Guest Lecture at MPSTME, NMIMS University

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Starting up in College! Gaurav Munjal, Co-Founder and CEO, Flat.to

description

Gave a talk at MPSTME, NMIMS University regarding Starting up in College. Check out our product http://flat.to

Transcript of Guest Lecture at MPSTME, NMIMS University

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Starting up in College!Gaurav Munjal, Co-Founder and CEO, Flat.to

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Background

● 2.81 (on a scale of 4) CGPA● 1 KT in Advanced Computer Networks● Always a defaulter● Atleast 10 warnings during 4 years from

various teachers

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A little more background

● Founded and presided ACM MPSTME, still one of the more active committees and during it’s time the best

● Highest placement in an Indian company (Directi) from the college ever.

● Unacademy, 112 videos, 350000 video views, 3500 subscribers, 200$ / mo

● Fashionama, 1m fans across social media platforms, auto pilot with 3000$ / mo

● Flat.to, funded company with 20 employees, valued at 1Cr currently

● … and a bit more ;)

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Persistence

● Fashionama took 4 years to reach where it is● Unacademy took two years to make its first

cents● Flat.to failed the first time I did it in college● Be persistent!

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Dealing with issues

● Parental Pressure● Failure, what if my startup fails● Raising money● Getting people to work with and on your idea● Origin of idea● Time management

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Let’s play a game!

● Form a team of four● Think of a idea, executable idea● Think of how you will make money out of it ● Raise your hand when you are done