‘Startups globally have ignored this asset…’ says Zerodha founder, Nithin Kamath2 min read . Updated: 05 Jan 2023, 01:59 PM IST
Zerodha founder Nithin Kamath's suggestion to startups that plan to go the IPO-route: Setting the right expectations, being transparent, & not overselling are great ways to reduce the volatility of the stock price pre & post-IPO
Amid the buzz surrounding the IPO market, startups are focusing on maximising their valuations. However, they should focus on slow compounding for the long term, not max valuation in the short term, said Zerodha CEO and founder, Nithin Kamath. He added that consumer-facing startups around the world that have launched a public issue have failed to turn their shareholders.
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