Category Archives: Internet, Media, Mobile and Tech

All the interesting stuff!

The 9 Best Conversations I have had in my life – and the lessons I learnt from them!

He said, “Alok, we have taken a good look at mobile2win India. We like the business, the Company and the management. We are moving towards sending the board a term sheet to make a large investment. However, we have also decided to acquire your shares since we believe you are not adding any value to the Company.” Continue reading

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7 Reasons why you MUST know SALES!

When I was 17 years old, a real estate agent – M.M Goyal of Jaico Real Estates in Mumbai told me a Hindi dialog. He said ‘Vyaapari woh, Jo Bechta bhala’. Translated, it means ‘The businessman who knows how to ‘Sell’ is truly successful”.
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So, what are you looking at?

….If a simple, elegant, easy to read and easy to display number that’s most important to your business can be quickly established and then communicated to everyone, it helps a lots of things to fall in place…..So, it’s important to decide what metrics you adopt so as to measure your success internally and externally…..

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The toughest decision of my life…

The incredible story of how I co-founded one of the first mover Companies in the Mobile VAS business in India and China – how VC greed took over – how I the founder was actually thrown (dragged) out of my own Company and how in the end – all was well that ended ‘badly’… Continue reading

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The 6 Dangerous Bombs in Share Holders Agreements & how entrepreneurs can diffuse them.

Rodinhood made sure to check Definitions, Pre-Emptive Rights, Representations and Warranties, Restrictions on Shares, Tag Along Rights & Drag Along Rights in the Share Holders Agreement sent to him for approval Continue reading

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The 3 deadly weapons (in term sheets) that Kill Entrepreneurs..

Rodinhood’s comment was that if VC means Venture Capital, it should remain Venture Capital and not Vampire Capital. Hence, the fair multiple was 1x of the principal back and NOT 2x or 3x etc, etc, in favor of the VCs. 1x ensured return of Capital and nothing more if the Company was sold in extraneous circumstances. Continue reading

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ALWAYS miss the Woods for the TREES..

The effort to be ‘special’ is a never-ending process. Big trees that stopped being special and tried to grow new avatars of themselves have suffered badly. Sony to me was the best ‘music machine maker’ out there – Music systems and Walkmans was Sony’s signature. Not any more. They got distracted making lots of other gadgetry and Apple’s iPod just lumber jacked them. Continue reading

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