Unbelievable Comebacks of 7 Great Startup Personalities
#4 Rutvik Doshi
He was the product manager for Google, later he quit his position and joined a founding team of a young online group buying startup Taggle.
But the company had to close down within two years, even though they tried changing its business model to an online electronics retailer.
After the company closed down he spent nearly two months meeting industry peers until he found a new role at Inventus, Now Doshi is an investor with Inventus Capital Partners.
Doshi comes from a family of businessmen, According to him, "But even in a business family, shutting down a business is not acceptable, we were making about Rs 1 crore in revenue each month but we were also burning a lot of cash." He also added "It is the venture that fails, not the individual."
#3 Kiran Gopinath
He launched Webshastra, an online advertising firm. Dotcom euphoria and private equity major Warburg Pincus invested in this company which gave it a quick start, but the success lasted only until the dotcom bubble burst.
Webshastra after facing years of struggle was acquired by Position2 in 2006, an US-based search engine marketing agency.
However, Gopinath started Ozone Media in the advertising space in the same year; this time he palnned planned with proper back up and tight financial management. Citibank, Airtel, and Unilever are among his clients.
According to Gopinath "Cash is king, ensure you have enough and know how to manage it."
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