The grand idea of bringing day-to-day healthcare online has been a spectacular failure. Billions were invested but little got built.
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The recent spate of exits at the newly independent VC firm is not a surprise. It is a reset for a fund that’s so far operated as if it is special and now has to adjust to new realities.
The Bengaluru-based consulting firm is proof that the larger startup ecosystem can thrive even as startups themselves battle their demons.
Your tax money should go into making your life better. It would appear it is instead funding the lifestyle of venture capitalists and founders of uncertain, loss-making businesses.