Building a Multi-Million Dollar Profitable Startup in India - Rahm Shastry, DriveU
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- čas přidán 24. 07. 2024
- Rahm Shastry is a serial entrepreneur from Bengaluru and the Silicon Valley. He is also an active angel investor who helps companies with his vision and business strategies.
He talks about his journey, DriveU's growth, his exit form TaxiForSure, VC's toxic culture, blitzscaling and unit economics.
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On today's episode:
00:00 Intro
00:52 DriveU's background
02:23 Who is Rahm Shastry?
03:23 A life changing advice
05:07 Entrepreneurial journey
08:50 The network effect
09:07 How did TaxiForSure happen?
10:23 What kind of investor is Rahm?
11:09 Cab situation back then
12:44 TaxiForSure VS Ola
13:23 DriveU's beginning
15:56 DriveU's journey
18:10 VC's toxic culture
20:07 DriveU's first investment
22:23 Unit economics
24:08 Smooth sailing?
25:57 A near-death experience
27:33 Genius move
28:16 Pivot point
29:46 DriveU's efforts for it's drivers
32:05 Covid consequences & tackle points
37:00 Unicorn culture
42:39 Outro
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Links-
Merch: merchter.com/stores/backstage...
Podcast on Ola Electric and Bhavish Aggarwal: • UNCUT: Can Bhavish Agg...
Twitter: / bwmillionaires
LinkedIn: / backstagewithmillionaires
Instagram: / backstagewithmillionaires
Audio Podcast: anchor.fm/bwmillionaires
Enjoy the content! ;)
#bwm #startup #startuppodcast
Watch the uncut version of this interview here: czcams.com/video/Cfv_m8wL5xI/video.html or listen to the conversation on Spotify here: open.spotify.com/episode/48q3DdEXGhn9AdNnk7urKM?si=JhVCJOuvTzWXV7sbkrCvtQ -Caleb
backstage with millionaire bro i never expected this from our channel driveu is worst company bro they cheap payout i pray the owner should get on to road as a driver then he will come to know how it feels rip and I'm unsubscribing our channel for views yours potraying worng person as something usefull
This is some sort of a joke. driveu is one of the worst, worthless services for driver demand. This shastry guy is a bottom of the barrel C-grade professional. You should see how his investors wipe the floor every other day with him.
I have been using DriveU service from 2017 and I am very happy with their service. Good to see the man behind DriveU. And thank you @backstage team for this amazing interview. Good Job.
@backstage with millionaire bro i never expected this from our channel driveu is worst company bro they cheap payout i pray the owner should get on to road as a driver then he will come to know how it feels rip and I'm unsubscribing our channel for views yours potraying worng person as something usefull
Wow. One of the most informative interviews I have seen on startups. Great work.
One of the best interviews, such a great story.
The amount of details you bring to the intro is really amazing, loved the whole conversation. I have learned a lot of new things today.
Thanks so much Riten, interviewing successful entrepreneurs is my favourite thing to do on this channel, so I’m glad you enjoyed the conversation. Be the turtle! ✊🐢 -Caleb
More Turtle entrepreneurs please!!
Absolutely. Even before this Startup Winter started, I always empathized more with the turtle philosophy and there were not a lot of stories back then on these Slow Growth startups. Glad to see these today.
At 36:00 loved their cross selling approach and profitable business model.
Time for realistic companies to shine. !!
Used DriveU extensively pre-COVID. Great service without any complaints ever. Very good and trustworthy drivers, always. Super convenient. Inspirational backstory too, thanks BWM.
Oh wow, so glad we have a viewer who has experience with the service! And very happy to know that you enjoyed the conversation Parul. Please do share it around so that it can get more visibility! -Caleb
@@backstagewithmillionaires Sure thing! BTW love watching your videos.
Love this
Please make a podcast with Kaivalya Vohra & Aadit Palicha
Very proud of you Ram
Absolutely looking forward to more interviews and podcasts. Good luck BwM.
Thanks a lot Rajiv, we absolutely plan on making more 🙂 please do share this interview around with people who you think will enjoy it. -Caleb
What a great interview!
Liking this format.
Love this interview !
Thank you!
Simply WOW episode.
Thanks Bharath 😁 if you could share this video around it would really help us out. -Caleb
Practical Informative
Startup Failure Rates
About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.20-Oct-2022
We'd love to hear your feedbacks for this podcast if you have any. Go ahead ;)
Love it
The audio quality and the guest are a pleasure to listen to. Love the narration format of the guest. Also, how you let them share their story without much prompts.
Create a shorts channel as well or just another channel to share just the learnings instead of entire story
Can you please use spotify for podcasts? That would be helpful!
@@krishnahrithik6670 why?
Niceeee!!
The intro and attention to detail on this podcast is unreal. Crafted with love and prolly lots of caffeine (I am so proud you guys!!!)
Thanks so much Sudhanshu! Spend a very, very long time nailing down the intro/outro format and capturing the b-roll necessary, especially for the outro, but even if this video doesn't see a huge number of views, I think it will be worthwhile because we've set a new standard/bar for ourselves when it comes to interview content that nobody else in this space is doing right now. And yes, lots of caffeine went into making this video haha -Caleb
First ✌️ great podcast btw
Almost first! Thanks a lot Varun, please do share it around so that it can get more visibility! -Caleb
😊👍
Hi
Caleb you dear sweet, nice guy. Only if you knew what garbage driveu as a service is, perhaps you wouldn't have done this interview.
backstage with millionaire bro i never expected this from our channel driveu is worst company bro they cheap payout i pray the owner should get on to road as a driver then he will come to know how it feels rip and I'm unsubscribing our channel for views yours potraying worng person as something usefull
Boring