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Pain of valuation cuts just begun, won't change soon: Zerodha CEO
short by Mansi Agarwal / on Monday, 5 June, 2023
Zerodha CEO Nithin Kamath said the pain of valuation corrections in the startup ecosystem has just begun, and it "won't change very soon". He stated that it's still a good time for early-stage entrepreneurs because there's enough money available as capital. Only businesses that have outrun the actual fundamentals of the business are finding the situation tough, he added.
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