Want to start a startup? Get funded by Y Combinator. September A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit.
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Previously, I detailed why India should buy Bitcoin. Here we'll discuss why India cannot actually ban Bitcoin, and should instead treat crypto as a foreign currency using its existing foreign exchange regime FEMA. Our argument proceeds in four parts:. In short, crypto cannot truly be banned for technical, social, and political reasons.
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However, I have another theory. As a venture capitalist, I have to listen to hundreds of entrepreneurs pitch their companies. Ten slides. Ten is the optimal number of slides in a PowerPoint presentation because a normal human being cannot comprehend more than ten concepts in a meeting—and venture capitalists are very normal.
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