a founder
Difference between building a good company versus a great company
Having an empty chair that represents your consumer in every meeting
Why Ashish appreciates being known as a mongrel more than being a Unicorn
And most importantly, how to run this marathon called a startup, while still enjoying your life and coming back every Monday energised to build your startup!
Hope this podcast was helpful as you figure out your startup journey. In the next set of podcast episodes, we will focus on something Ashish touched upon — the importance of execution and how to get that right as a startup founder.
Anand Daniel is a seed/early stage venture investor with Accel Partners.