tag:blogger.com,1999:blog-10363764.post6830849045213380533..comments2023-10-31T20:32:23.406+05:30Comments on Himanshu's Blog - Technology, Entrepreneurship & Business: Myth-Web around Indian StartupsHimanshu Shethhttp://www.blogger.com/profile/13275510411022574167noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-10363764.post-83224646128588322622008-06-18T13:54:00.000+05:302008-06-18T13:54:00.000+05:30Hey,@Satpal:Thanks for the comment and it is nice ...Hey,<BR/>@Satpal:<BR/>Thanks for the comment and it is nice to see you back FINALLY on ThoughtsPrevail :)<BR/><BR/>-Himanshu ShethHimanshu Shethhttps://www.blogger.com/profile/13275510411022574167noreply@blogger.comtag:blogger.com,1999:blog-10363764.post-74551334136322557802008-06-16T14:35:00.000+05:302008-06-16T14:35:00.000+05:30Best post ever :)i just loved it.RegardssatpalBest post ever :)<BR/>i just loved it.<BR/><BR/>Regards<BR/>satpalCurious MIndhttps://www.blogger.com/profile/03007368473017067085noreply@blogger.comtag:blogger.com,1999:blog-10363764.post-4576197745295539162008-06-06T17:02:00.000+05:302008-06-06T17:02:00.000+05:30Hey,@Nithya:Thanks for the comment.In fact,what I ...Hey,<BR/>@Nithya:Thanks for the comment.In fact,what I have written here is from our personal experience.We always see people giving examples like Google,Apple etc etc but where is an Indian example? There are hardly any (: First, such examples should be built and than we can say "Things are building up" !!!<BR/><BR/>-Himanshu ShethAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-61283942431957396822008-06-05T13:31:00.000+05:302008-06-05T13:31:00.000+05:30'but many times, we tend to forget that Indian Ent...'but many times, we tend to forget that Indian Entrepreneurial Ecosystem is different from that in the US'<BR/><BR/>Thats very true. Mainly for the reason that our ecosystem is still incomplete for want of entrepreneurs who have had successful exits one can look up to. I think its the first crop in India and its gonna take sometime to mature.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-6548281986903208292008-06-01T16:08:00.000+05:302008-06-01T16:08:00.000+05:30Hey,@Alok: BRAND is fine, but we cannot misjudge t...Hey,<BR/>@Alok: BRAND is fine, but we cannot misjudge that every individual from so called BRAND would be himself/herself a BRAND.<BR/><BR/>I think you hot the hammer at the right place :) The article is really very inspiring , have added the same in my article.Thanks for sharing the link with us.<BR/><BR/>-Himanshu ShethAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-79843276531059229152008-05-31T01:48:00.000+05:302008-05-31T01:48:00.000+05:30Truly these are myths; taking the example of IITs ...Truly these are myths; taking the example of IITs … no doubt it is a premier institute but that doesn’t mean people from other institute can’t grow their ideas and come up to the level of expectation … then how many of will be brand conscious ?<BR/><BR/>I found something really inspiring, it may not relevant to startups at this point of time but definitely will change the way we look at things …<BR/><BR/>http://www.rediff.com/getahead/2008/may/27ias.htmalokhttps://www.blogger.com/profile/17906469358734643462noreply@blogger.comtag:blogger.com,1999:blog-10363764.post-33400270915605321652008-05-28T20:55:00.000+05:302008-05-28T20:55:00.000+05:30Hey,@Jessica:I am glad that you agreed with my poi...Hey,<BR/>@Jessica:<BR/>I am glad that you agreed with my points :) These cities are way forward as far as building an ecosystem is concerned and this pain can only be felt by startups who are not located in these Tier-I and II cities.<BR/><BR/>-Himanshu ShethAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-13366511665923402712008-05-28T09:46:00.000+05:302008-05-28T09:46:00.000+05:30Hi,Very truly stated......Many of us forget that t...Hi,<BR/><BR/>Very truly stated......<BR/><BR/>Many of us forget that the Ecosystem is a crucial factor in any startup and to bring a change , we need to be a part of that ecosystem.<BR/><BR/>FACE TO FACE CONTACT is far better than VIRTUAL contact (through the high speed net or any other means)<BR/>Being in places like Mumbai, Chennai, Pune, Banglore etc. gives you a chance to encounter different people and make new contacts (which is very important for a startup)<BR/><BR/>Hence true ....we have to join the change to make a change.