Sachin Bansal Quotes
Valuation depends on several factors. From an investor angle, they look at leadership position, management, and what the company's offerings are. I think these three things got 5/5 for a company like Flipkart, and that is what is driving valuations and growth.
Bansal, Sachin. "Flipkart defends its $7 billion valuation." The Economic Times, Bennett, Coleman & Co. Ltd., 30 July 2014.
This is a very important quotation in the Patent world. One of the major justifications for giving patent monopoly to an inventor is that without the patent protection people would not invest time, effort or money to invent things. However many of the great inventors have not agreed. The original Constitutional purpose in granting patents was to stimulate disclosure of technology to other inventors and educate the nation. That is why all patents are public and can be viewed by all.
Sachin Bansal is an Indian entrepreneur. He is best known as the co-founder of Flipkart, that was acquired by Walmart (77 per cent stake) at $16 billion in 2018. During his over 11 year career at Flipkart, Bansal was CEO and chairman. In 2018, Bansal exited Flipkart following the Walmart deal.