Wednesday, April 20, 2011

Entrepreneurs & VCs

Entrepreneurs & VCs: Evolving a partnership
Raja Kumar, C E O & MD, UTI Venture Funds, UTI Venture Funds
First, Indian entrepreneurs are often not receptive to advice. When VCs advise them about certain issues, entrepreneurs dismiss them without considering the advisor is a man who has invested in the company. One good example is the numerous underdeveloped product companies in India. Despite a VCs' advice on how a product company should be built entrepreneurs disdainfully designed their own products with a blind hope of the markets accepting and adjusting to these products. Entrepreneurs thought that market would adapt to their products, which never happened.

Individually, each entrepreneur is often a powerhouse of talent with an amazing sense of knowledge, and experience with high-level positions in MNCs but in a group most of them falter. They often fail to play the role that is assigned to them and their typical India mindset causes each of them behave like the owners of the company. Vainly, their private advisors disillusion them with poor suggestions, like aiming for higher percentage of control. VCs demand MIS and the entrepreneurs have nothing to report because there are hardly any customers or pipelines. More importantly, when things are difficult, VCs surely ask for reducing the burn and taking a salary cut, something entrepreneurs are averse to. As a result, they blame those far from their affections: VCs!

Typically, tech entrepreneurs are domain experts in a particular niche space but are not flexible enough to adapt and learn other aspects of the same business. Entrepreneurs hardly monitor cash position, because VCs do that for them and obviously force them to act accordingly. The most important part of business is converting pipelines into a customer base so when entrepreneurs cannot close neighborly transaction due to the lack of business accruement it's intolerable for VCs. It is not that these entrepreneurs have not made attempts at customer traction to develop the pipeline, but the closing of the deal is different where entrepreneurs stumble.

Something else the entrepreneur needs to appreciate is that his VC backed venture needs to continuously scale up within a given time frame. After all, VCs are financial investors who need to realize returns in a particular time period because they are measured in IRR terms by their investors.

Also, it is very important for the entrepreneur to be transparent about important issues like the financial health, pipeline, and relationships with key personnel since the VC will become aware by virtue of being involved in the market. The danger is that such lack of transparency will create doubts in the minds of VCs about other issues as well.

Wednesday, April 13, 2011

they want to teach you a lesson

Subah subah abhi abhi one boy wanted to giver me a gyaan...
People only know to point fingers towards others, they dont think that the same finger can easilly be turned around and pointed towards themselves.
Whenever I feel suffocated, I leave that person or place. Overdose of religion or anything in excess also irritates me.
People are ready with lessons....advices....they want to teach you a lesson....I always give them a chance to vomit...;-)...or the poor fellow will have indigestion and bloated stomach....;-)

Wednesday, April 06, 2011

Monday, April 04, 2011

5 things you should never reveal online

5 things you should never reveal online

You may love being online, but that doesn't mean you can reveal all. Here are somethings that should be kept under wraps: 

Intimate photos or videos: Something that you post in the heat of the moment may come back to haunt you many years later. Anything that's once posted online can never be deleted completely. So make sure that you don't post something that you may not want you colleagues, boss, siblings or parents to see. 

Your phone number: And for that matter even your address. Even if you think that you can trust you e-friend, don't be naive. Similarly don't give out you address for some lucky draw. This very lucky draw may prove 'unlucky' for you. 

Don't post any abuses: If you have some complaints against you boss or teachers don't write messages against them over the net. For starters, it can be easily traced back to you. Wouldn't you rather talk about your complaints face-to-face with your boss than miss out on that promotion you were vying for. 

Bank details: It's one thing to pay your bills online over secure websites, but never ever can you give out your account number or your ATM pincodes. Don't take such risk no matter what the emergency is. If someone asks you for such details be suspicious of them. 

Minute-by-minute details: It's one thing to tell people how you feel or crack a joke a two over the net, but don't give out details like 'going out for groceries' or 'heading to the local bar'. 