<BR/><BR/>Keep writing....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-45212259953646375212008-05-28T02:57:00.000+05:302008-05-28T02:57:00.000+05:30Hey,@Rashmi Ranjan:Thanks for the comment.Before V...Hey,<BR/>@Rashmi Ranjan:<BR/>Thanks for the comment.Before VC, we may talk about Angel funding which is only good in newspapers and Angels are risk averse when they have to fund typical Garage Type Startups.<BR/><BR/>PURE TECHNOLOGY COMPANIES are still not welcome here !!!<BR/><BR/>Let's hope that the situation becomes better in future :)<BR/><BR/>-Himanshu ShethAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-58776202168949493732008-05-27T15:15:00.000+05:302008-05-27T15:15:00.000+05:30Himanshu,well said and even I am expecting the sam...Himanshu,<BR/><BR/>well said and even I am expecting the same thought from the VCs probably.<BR/><BR/>However, the concept of seed funding is yet to penetrate in India. VC are shying out from seed funding and often the seed funding is the first stage to implement the idea.<BR/><BR/>Over all I liked what you have pointed out. lets see<BR/><BR/>Thanks,<BR/>Rashmi Ranjan Padhy<BR/>www.rashmiranjanpadhy.comMBA Studenthttps://www.blogger.com/profile/17953441159104159132noreply@blogger.comtag:blogger.com,1999:blog-10363764.post-26598059014270365482008-05-27T11:14:00.000+05:302008-05-27T11:14:00.000+05:30Hey,@Manish:I expected a reply like this only (:My...Hey,<BR/>@Manish:<BR/>I expected a reply like this only (:<BR/>My points below:<BR/><BR/>IIT and IIM have brand value....<BR/>>>Why VC are kept in mind from the beginning? I also agree that IIT/IIM's are required but would you let go a good guy(if he is not an IIT/IIM),just because VCs won't fund you? On the lighter side, can we say an intelligent student in Class I would be the same great student in Class X? This was my point.<BR/><BR/>At each stage, a company needs different PR........<BR/>>>My idea about Media was related to success.It is always required but many Startups get carried away with the Media Coverage.<BR/><BR/>Yes, to attend unconferance just to get fund......<BR/>>>First of all,the post of CEO itself creates vibes in the minds of many people.Imagine an Engineer turned Entrepreneur(who is just in his 20's-30's).He can meet more like minded people in such places which would help his/her startup to be taken to the next level.Sure they all have priorities, but as many successful entrepreneurs say "CEO is an engineer first and than a CEO"...so till the time your company does not reach great heights, you are still an Engineer(turned CEO) and not only a CEO :)<BR/><BR/>Thanks for such great comment.<BR/><BR/>-Himanshu ShethAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10363764.post-72445592353210294912008-05-27T10:23:00.000+05:302008-05-27T10:23:00.000+05:30HimanshuI think, I am not fully agreeing this time...Himanshu<BR/><BR/>I think, I am not fully agreeing this time, with most of the points :)<BR/><BR/>1. IIT and IIM have brand value in mind of VCs. So their alumni have more chance to get fund. <BR/><BR/>2. Venture funding is required. However, theoretically VCs have many more responsibility in addition to fund the startup. Yes, funding is just starting point. <BR/><BR/>3. At each stage, a company needs different PR strategy. Yes, Social Media is emerging concepts. Yes media coverage is not success. But it is required to attract talent. <BR/><BR/>4. With ubiquitous broadband Internet, IT startup can be anywhere. We have many non-IT startups too.<BR/><BR/>5. Yes, to attend unconferance just to get fund, is shocking. However CEOs of startup have different priorities. They may need to attend different other such events, panel discussions etc. <BR/><BR/>The entrepreneur should correctly estimate customer need, the market and how the product/service will fit, when it will be ready. It is yet to be developed. So the team cannot visualize it. So the entrepreneur has to be confident and convincing about the success. <BR/><BR/>Regards and Keep Smiling<BR/>ManishManish Panchmatiahttps://www.blogger.com/profile/14140017847786130994noreply@blogger.com