#91 - Knowing when to pivot: Deepak Chhugani, Nuvocargo

Latitud Podcast - A podcast by Latitud

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What would you do if you had $1.2M in funding and suddenly realized you need to kill the business? In 2018, Deepak Chhugani had a YC-backed startup in the HR space that wasn't going anywhere. He went back to the drawing board and decided it was time to follow his dad's footsteps into the world of logistics and supply chain. But before pivoting, he offered the money back to each of his investors.Most of them stayed. And to make up for the ones who backed out, they also put in a little bit more...