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.
Originally posted on LAUGH. LOVE. LIVE. LEARN.:
Are you happy living there? The magic question I am asked all the time. I was happy living…
That was not to be, and instead, despite my considerable stints with considerable and financially sound national and international corporations, in seniormost roles, both in India and four continents, I would still continue to deal with businesses, with roles and assignments, that all had in some way, shape or form, “startup” as the central pivots of the roles that I played
60 million? Back in the day, and I’m talking some 17-20 years ago, that was a lot of money, and all I could think of is the fee based income that would follow suit. Would it? How? Well 1.5% as a Syndication Fee was a tidy bit of pocket money.