16 yrs on, Asha Jadeja Motwani regrets not having invested in Facebook
It has always been a big decision in identifying a brand and investing money in, and investors have to make it more often than ever. Angel investor Asha Jadeja Motwani said that she made the ‘mistake’ of not investing in Facebook in 2002 when it was start-up.
“Facebook and YouTube. We met them in 2002 and 2004, respectively and we passed on them. There were lot of similar products in the market like Friendster and Myspace then, which had been funded like crazy by VCs. Since we knew that those companies were disasters, we made the mistake of not looking closely into Facebook. We should have”.