A little strange request but comes from very serious people. do you know any one who wants to become an entrepreneur…is a failed entrepreneur… Is looking for an idea?. A set of tech guys have an idea that they want to execute but can’t leave their jobs. Sll are senior execs with MNCs. They will bank roll it.
…and Rahul Yadav is back as CEO, per an official release to YourStory he had a healthy discussion with the investors and he has been reinstated.
what lessons do we learn from the shenanigans at Housing.com?
All press is good press?
Burn. Burn. Burn?
Traction can be bought?
Social etiquette be damned for crassness?
Sure we dont know what the fine print is of this mutual agreement but what of the larger message?
Rahan Khan advices an entrepreneur to send the intro email to a vc by citing the subject as :*revenue,… IIT Team, xyz….* that shows the extreme bias to the network of IIT, IIM, BITS in the vc circle.
If i ever raise money, i am going to hire one of these pedigree folks to just show up!
and thats a good take away from todays ET.
Good people, I am looking to connect with people who are in the B2C product space-non tech. I want to learn about the sales and marketing cycle/teams/revenue sharing vs rental deals…the whole shebang. I understand its a lot to ask, and so am happy to supply rider free
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Curious to know why VC is a preferred fund as compared to PE? is it just cause the VC channels are so in our face and active in creating visibility as opposed to PE?
In year two of a start up why is a founder looking for VC funding? And this in the Indian scenario where VC funding is not *adventurous* in the least. VC firms will string an idea thin to ensure that its profitable.
I have raised via PE and its been a productive ride. Personally, it was way easier for us to pitch a successful traction than the idea. At the idea stage we were like: we will give salon services at home…here are the numbers, growth path..and the VC’s, largely, shook their head cause there was no bleeding edge technology or a bankable product.
2 years later-The PE guy saw our growth plans, lots of discussions on how we were achieving that and growing…and we were done.
Insider news: I had a connect to the PE fund and NO connect with the VC network at that point.
So, does it also boil down to the network, insiders, facilitating members, connects..?
Investment wise the differentiating factors are listed here:
Ganesh’s being celebrated today in economic times. What’s come of the 1000 cr Pearson buy out of tutor vista? Do we know that its a dud and was Pearson’s last ditch effort to become relevant. Big basket is NOT their brain child, its Jerry Rao’s work and they merely invested. Me thinks the article today was an effort to have someone bite portea. A business with transaction value between 250 to 550 and costs of resource, fuel, driver, time. At what scale does it EVER get profitable? Midas touch or just bankable alumni clubs at work? Names big enough to blind reason and commonsense. Wondering!