One of the common misconceptions about successful entrepreneurs is that they have had a smooth ride to success. Busting this myth, Dream11 cofounder and CEO Harsh Jain revealed that before raising Series A funding, he heard investors say ‘No’ close to 150 times.
Talking about the Dream 11 session at an industry summit in Delhi today (November 14), Jain said that his perseverance kept him going from one rejection to another, till Kalaari Capital decided to invest in the company in 2014.
However, even then it was not smooth sailing. As Jain explained, Dream11 was breaking into games of skills which had some legal uncertainty at the time. This naturally turned off a lot of investors.
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