Why Rajan Anandan is bullish on exponential profitability of startups

The second session on Day 2 of Goafest 2023 saw Disney Star presenting a Knowledge Seminar, titled ‘The Evolving Economy and The Future of Startups’, with Rajan Anandan, Managing Director, Sequoia Capital & Surge, leading the conversation with independent journalist Anuradha SenGupta.

The dialogue lit up several aspects of the economy, which included the evolution that continues to foster a fertile ground for startups, with an emphasis on capital, innovation, agility, and disruption, driving the creation of groundbreaking business models. The future of startups lies in leveraging emerging technologies to solve complex challenges, create new markets, and drive economic growth.

Companies that Sequoia Capital & Surge has backed previously are in the consumer space. Anandan, through his consistent belief in growth-stage companies, highlighted the exponential profitability they will see in the coming years. He mentioned, “I truly believe in the profits these companies will incur in the next 6 quarters!”