May 19, 2011

Beware of Corporate Duryodhans

From Devdutt Patnaik article in Economic Times:
Vivek wants to make sure that he gets 100% of the promised bonus.For that he to get 5/5 on appraisal,something that according to the bell curve of the company less than 10% of the organisation can get.So he has spent the past three months doing everything that the boss has asked him to do.He knows that obeying his boss and ensuring the boss feels like a boss guarantees him that score.He does his tasks exactly the way the boss tells him to,he makes fun all the people the boss makes fun of,he admires everyone the boss admires,he reads the same books his boss reads,he does everything to please his boss.

In his team,there are people who much better at work,and who are of greater value strategically for the organisation.But they do not invest as much time on the boss.And so while Vivek and others get an equal score on quantitative matters,only Vivek gets full score on qualitative matters.A week after Vivek gets his bonus and his raise,he submits his resignation and moves on to the next job and to next boss.And the boss,who had told the management how committed and deserving Vivek was,feels like a fool.A victim of yet another corporate Duryodhan.



Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. Click Here to learn about Venture Intelligence products that help entrepreneurs reach out effectively to the investing community.

May 18, 2011

Opening at Venture Intelligence: Head – Research Services

We are looking to hire a suitable candidate for the following position:

Designation: Head – Research Services

Location: Chennai

Reporting to: MD & CEO



Roles and Responsibilities

o High quality of research that enrich the Venture Intelligence product offerings
- Provide hands-on leadership for a team of analysts to create and update financial transaction and valuation information in user-friendly format.
o Assigns daily workload to analysts and follows through on all tasks assigned to the team. Contributes to production as needed.
o Ensures deliveries are on-time and conform to quality standards.
o Accountable for performance of the team and effectiveness of production processes. Responsible for intra-team policies, procedure, and workflow.
o Assist in recruiting new team members by evaluating candidates
o Implements training for new hires and existing team members as necessary
o Develop new features/products for existing customer segments
- Should be able to interface with programming (internal/outsourced) to develop new features, products, etc
o Develop new target segments (by working with the BizDev team)

Qualifications
Ideal candidate would have 10-12 years experience in the financial services/research domain with at least 3 years in a start-up environment.

Must Haves
• Keenness for an Entrepreneurial leadership role
o Excellent coordination, organization and multi-tasking skills
o Strong problem solving capabilities with hands-on approach
o Self motivated & ability to work in an unstructured environment
o Act independently to manage projects from start to finish
o Ability to communicate with people at different levels of the organization
o Exceptional oral and written communications skills.
o High familiarity with corporate finance instruments ; PE/VC deal terms and M&A structures
o Understanding of Indian market place
o Interest in hiring and grooming a research team

Desirable
o CA / MBA Degree
o Hired & managed a team of research analysts before
o Familiarity with international database products
o Quantitative Modelling & Familiarity with Alternative Investments Analysis
o Exposure to Indian market place – offerings / pricing/ sales strategy
o Technology savvy – ability to create specs and work with programmers for new feature/product creation

Interested candidates can email their resumes to arun@ventureintelligence.in

May 11, 2011

ET NOW launches ‘Super Angels’ Series

Edited extracts from the Press Release:

24-hr English business news channel ET NOW has launched ‘Super Angels’, a path breaking series which will witness start-ups raising funds on national television, for the first time. The show will feature 20 of India’s most innovative start-ups and 4 of India’s most influential investors along with a national audience who will choose India’s next ‘Super Entrepreneur’.

The 4 Super Angels on the show are Mahesh Murthy, Managing partner; Seed Fund, Vishal Gondal, Founder; Indiagames, Harshal Shah, Founder; Reliance Ventures and Sanjay Parthasarthy; Entrepreneur and Angel investor. The show will be anchored by Sudhir Syal, Editor; ‘Starting Up’.

Every week one start-up will make a pitch to an investor; the TV audience will then be given a chance to vote for the pitch through SMS, email and Facebook. Five months, after the completion of 20 start-up pitches, the audience votes and the investor’s votes will be collated to choose the final 8 Start-Ups, which will then make their pitch in the grand finale. These finalists will have the opportunity to raise funds between Rs.50 Lakhs & Rs. 2 Crores on the show live. During the 5 month period, the start-ups will be mentored by entrepreneurs handpicked by the show’s Mentoring Partners – ‘TIE’.

The series premiers on 10th May at 10:30 PM and will be aired every Tuesday at 10:30 PM with repeats on Saturdays at 10:30 PM and Sundays at 10:00 AM.

The promo video for the show can be viewed here: http://www.youtube.com/watch?v=BoOvpk-iNZw