Skip to main content

Posts

Showing posts from December, 2012

"Unpaid Volunteers Better Than Paid Employees"

Interesting take from Derek Flanzraich, Founder and CEO of Greatist, in his Mixergy podcast:
...convincing people to work for very little money, or no money, is very hard, and if you convince them, it means they’re in it for something else. I love that. I love the idea that we were creating an online TV show at my university because people genuinely thought it was important that we do it. The students were learning how to run a camera, something they’d never done before, purely because they thought it was important that we poke and satirize the university. Here it’s no different, except the difference is it’s bigger and more meaningful. We want to help people think of health and wellness in a healthier way. When we interview people for new jobs, if they don’t believe extraordinarily, passionately in this vision of the future and want to have a hand in shaping it regardless of their experience, we don’t hire them. I got reminded about the amazing story of the origins of CricInfo (now …

Buzzword Bandwagon

Ashish of Nextbigwhat has a nice post on why it's dangerous for Indian startups to (ab)use "cloud" as a marketing buzzword when pitching to customers (as against investors). To which I added the following comment:

Just when the logic of SaaS (pay as you go; no installations reqd; upgrades are automatic, etc.) seemed to be getting through to the target market (SME owners/promoters), the vendors have abandoned it (at least the word) to make themselves cloudy.

Having said that, let me join the buzzword bandwagon.

Dear Investor, 

We are a cloud-based big data firm leveraging social networks and are working on a disruptive mobile application (iOS only). Interested?



Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private company transactions, valuations and financials in India. Click Here to learn about Venture Intelligence products that help entrepreneurs Reach Out to Investors, Research Competition, Learn from E…

Know the level (of thy company) before you "let go"

And other vignettes from TiECon Chennai-2012

"I'm going to just stay still like you," said the rabbit to the owl on the tree branch above. And proceeded to stay still. Just then, a fox happened to pass by and got to enjoy a nice (effortless) dinner.- Satguru Jaggi Vasudev to emphasize that entrepreneurs can afford to delegate depending on the level at which their company is. (If the company is operating at a vulnerable level - like the rabbit - then they better be "running around" focusing on even the smallest details. But if the startup has taken off, they can afford to perch themselves and run their companies with an owl's eye view.)

Keep your eyes on the immediate next milestone (say, Series A funding) and focus on what you need to get there. Everything else is a distraction.
- K. Ganesh, Founder of TutorVista & CustomerAsset

You have one life to live. And it is too short to worry about building a legacy and be wedded to one company foreve…

Naming Your Company

From a post on being practical

Of simple startup names that work -
Single letter words – Path, Square, Fab, UberTwisted Spellings – Lyft, Digg, DisqusTongue Twisters – Quora, Twitter, BitlyDouble letter words – Instagram, Foursquare, SendGrid, Facebook, AngelList, TechCrunch, PostMates (Wishberg goes here).Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private company transactions, valuations and financials in India. Click Here to learn about Venture Intelligence products that help entrepreneurs Reach Out to Investors, Research Competition, Learn from Experienced Entrepreneurs and Interact with Peers. Includes the Free Deal Digest Weekly Newsletter: India's First & Most Exhaustive Transactions Newsletter.