I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.
Startups that do not have what it takes to achieve velocity should not be venture funded.
Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis.
>>>By Guest Author Frank H. Levinson
In the first segment of this series, we saw what a singularity was and were looking at the evidence for the possibility of a technology singularity. So, let’s now fill in the revolutionary landscape (remember that the agricultural revolution which started about 10,000 BCE was the first one!).
The next major scientific revolution was led by Greek science and Roman engineering when systematic structure (e.g., modern mathematics was born) and methodology in terms of engineering occurred. We see this reflected in such diverse fields as geometry, >>>
Capital efficient ventures remain the best way to build healthy, robust businesses for a large number of entrepreneurs.
Sure, there are exceptions like Facebook, Google, and Amazon that are built differently.
But those are low probability scenarios. And raising money for fat startups has become very difficult.
Want to start a venture of your own? Find a niche. Start solo. Run lean.
And don’t believe the myth that solo entrepreneurs do not succeed.
Watch this inspiring 1 minute 17 seconds video and learn more:
By Guest Author Frank H. Levinson
Ray Kurzweil began writing more than 25 years ago about the possibility of a technology singularity occurring sometime in the late 20th century. He defines “Singularity” as “a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed.” >>>
Indian entrepreneurs should listen to this set of podcasts to get into the minds of investors who offer invaluable insights.
Naren Gupta, Nexus Ventures – As a co-founder of a firm with an excellent track record of investing in the Silicon Valley – India corridor, but with a global market point of view, Naren shares his insights, nuggets, and interesting wisdom.
Ashish Gupta, Helion Ventures – Co-Founder of one of the key players in India’s venture capital eco-system, Ashish shares his valuable perspectives throughout this crisp and insightful conversation.
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On February 29, 2008, Forbes published my column that remains a highlight in my career in tech journalism: The Coming Death of Indian Outsourcing. I found myself on the receiving end of a deluge of hate mail on a scale that I have never encountered before or after. I am known as a relatively balanced, objective, and fair commentator on the state of the industry. I don’t sensationalize issues unnecessarily. This article, that I thought was sound in its logical analysis, triggered an immense defensive reaction.
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Can you bootstrap a Product company using Services?
Most certainly you can.
Watch this inspiring 1 minute 27 seconds video and learn how:
By Guest Author Ajit Narayanan
This Man-Superman terminology smells like some adolescent Ayn Rand-ian fantasy, but I agree that humanity will bifurcate into two types of people: the Happy and the Not-Happy. And entrepreneurship or capital (or even skill) will not be the dividing line here.
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Can you enhance your negotiating power in fundraising?
Most certainly you can.
Watch this inspiring 1 minute 14 seconds video and learn how:
In order to give focus to some major changes she sees on the horizon, Sramana Mitra has written several pieces that grew out of her original article, Man and Superman: Human History Bifurcates. The previous articles in this series: Two Distinct Species; What CAN Be Controlled?; Rationalizing Populations; How Long Does Democracy Survive?; The Environmental Time Bomb; Role of Religion, and Will There Be Revolution? Please share your thoughts and help get the conversation going.
As this series has developed, I’ve had the privilege of listening to various perspectives about the possibilities. I’ve also had very interesting exchanges about questions, alternatives, and ramifications.
One particular point of view, over a beautiful luncheon at my friend Enrica’s, concerned online learning.
Clearly, the distinction between Man and Superman is largely in intellectual capacity.
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Do you need Venture Capital to grow fast?
Conventional wisdom says yes.
VCs would like you to believe yes.
But it’s not true.
Watch this inspiring 1 minute video and learn why: