December 1, 2015 - This is big! Quikr all set to acquire real-estate portal CommonFloor for $200 million

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Blog Sree Vijaykumar From the Editor's Desk As I was reading through Kashyap Deorah's interesting debut book, 'The Golden Tap', it struck me that there are 2 kinds of startups in India right now. There's the 'X for India' startup, eg: Uber for India, Amazon for India, Alibaba for India, etc. Not taking away from the hard work required to build these, these are 'market bets' that VCs are more willing to take a risk on. The founding team needs to be good, but that's a hygiene factor. So IITians are a safe bet (gives comfort to the VCs). Complimentary cross-disciplinary founders are good. Past experience is ok, but not required. So now that I can rationalize how 25 year olds are raising hundreds of millions of dollars, the world feels normal again. The other type of startup is the one which has no parallel in the US or China. Justdial comes to mind. It had a much longer journey to success. Also, Freecharge, which was a relatively quick success, but it had extraordinary metrics (Growth, CAC, etc). Ultimately, extra-ordinary metrics always work. And not the kind where you give away Rs 100 to make Rs 80, unless it's an 'X for India' model with a large market, in which case even that is allowed - Comment Digital This is big! Quikr all set to acquire real-estate portal CommonFloor for $200 million Quikr Acquires Commonfloor For $200mn #BigDeal Looking for like-minded folks? Coming Soon All Signal, No Noise!   Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! 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