Valuations don't matter if you don't survive: Accel's Anand Daniel to startups

Anand Daniel, Partner at Accel India, suggested startup founders to think about survival than valuations. "If you are not there on the other side, what is the point of holding on to a lot of stock," he told Moneycontrol. "If they didn't raise enough capital last year and have to raise money today, all these valuations don't matter," he added.