Favcy 1st Cheque

Dear Reader, do you like zombie-apocalypse movies? If you're familiar with the genre, you must be aware how zombies are portrayed to be half- dead, brain-less monstrosities that are only hungry for blood. A recent Reuters report claims that some unicorns in the Indian startup ecosystem might be turning zombie. It was a no-brainer (pun-intended) that we had to find out what zombie unicorns are. So we decided to get to the root of matter.

This week in Favcy Review, we are exploring this neo concept of "zombie unicorns" and investigating startups that can potentially turn zombie. Read on to find out!

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Dear Reader, if you’ve been following the buzz lately, you’ll know how honesty and governance issues are rattling up billion-dollar enterprises. It is food for thought, honestly. In a race towards a billion-dollar valuation have we lost the drive, ruthless commitment and the Indian ‘jugaad’ strategy our ecosystem was built on and is famous for?

Moral science is not half as exciting as a Red Ferrari, but entrepreneurship is a world in which the guys who end up at the top are those who can afford Ferraris but live like monks – maybe not in their lifestyles but certainly in their minds. Think Infosys, think Bill Gates, think Warren Buffett. Don’t you agree?

Dear Reader, who is the first person who you think can live up to more than 100 years?

I personally think it is Elon Musk. He just has that aura about him. His recent acquisition of Twitter certainly tells us that he is insanely tenacious when it comes to getting what he wants.

Dear Reader, did you know that even NRIs can angel invest? If you've got friends abroad wanting to dip their finger in the delicious Indian startup sauce, this issue of the newsletter is something they're going to want to read! Share away, my friend!

Explore our Current Open Deals section where we bring to you deals - new and old to become a part of the investment journey!

In Future@Favcy check out the career openings here at Favcy so that you can keep an eye on the next vacancy to join our team and build with us!

This week in Beyond The Bottomline, we are talking about Quikr's business model!