Snapdeal should've cut workforce long time ago: Inventus MD
On Snapdeal firing 600 employees, VC firm Inventus Capital Partners' Managing Director Kanwal Rekhi said, "They've delayed the action. If they were real smart, they should've done this long time ago". The venture capital is expensive and limited, he added. Rekhi said a lot of companies are flirting with ideas they barely understand, the price of which can be steep.