Shripati Acharya is the Co-Founder and Managing Partner at Priven Advisors, advisory to Prime Venture Partners. Prime is one of India's premier early-stage funds focussed on creating disruptive, category-creating technology companies out of India, for local and global markets.
He was the Co-founder of Ezetap – a leader in mobile PoS, that helped in changing the payment landscape in India and beyond. He also worked with the Unique Identification Authority of India (UID) to create and execute a framework for authentication and application development. He is an IIT engineer, a Stanford post-grad, and a Harvard MBA degree holder.
Shripati writes on investment, entrepreneurship, and technology. According to him, sometimes, shutting down a startup when things are not working out, can turn out to be one of the best decisions an entrepreneur could take. The biggest benefit is that the founders get to make a fresh start and try their hand at another roll of the dice on the startup table, believes Shripati.
He also addresses common dilemmas faced by young people on whether to stick to their jobs or start-up, through his writing. Shripati believes that doing a startup early in the career makes the decision more reversible. If you haven’t taken a lot of personal financial risk in the first one, you can start another company down the road, the investor elaborates.