Nikesh Arora: Startups have to have sustainably profitable model
23 April 2022, Mumbai:
Startups in India are growing in scale and size, but are increasingly addressing the needs of global markets, said Nikesh Arora, CEO, and chairman at Palo Alto Networks.
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"What is fascinating is that I am beginning to see a class of startups which are global in nature."
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Asked if the cash-burn model of many startups is sustainable, he said, "In the end, you have to build a credible, robust long-term business.
And credible, long-term, robust businesses are built on creating profitability and cash because that's what we value as investors."
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