A Launchpad For Startups

The securities and Exchange Board of India (Sebi) has come up a skeletal guideline for listing startups on the bourses. Now Indian entrepreneurs need not go too far to startup friendly shores of Hong Kong, London or New York; they can just raise funds in Mumbai. But would it be wise to invest in startups? Think about it. This week, Elon Musk’s SpaceX’s rocket failed to launch for a third time. The company has been funded for 13 years with no revenues in sight. There is high risk in “listing” ideas. That said, without start-ups there are no ideas.

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