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Raj Kunkolienkar

Co-founder, Stoa School - BITSian - Why should MBAs have all the fun? 🤔

Raj Kunkolienkar is a serial entrepreneur and the co-founder of Stoa School, an edtech startup that offered an alternative MBA program.13 He founded Stoa in October 2020 along with Aditya Kulkarni, aiming to disrupt traditional business education by providing a more affordable and flexible option for working professionals.1

Career Highlights

Stoa School:: As co-founder and Chief Propagandist at Stoa, Kunkolienkar focused on brand building, content creation, incentive design, and customer experience.6 The startup offered a six-month, part-time MBA program targeted at the startup ecosystem.2

Previous Ventures::

  • Co-founded Nova Semita, a career accelerator helping college students secure roles in startups6
  • Founded Seeker Space, a co-learning space in Goa6
  • Involved in various projects including Dominato.club, Prex.club, and Yuva.fund6

Education and Interests

Kunkolienkar has a background in physics and applied mathematics. He is particularly interested in evolutionary processes, game theory, financial engineering, network science, and algorithmic thinking.6

Recent Developments

In November 2024, Kunkolienkar announced the closure of Stoa School after four years of operations, citing changes in online learning preferences post-pandemic.15 Despite building a strong brand, the company chose not to transition to offline operations due to economic considerations.1

Social Media Presence

Kunkolienkar maintains an active presence on social media platforms:

  • LinkedIn username: kunksed6
  • Instagram: @kunksed4

In his own words, Kunkolienkar describes himself as someone who likes "to learn and get other people learning" and aims to "optimize for being less of a fool than I was yesterday".6

Highlights

Jun 5 · linkedin

23 and confused? Start from what 'lifestyle' you want for yourself.

Consider these 10 lifestyles (I've tagged sample profiles) --

Post-MBA corporate roles: Structured, well-compensated positions at companies, be it ITC Limited or Microsoft. Respect and rishtas in plenty. Check out Saurabh Das.

Startup work-from-office (WFO) role: Fast-paced, dynamic work at startups big and small. Best if you need to feel the energy around you to function. Dhwani Nanavati picked this path.

Indie remote worker: Freelance or contract-based remote work, offering flexibility and autonomy. If you're lucky, you might just snag a full time role. Renuka Figueiredo / Ryan D'Costa are making the best of this!

Online small business entrepreneur: This could range from drop-shipping, courses or running a boutique agency. You're mobile and living on your own terms. Aakash Rodrigues has a distributed team for his agency, Ganesh Nagarsekar does this post BITS/IIM.

Global big startup remote worker: Working remotely for international public companies like my friend Mihir Umarye at Airbnb. Well paid, and only comes with experience.

Government or public sector employee: Stable, secure employment at the expense of spending a few more years chasing exams. Samir Ahmad (IPS), respect, sir!

Non-profit or social impact organization: Purpose-driven work at NGOs like Pratham, Akshaya Patra, or Teach for India. Ankita Phalle / Siddharaj Mopkar are good examples.

Academic or research-based career: Pursuing knowledge and innovation at institutions and labs in US / EU or India. My friend Anmol Naik picked this.

Creative or artistic pursuits: Building a career in fields like design, writing, or visual arts. Have fun in a Goa or Dharamkot while at it. Having a tough time finding these friends on LinkedIn 🤣

Family business or entrepreneurship: Joining or starting a business venture with family members. Not everyone may have this option. Those who do, usually don't enjoy it. Sahib Aggarwal has taken the plunge :)

To determine which category resonates with you, ask yourself these five clarifying questions --

What are my core values and priorities in life? What kind of work environment do I thrive in? How much flexibility and autonomy do I need in my career? What are my long-term career aspirations? How important is the alignment between my work and personal values?

Remember, your career is a marathon, not a sprint. Take the time to invest in self-discovery and don't be afraid to explore different paths until you find the one that aligns with your desired lifestyle.

Hope this was helpful.

Let me know if you missed out on any major category?

23 and confused? Start from what 'lifestyle' you want for yourself. 

Consider these 10 lifestyles (
Oct 17 · linkedin

At what point does convenience become inconvenient?

A couple of weeks ago, Ashish Sinha had shared a thread from Reddit where people were airing out their grievances over the latest crop of consumer-facing startups.

The main issue? Unsolicited follow-up calls and constant harassment in the name of marketing. All this while offering products and services that are only marginally better, but command a significant price premium.

If you ask me, I'd say that this is a classic symptom of marketing-led businesses, where so much is spent on awareness and consumer education, that the only way to break even is by charging the customer more.

Under normal circumstances, this would not be possible as most young businesses have limited cash reserves to spare. Even if they were to build a strong marketing function, they wouldn't do so by blindly throwing money on ads.

With the amount of liquidity that we've had in the past 10 years, companies went crazy with their marketing, paying little heed to long-term sustainability.

Sure, the marketing worked and their intended audience is now aware of them, but if their offerings don't justify their prices, what chance do they have, really?

If you ask me, I'd say this is a unique opportunity for someone to swoop in and build competitors with 'no spamming' as a core trait, like what Ditto Insurance is doing.

If that seems farfetched, existing companies could re-orient their marketing practices to be minimally intrusive (which can then be marketed as a USP :P).

After all, people will pay for convenience only as long as it's better than all available alternatives. If the convenience comes at the price of peace, calm and other intangibles, then you shouldn't be surprised if customers abandon your business in droves.

Have you guys felt the same way about startups?

More importantly, do you feel that local alternatives are better than buying from platforms and/or aggregators?

Let me know.

Related Questions

What inspired Raj Kunkolienkar to co-found Stoa School?
How did Raj Kunkolienkar's background influence the creation of Stoa School?
What were the main challenges faced by Stoa School during its operation?
How did the post-pandemic landscape impact Stoa School's business model?
What alternative plans did Raj Kunkolienkar consider before shutting down Stoa School?
Raj Kunkolienkar
Raj Kunkolienkar, photo 1
Raj Kunkolienkar, photo 2
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Location

North Goa, Goa, India