P
Prabhu Narasimhan
CEO · Brahma AI
- Challenge
- The change in the banking environment and interest rates, and a troubled history with the way the company was operated.
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What a Failed Investment Taught Him | Prabhu Narasimhan, Brahma AI
Conference
Interview
Prabhu Narasimhan, CEO of Brahma AI, discusses his failed investment in Better, which faced challenges from rising interest rates and operational issues. After a heavily contested proxy fight, he resigned from the board, reflecting on the valuable lessons learned from the experience.
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uh I think there are two things which didn't go according to plan with that investment. Uh one is the change in the bankro environment the interest rates and the other is a troubled history with the way uh the company was operated. So I think that that's I've learned quite a few lessons. I just resigned from the board of better last week after an outcome of a proxy war which was pretty heavily contested. So it's been an interesting investment. I think that there will be another u discussion or podcast at some point with someone where we can talk a bit more about that investment. But that's one of the investments you learn more from doing things wrong than doing things right. And I think there are many things I did wrong with that investment. Although at the face of it, it looked like a very successful
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