Angels Or Demons Tax?

In the past few days, several startups in India have received notices from the Income Tax Department threatening penal taxes on the angel investments ("Angel Tax") raised by them during…

Teardown Of The VC Investment Model

This is a slightly edited version of my answer to the following question on Quora: “We’ll disrupt uncouth taxi unions.” “We’ll kill greedy banks.” “We’ll upend shady realtors.” Startups with noble…