Indian markets are not yet ready for a large Internet company listing but we would absolutely love to list here when the time comes. Sachin Bansal More Quotes by Sachin Bansal More Quotes From Sachin Bansal Judith McKenna is obviously a veteran at Walmart International and Judith McKenna's really supportive of what we're trying to do. Sachin Bansal world At Amazon, we were not working with the e-commerce division but with the Web services team. We started Flipkart completely from scrap. Moreover, the whole shopping behaviour and infrastructure challenges in the Indian market were different from that in the U.S. and European markets. Sachin Bansal shoppingteamdifferentchallenges When e-commerce companies build scale, cost comes down. Companies that can handle scale and reduce costs over time will win. Margins will come from reducing costs over time and not by increasing prices. Technology is the answer at large scale. Sachin Bansal downwintechnologytime The first thing I look at is, 'Is the entrepreneur going after really big problems, to the extent that it feels scary when they talk about it?' You wonder if the idea is possible. I have seen that a lot of times, people go after small problems, and that's a sign that they are not confident. Sachin Bansal problemslookyoupeople Valuation depends on several factors. From an investor angle, they look at leadership position, management, and what the company's offerings are. I think these three things got 5/5 for a company like Flipkart, and that is what is driving valuations and growth. Sachin Bansal lookgrowthmanagementleadership I will never sell Flipkart. Sachin Bansal sellwillnever
