According to a recent HT-Cfore survey amongst youth, Entrepreneurship is the top career aspiration at 22% of respondents. Others such as Science, Engineering etc follow later. I guess this survey did not cover people already in jobs, and that number might only be higher. I remember fifteen years back, it used to be Engineering, Medicine, […]
Creative Destruction
Entrepreneurship induces destructive changes in the underlying system. This is how the famed, uncontemporary economist Joseph Schumpeter defined it. He termed it as Creative Destruction. This rebel economist was the first one to rightly predict economic ecosystems like Silicon Valley, giving a deep existential insight into the mind of the entrepreneur. A far-cry and almost […]
Business Plan Archive
Just stumbled on this interesting website which can be a useful resource for entrepreneurs who want to get a taste of how some real business plans were blueprinted, formulated and implemented. The Business Plan Archive is a joint archiving project headed by prestigious institutions like Library of Congress, the Center for History and New Media […]
IIM – A visit
I just returned from IIM-A after talking to students on ” Is a Startup right for them” and “Investors & Business Plans”. Beerud , CTO of Webaroo and earlier founder of e-Lance was also there and spoke on ” Start up: What it takes”. IIM – A is thinking of having a business plan competition […]
Mobile Blog
Nimesh from ValueFirst has started a mobile blog. Currently all the posts are his. I found it interesting reading. Mobile enthusiasts may want to check it out.
Wireless Value added services cleanup in China
According to statistics from the Ministry of Information Industry (MII), China’s 426 million mobile phone users sent more than 200 billion short messages in the first half of the year. Last month, Worlds biggest mobile market started an initiative to cleanup the wireless value-added services industry. Under the policy directives of China’s Ministry of Information […]
PE/VC jobs in India
I got quite a few requests with regards to possible VC/PE jobs at Battery Ventures and elsewhere in India. First of all thanks for reaching out to me. A quick suggestion to people interested in the space. The typical VC/PE jobs are few and far in between, but there are definitely a lot of opportunities […]
Business 2.0 – Startup Ideas
Business 2.0 has a list of startup ideas they like. For India, a mobile based ad network, and wine imports business make it to the list… I would have thought there are far better ideas available as well — not that these ones are not good. But I like these guys for being specific rather […]
BW – Venture Capital: The Good, Bad, and Ugly
A very well balanced article in businessweek on what value VCs add, how they constraint the team, and what can go wrong. I think its useful to link this back to the objectives of the core team in terms of building scale versus lifestyle businesses, timing issues to scaleup and associated competitive threats, and so […]
No ease of use – Service Tax
As an advisor to FINO I have to collect service tax on my advisory fee and pay it to the Service Tax department which is part of the Central Excise Department. I need to get registered and get a service tax number. By now I know I should just ask my tax advisor to do […]
Ease of Use – You Tube
I came across this article on why You Tube is getting such high usage. A quote from the article…… ” Then comes YouTube. The first thing you notice about YouTube is the lack of barriers to entry. You can sign up quickly and upload anything in any format right away. YouTube’s computers then transcode (convert) […]
Battery Ventures in India
Hi Everyone, I recently joined Battery Ventures to help with their India investment strategy and wanted to reach out to the Venturewood community with this post. Battery Ventures made its first investment in a purely India based product company in Jan 2005 in Tejas Networks India Pvt Ltd. We are close to announcing two additional […]