Convincing answer by an Indian entrepreneur to someone with moolah!!
3 min readInvest only 20 out of 60 in our startup and I can 99.99% guarantee you of more returns (as a startup we have been taught you can never be 100% sure of your success) than any other real estate investment would give you over the next 5 years 😉
Jokes apart, invest in a startup. You can even invest 60 lacs in 10 different startups if you want. Here’s why you should invest in a startup:
Convincing answer :
1. A startup which clicks can give you 10x or even 100x or 1000x returns on your investment. And you don’t stand to lose all your money even if all the startups you invest in fail miserably, you can have an exit strategy for the same.
2. For investing in 10 startups in India, you’ll at-least go through and meet 100s of them first. Imagine interacting very closely with 100s of passionate people who are chasing their dreams, you’ll be an experienced and an even better individual at the end of this entire process. You’ll be smarter investing in a startup!
3. Invest in a startup because it’ll make your life much more interesting than what investing in gold/real estate would. 60 lacs in a gold brick or a 2 BHK flat in a metro and sit and yawn and wait for 2x returns in 5-10 years? B-O-R-I-N-G
4. Do it for India’s eco-system. India is in the process of giving birth to a startup ecosystem in this decade. Bangalore is heading towards Silicon Valley model. We have started believing that we can give birth to the next facebook or google in India. But we can’t do it all alone, we need a sustainable eco-system to survive. Especially in India, which is not an early adopter market, we need to spend a tad bit extra to get those first few customers.
Why is US the world leader today? Because rich smart folks over there invest in people and their ideas. They smartly gamble their money in nurturing small and simple or big and crazy ideas to make this world a better place, and not in real estate and gold!
If you have extra cash lying around, do some research, and invest in your fav ideas/startups in India. Imagine a technology you helped shape up and reach a scalable level can one day reach and be used by millions. It’s amazing, isn’t it?
It’s your chance to become a superhero!!
VC The HeroSource : Himanshu Yadav
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