The Golden Tap : The Inside Story Of Hyper Funded Indian Start-Ups
Kashyap Deorah
Ever wondered why global investors are willing to write million-dollar cheques to young and inexperienced entrepreneurs? Why companies are no longer judged on their ability to make profits? Why the valuation of a start-up can dwarf that of its well-established counterpart? Is it a bubble? Or have the rules of the game changed? Can these hyper-funded, technology driven companies become global superpowers? Or is it an unsustainable phenomenon? The Golden Tap gives you the answers. In a remarkably honest, no holds barred account, Kashyap – himself a serial entrepreneur – demystifies the technology ecosystem that exists in India today. From the origins of Amazon and Google, to the remarkable growth of Flipkart and Ola, he meticulously plots and chronicles a connected global sequence of events. Set in this background, he recounts his personal roller coaster of a life. A story filled with ambition, greed, vanity, fear, and success that all young entrepreneurs can relate to. Is this the business model of the future? Or merely a game of poker played by master investors? The answers pour out of The Golden Tap.
Kashyap Deorah is an entrepreneur and investor. Over fifteen years, he has split his time between Silicon Valley and India building global technology companies. Besides India and US, he has done business in China, South East Asia and Northern Europe. Kashyap has started and sold three companies, worked with public companies in the US and India, invested in a score of startups, and mentored many more. He started his first company RightHalf.com during his final year at IIT Bombay in 2000. After an acquisition by a Silicon Valley company, Kashyap spent seven years in the US. He returned to India in 2007 to start Chaupaati Bazaar, a phone commerce marketplace, then merged it with India’s leading retailer Future Group. In 2012, he co-founded mobile payments company Chalo and sold it to San Francisco based OpenTable, a leader in the restaurant reservations space. He is passionate about traveling to new places and telling a good story. He lives in New Delhi with his wife and three year old son.
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