Very few product companies make it big without taking external funding. The stories that are shared in the industry are all about companies that have targeted large markets, hit a phase of extremely high growth and have taken external capital to fund that growth. There are very few large (in terms of size / impact) companies that have bootstrapped their way to a product company. This is because...
Everyone knows that Enterprise Software is bloated with un-necessary fat. And the fat shows clearly in the way sales happens. In the latest book by Venture Capitalist Ben Horowitz, he shares a story where in order to please a customer, they went and acquired a company, whose product was liked by the purchasing manager, so that they could bundle its software with theirs and win the contract. So...
Revolution is not an easy word to throw around. Those cheering for a software products revolution in India must look at the historical context. Innovation Factory So many countries and communities have tried to emulate the amazing startup culture that exists in the United States, specifically in the Silicon Valley. The Valley is not only a fountainhead of creation and innovation in computer...
Open Source has been quietly making its mark. Kickstarter just completed a billion dollars in crowdfunding. A lot of the work funded via Kickstarter is licensed for public use. Because the initial capital is pitched in by lots of people, the creators have a lot of incentive to give it back to the people. The Do-It-Yourself community in both software and hardware is also on the rise. This is an...
