You’ve shaped up your business idea to flag off. You have a pool of talent believing in that idea and lined up with working prototype with feedback. Now, it’s time for funding to take your idea to concept to design to product to a successful business. Depending on the idea, startup projects can be particularly expensive and often incur new, unforeseen costs. That is particularly true of...
Being an Associate in a Venture Capital firm is a dead-end job*, that you can’t leap without entrepreneurial experience. And, entrepreneurs hate you for your pesky, clueless mails. Here’s hoping to help you out – and help ourselves. Dear Associate / Analyst, I know I took a big stab at you [1] and went public with it. I know you are trying to do your job, but the way you are going about it...
Accelerators are in the business of creating Startups – or atleast taking the first bet. Its a startup of startups; Which means, everything they talk about as risk, in venture capital nicely gets bundled up and will get put on the head of what is the accelerator. Going back to the basics, Now depending on which accelerator you are involved with, there might be two or three key milestones...
After our 1st session of #AngelOfficeHours in Bangalore, Our next Angel Investor Office Hours will be in Mumbai on 22nd January 2013 at the Mumbai Angels office at 111, Industrial Area, Hindustan Minerals Compound, Next to Chroma Store, Cinemax Lane, Sion East, Mumbai 400022. Seasoned Angel Investors Anil Joshi and Ajeet Khurana of Mumbai will offer 8 Startups a chance to pitch to them. Startups...
How to hack your seed round in India, got 63 emails, comments and twitter messages asking me to take the post to its next logical step. The 3 biggest issues entrepreneurs raised were: 1. They dont have the email addresses of these angel investors. Even if they did send them an email, responses were slow or went into a “black hole”. 2. The angel networks in particular have a fairly arduous process...
Like you, I assumed that all VC’s are risk takers. I mean as an asset class if you have to provide the highest returns over the long term, I would suspect you have to take big risks to get big returns. The average Indian bank has been giving around 8% annual returns on FD (source), real estate returns about 13%, and gold loan providers will give you close to 15% I am told. So, VC as an investment...
