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Tag Archives: start up
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
Abhimanyu ( A warrior in Indian folklore) heard his father telling his mother about a deadly maze like military technique while he was an unborn baby in his mothers womb. He subconsciously lern how to enter that formation but not how to exit it since his mother fell asleep. He died as a consequence. I believe that start up Entrepreneurs are modern days Abhimanyu’s with our own exit problems… Continue reading
Start Ups don’t survive on Love and Fresh Air. They need real hard cash. If you are on the Poverty Line, don’t attempt to start up. There will be better times to be more adventurous…….Get that begging bowl out. Try and test (if you want to maintain Facebook like early start up Virginity) what people will pay for – but make sure that you know where the light switches are when the darkness arrives….. Continue reading
One of the most memorable & valuable piece of advise I got was from my long standing VC friend Rajesh Jog – who was at that time partner at E-Ventures and now runs VJIVE Networks. contests2win.com – my first start … Continue reading