The Startup Truth Investors Get Wrong ft. Amit Banka
EPISODE NOTES
Not every company needs to be a unicorn. And that's actually fine. Because here's the thing - a business that reaches ₹200 crore and creates real value isn't a failure. The market cap ladder exists for a reason. Microcap. Small-cap. Mid-cap. Large-cap. The 0 to 10 journey is fundamentally different from the 10 to 100 journey. The frameworks are different. The risks are different. The conversations in the room are different. But here's what Amit Banka said that really lands: you can't apply startup evaluation logic to a mid-cap. Different stage, different lens - and confusing the two is where most investors go wrong. That's why at Unilazer, even while operating as a family office, they ran it like a full-fledged fund. Because stage-specific thinking isn't optional - it's the whole game…