“A very critical aspect of any startup’s life is going public,” declared Pratik Bhakta, Deputy Editor of Times Internet, as he started moderating a Soonicorns special panel discussion, ‘The Unnotified Story of Funding: How to Raise Money, We’ll Tell You at the Soonicorns!’. The panel featured a startup that has already gone public alongside an early-stage investor, and of course, a representative from the legal fraternity for a deep dive into this spectrum. Bhakta launched by proposing a hypothesis: We’re at a time when the exuberance in the public market is high and a lot of startups are eyeing IPO. Amit Ramani, CMD of Awfis Space Solutions, an institutional-investor-backed startup, stated that a startup founder should be crystal-clear about the reason to go public. Ramani explained that any institutional investor will see at exit at one point in time, and the primary way to receive somebody into exit is an IPO or a strategic sale. Neeraj Tyagi, Co-founder and CEO, We Founder Circle and Partner, Avinya VC, stressed that while the prerequisite of going public is profitability or the path to profitability the self-belief or conviction that “I can go public” is the starting point. Sanjay Khan Nagra, Partner, Khaitan & Co, declared that while the euphoria is good one must exercise “cautious optimism”. Watch the full video to gain deep insights into how to scale your startup from Series A to IPO preparedness and more.
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