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‘As Soon As You Raise Money, You Get Into The Rat Race’

Nithin Kamath, founder and CEO of Zerodha, talks about why founders must first understand the business and market they are getting into, refrain from joining the rat race of growth, focus on profitability and stay away from overdependence on VCs 

Nithin Kamath, founder and CEO of Zerodha, does not mince words as he points out the excesses that led to the current situation in the India’s start-up ecosystem. He talks to Outlook Business about why founders must first understand the business and market they are getting into, refrain from joining the rat race of growth, focus on profitability and stay away from overdependence on VCs. Edited excerpts: