Entrepreneurs typically devote their full energies on building a business. However, founders need to focus on using the capital efficiently to sustain the business.
“Optimise it rather than get it wasted because everybody’s focusing on efficiency. Let us not be inefficient on the most basic raw material that you need,” Salil Thanawala EVP & Principal Partner, Edelweiss said.
He was speaking at a fireside chat at the TechSparks 2022, YourStory’s flagship event. With over a decade of experience with Edelweiss in various capacities, Salil has a deep understanding of market trends and risk management.
While a loss of control is bound to happen when it comes to equity, if the founders choose a certain amount of debt, then they aren’t going to be taking equity to the financer. “So your dilution becomes lesser. Today, very simple things like managing a company treasury is not in the focus area of