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An year of new opportunities and some tough lessons

A few years down the line, when we would look at 2015, it will be with mixed emotions. Depending on your perspective, it was a year replete with innovation, creativity and opportunity, but also, it was a year of turbulence, low confidence and a pavement for tighter capital regime to follow in 2016. As per a wise old saying, ideas are worth nothing unless executed. They are just a multiplier. It is the execution that is worth millions, and it is not foolproof either. I often wondered what went wrong at Housing.com that had both good idea and execution. We recently caught up with Rahul Yadav and spent over two days with him to understand what really happened. I realized after hearing him out, that there was no single individual or investor who could be blamed for the downfall, and it also got me contemplating if Indian startup entrepreneurship ecosystem is as developed as we would like it to be. Startup’s journey from a blackboard to an excel sheet is still not mature in India.