Public markets should not be seen as an exit option for startups: Zerodha’s Nithin Kamath

Zerodha founder and chief executive Nithin Kamath said a fundamental problem with India’s startup ecosystem is that founders and executives typically see the public markets as an exit, when in reality it is an entry point.

Speaking at The Economic Times Startup Awards in Bengaluru over the weekend, Kamath said, “The problem with the startup ecosystem is that everyone is looking at the public market as an exit but really it is an entry as in you are getting retail investors who can take the least risk [of any investor] on your cap table. So you should leave some value on the table for that, right?”