So, the kid is at school, a new phase of his life, away from home, away from all things familiar, away from family, away from friends, new friends to be made, a life ahead of him. A life for him to shape the way he wants it.
The instructions then, for Round Two were to judge the twenty six who made it through the elims out of the two hundred fifty odd who had initially applied. Not only were we to judge but also mentor and that’s a bit of a trick. Only twelve will make the grade this time, and move on to Round Three.
Amol and I were with a leading captain of industry, and an authority on the Startup ecosystem, just this past Monday, and the discussion centred around the rather vexatious subject. We discussed Scale challenges, operational challenges, skill challenges. We also discussed specifics about how certain well-known Private Equity, Venture Capital firms were struggling, and were facing serious challenges in finding viable exits or the ability to cash out.
There are some things that just set me off, one of them is misinterpretation of age-old Indian traditions, culture and doctrine handed down through generations from Father to Son, from Guru to Disciple, from Mother to Daughter. So when people start banding the institution of Guru, I get set off.
Startup success sin’t measured purely in terms of funds invested. The Punt or the exit isn’t the measure of success, Profits are.