Boom and Bust Lessons

Puneet shares his firsthand experience of living through the boom and bust era in the late 90s and early 2000s, highlighting the impact it had on his investing mindset today. He discusses the euphoria and subsequent downfall of companies during that time, and how it taught him valuable lessons about building and restructuring businesses. Puneet also emphasizes the differences in today's startup landscape, with real fundamentals and revenue, keeping investors grounded.