• No 2nd chance for startups that burn investors’ money, disappear: Tata

    No 2nd chance for startups that burn investors’ money, disappear: Tata

    Published Date : 29-Jan-2020 1:18:26 IST

    Industrialist Ratan Tata has warned that the startups which burn investors’ money and disappear will not get a second or a third chance. He added that startups need mentoring, advice, networking and recognition. Tata also welcomed the role played by TiE, an entrepreneurs organisation, in India and urged it to work as a shadow regulator for ethics and good practices.

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