Why is it called a “startup ecosystem”?
The success of a startup ecosystem is when everyone grows together. The creation of startup mafias is a sign of a positively growing economy. Startup mafias are a term used for a company’s alumni network who have created successful companies.
A startup becomes successful when the founders, investors, and employees make financial gains. The founding team, and especially the early employees, gain rich experience in building a successful company. They learn how to start from scratch, raise funds, and scale the business. When the employees start their own startups, they already have the network and guidance in place. This leads to a cycle of reinvesting in talent, shortening the time from creation to exit and reducing the risk of potential failures.
PayPal Mafia
It started with the famous PayPal mafia, where it’s team eventually created impactful businesses.
| Jawed Karim | Co-founder, Youtube |
| Steve Chen | Co-founder, Youtube |
| Elon Musk | Founder, SpaceX CEO, Tesla |
| Premal Shah | President, Kiva |
| David Sacks | Co-founder, Yammer |
| Max Levchin | Founder, Slide |
| Russel Simmons | Co-founder, Yelp |
| Roelof Botha | Managing Partner, Sequoia Capital |
| Peter Thiel | Co-founder, Palantir |
| Keith Rabois | COO, Square |
| Reid Hoffman | Co-founder, Linkedin |
Mafias in the Indian startup ecosystem
The Indian startup ecosystem is now becoming a mature one, with the number of successful exits and serial entrepreneurs rising.
Flipkart Mafia
| Sachin Bansal | Co-founder, Navi |
| Binny Bansal | Co-founder, xto10x |
| Sameer Nigam | Co-founder, Phonepe |
| Sujeet Kumar | Co-founder, Udaan |
| Manish Sugandhi | Co-founder, GrabonRent |
| Ajinkya Malasane | Co-founder, Playment |
| Mukesh Bansal | Co-founder, Cultfit |
| Ankit Nagori | Co-founder, Cultfit |
| Punit Soni | Co-founder, Suki |
| Arpit Dave | Co-founder, Runnr |
InMobi Mafia
| Abhishek Patil | Co-founder, Oliveboard |
| Vidit Atrey | Co-founder, Meesho |
| Prashant Gupta | Co-founder, Clickpost |
| Ram Kakkad | Co-founder, English Dost |
| Gunaseelan R | Co-founder, Houzify |
| Hari Ganapathy | Co-founder, PickYourTrail |
| Atul Satija | Co-founder, The Nudge Foundation |
| Iliyas Shirol | Co-founder, DoSelect |
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