Things are buzzing at Eko and we have just updated our website to let people know a little more of what we are upto.
In a startup working on the right things and keeping founder chemistry strong are important challenges. We think we are doing well on this score.
We have agreed on three key goal areas for this financial year. These are # of active customers that we want to exceed, an upper limit on the money we are prepared to burn without venture funding and a fundraising goal.
This helps us keep focused.
Your comments are most welcome.
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Roshan,
I will post whenever I think I have something of general interest to share.
Krish,
Investing in a startup that you are 100% involved in is not srictly investing. In this I am an entrepreneur and not an investor. I still think that good angel opportunities are hard to find in India but post August 2008 when I have some maturing investments. I may look at doing one angel investment a year.
I think now the listed equities tend to be fairly valued so getting 10X plus returns is hard.
If one can find quality startups then I think putting a small portion of networth in startups balances the portfolio.
Sanjay,
I remember you’ve wondered aloud in an earlier post about the wisdom of investing in startups vis-a-vis the relative ease (and far lesser risk) with which the same returns be generated from investing in listed equity (in shorter time horizon).
Now that you’ve chosen the startup route, I am curious to know which one do you think is better… and why ? May be it’s a little too early, yet to set you thinking…
Doweneedthisinfo,Spareus,
I also support your view that venturewoods should not be used for marketing pitch.But who are we to decide on the moto of this forum.
But I think Alok is atleast giving us(entrepreneurs) a forum to interact.And how can you forget that this is a platform basically of VC’s of india.
We are coming up with a platform for entrepreneurs of india.Watch out soon on VentureSprings.com.A suggestion to dowe..and spareus that have guts to say a spade a spade.
Those who want to know more about venturesprings can drop me a mail.
Vikas Shah
Thanks for the quick turnaround, Sanjay…
Personal satisfaction derived from fruits of labor is something that cannot be captured adequately by risk-reward equations.
You echo the investor community (that includes me too) while you say “I think now the listed equities tend to be fairly valued” – something we said even as Sensex was around 9000 and Nifty was about 3000… Birds of a feather flock together…:-)