The Golden Tap - The Inside Story of Hyper Funded Indian Startups(English, Hardcover, Kashyap Deorah)
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Ever wondered why global investors are willing to write million dollar cheques to young and inexperienced entrepreneurs? Why companies are no longer judged on their ability to make profits? Why the valuation of a start up can dwarf that of its well - established counterpart? Is it a bubble? Or have the rules of the game changed? Can these hyper - funded, technology driven companies become global superpowers? Or is it an unsustainable phenomenon? The Golden Tap gives you the answers. In a remarkably honest, no holds barred account, Kashyap himself a serial entrepreneur demystifies the technology ecosystem that exists in India today. From the origins of Amazon and Google, to the remarkable growth of Flipkart and Ola, he meticulously plots and chronicles a connected global sequence of events. Set in this background he recounts his personal roller coaster of a life. A story filled with ambition, greed, vanity, fear and success that all young entrepreneurs can relate to. Is this the business model of the future? Or merely a game of poker played by master investors? The answers pour out of The Golden Tap. Endorsements The Golden Tap significantly bridges the perception vs reality gap for people who have not been an active part of the startup ecosystem. - Deepinder Goyal, Founder and CEO, Zomato A passionate book that demystifies the coming of age of digital India. - Kishore Biyani, Future Group Very few tech entrepreneurs have the depth of experience from both Silicon Valley and India, and none who can pen it down like Kashyap. – Manish Chokhani, TPG Growth India The best histories combine first-person narrative and access to the key players. Kashyap Deorah is the Herodotus of the Indian startup scene. - Anand Rajaraman, serial entrepreneur, angel investor in Facebook As with his companies, Kashyap took his gloves off and picked up a pen. Written from the heart, not for the faint-hearted. – Ash Bhardwaj, serial entrepreneur, former President of Flextronics Asia Kashyap has written an insider's account of how the Indian startup ecosystem has transformed in the past decade, something that's not been chronicled by anyone so far. –Samidha Sharma, leading startup journalist with The Times of India This is a straight-from-the-heart, aimed-at-your-balls unputdownable page-turner about India's Internet story. – Anshuman Bapna, serial entrepreneur, Chief Product Officer, MakeMyTrip.com An amazing inside-out view of everything you wanted to know about digital start-ups in India. Kashyap, a serial entrepreneur himself, has masterfully integrated the US, China and India landscapes to give an honest real world view. A well argued, skillfully written piece of work. – Sandeep Naik, General Atlantic India A brutally honest narrative of India’s much hyped Internet startups through the eyes and ears of an entrepreneur and a born storyteller. In his shrewd yet lively writing style, Kashyap sews the 20 years of India's digital landscape with global trends. – Shrutika Verma, leading startup journalist with Mint A rollicking history of the Internet age told by a reflective fly on the wall, but also a human story of the greed, the fear, the ambition and the thrill of entrepreneurship. This is a book that is both intensely now, but will be of equal relevance a 100 years later. – Sudhir Sitapati, Vice President of Unilever, Advisor to Flipkart Kashyap masterfully captures the behind-the-scenes look at the global and local events that have shaped the burgeoning Indian startup eco-system. Not just for technology enthusiasts but anyone who is curious about how the next generation companies are born and raised. – Arvinder Gujral, Director APAC@Twitter A candid view on the Indian startup growth story from a straight-shooter who has been there and done that. The Golden Tap will keep every startup founder up at night and ensure every investor sleeps with his chequebook tucked firmly under their bed! – Arjun & Rohan Malhotra, Investopad Endorsements from characters in the book Kashyap synthesizes and articulates concepts sharply and humorously from his vantage point of being a repeat entrepreneur in the US and in India.” – Ashish Gupta, Managing Director, Helion Ventures and angel investor in Flipkart Kashyap's phenomenal recall of events, unique insights and easy writing style make Golden Tap a page-turner. Readers interested in learning about the evolution of ecommerce in India and the perils and pleasures of founding a startup will find Golden Tap irresistible. – Meena Srinivasan, VP Treasurer, Fitbit Kashyap was there at the birth of internet entrepreneurship in India - arguably Techfest, IIT Bombay, 1999. He has written about his journey from days when Amazon and Google were in their youth to the days of Flipkart and Ola. He pulls no punches in a very compelling, well researched, honest, passionate and fun book written from the heart by someone who was there. - Rakesh Mathur, serial entrepreneur This is Michael Lewis meets Indian Startups. A candid and deeply personal insider view of the 15-year evolution of the startup ecosystem in India. Kashyap's analysis of the drivers of the ecosystem and the contrast with Silicon Valley and China is masterful and bold. No one involved in Indian startups should miss this. - Mohan Lakhamraju, CEO of Great Lakes Institute of Management About the Author Kashyap Deorah is an entrepreneur and investor. Over fifteen years, he has split his time between Silicon Valley and India building global technology companies. Besides India and US, he has done business in China, South East Asia and Northern Europe. Kashyap has started and sold three companies, worked with public companies in the US and India, invested in a score of startups, and mentored many more. He started his first company RightHalf.com during his final year at IIT Bombay in 2000. After an acquisition by a Silicon Valley company, Kashyap spent seven years in the US. He returned to India in 2007 to start Chaupaati Bazaar, a phone commerce marketplace, then merged it with India's leading retailer Future Group. In 2012, he co-founded mobile payments company Chalo and sold it to San Francisco based OpenTable, a leader in the restaurant reservations space. He is passionate about traveling to new places and telling a good story. He lives in New Delhi with his wife and three year old son. This is a straight from the heart, aimed at your balls unputdownable page turner about India's Internet story.' - Anshuman Bapna, serial entrepreneur, Chief Product Officer, akeMyTrip.com 'As with his companies, Kashyap took his gloves off and picked up a pen. Written from the heart, not for the faint hearted Ash Bhardwaj, serial entrepreneur, former President of Flextronics Asia Kashyap was there at the birth of internet entrepreneurship in India - arguably Techfest, IIT Bombay, 1999. He has written about his journey from days when Amazon and Google were in their youth to the days of Flipkart and Ola. He pulls no punches in a very compelling, well - researched, honest, passionate and fun book written from the heart by someone who was there - Rakesh Mathur, serial entrepreneur.