Starting up and letting go are key for sustainable entrepreneurial ecosystem

Starting up and letting go are key for sustainable entrepreneurial ecosystem

Photo by stockimages Image ID: 100184310 (Freedigitalphotos.net)

About two years ago, while chatting with entrepreneur Phanindra Sama on the just announced acquisition of his start-up, Pilani Soft Labs which owned bus ticketing platform redBus, I asked him why he decided to sell out. By most accounts, redBus was considered one of those rare, unique technology start-ups to come out of India with potential to go the distance to a blockbuster public market listing.

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