Sunday, April 03, 2011

Time to chat with Laila

Time to chat with Laila

Posted on May 27th, 2009 Birla 6 comments

We have been trying to bring Laila to life on various mediums. We have already covered Web (Website, Widgets, Search Bar), Mobile (SMS, WAP, USSD) and TV in lot of it's forms. Now Laila is coming over to you on favourite messengers/Chat Clients.

Yahoo Messenger
Add to your friend list on your messenger and just get started. More details from Yahoo on how to add a friend are available at

Add as your friend list and get started. More details on how to add friends can be found at

Few things you need to remember when you chat with Laila
- Start with a "hi" or "hello" just to break the ice.
- You can always type "help" for getting help from Laila.
- Laila needs to know your city. Just type "select ". Eg. "select Mumbai"
- The format of the query is simple – query, location. Just to explain with few examples – "pizza, bandra"
- If you thought Laila knows only about business, you were wrong. You can also ask Laila about movies and events. Eg. "painting exhibition, jayanagar" or "Dev D, Noida"
- Getting more results is as simple as typing "m"
- You can always click on the URL to see more details about on our site
- All (almost) girls love gentle language, just be kind.

Direct PC to PC Data Transfer, Share CD/DVD & Internet Connection

Source of Article:

Direct PC to PC Data Transfer, Share CD/DVD & Internet Connection

Sharing Internet Connections or sharing CD/DVD when not available is really hectic work. But now I have found out an Amkette Flash Link device which makes the internet sharing and synchronizing lot more easier that you can assume.

Amkette Flash Link

Amkette Flash Link is a multipurpose tool which will allow any one who has the device to transfer data from one PC to another, internet and networking sharing without the need of router and CD as well as DVD sharing easily. With Flash Link from Amkette you can easily exchange music, videos and data files with your friends & colleagues both ways.

Amkette Flash Link

Amkette Flash Link device has the following advantages & uses in the practical world-

PC to PC Data Transfer

This device lets you transfer any data from one computer to another at a speed of 20 Mbps which means that you can easily copy 1GB of data in less than 1 minute. So you have no problem now in moving from home to office, office to home since you can transfer your files and carry it all along providing synchronization between the two PCs. It can also store up to 256 MB of data through onboard memory and uses USB 2.0 plug-n-play functionality.

Internet & Network Sharing

In the real world network sharing, printer sharing, internet sharing & file sharing is really hard. Internet sharing is impractical without router and modem. But with the Amkette Flash Link you can share internet connection from one to PC to another easily and take the advantage of playing games in network, stream music and movies and sharing printers & other hardware easily.

The main reason would love to have this device is it capability of internet sharing without any router or switch.

CD/DVD Drive Sharing

This devices makes it easier to sharing DVD/CD if your laptop or PC doesn't have one. So now no need to have separate DVD writer for each PC or netbook.Amkette Flash Link

Outlook Mail Sync

You can also synchronize Microsoft Outlook between two computers and take a regular backup of your data.

Amkette Flash Link

You can watch video here to help you easily understand what Flash Link device from Amkette can make your work easier.

Amkette Flash Link is priced at Rs 990 and can be order from Amkette Site with 1 year warranty. It supports Windows XP/2000/Vista/NT/Windows 7 operating system PCs.

dialing the number you have stored as "ICE." in medical emergencies

We all carry our mobile phones with names & numbers stored in its memory but nobody, other than ourselves, knows which of these numbers belong to our closest family or friends.

If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but wouldn't know who to call. Yes, there are hundreds of numbers stored but which one is the contact person in case of an emergency? Hence this "ICE" (In Case of Emergency) Campaign

concept of "ICE" is catching on quickly. It is a method of contact during emergency situations. As cell phones are carried by the majority of the population, all you need to do is store the number of a contact person or persons who should be contacted during emergency under the name "ICE" ( In Case Of Emergency).

The idea was thought up by a paramedic who found that when he went to the scenes of accidents, there were always mobile phones with patients, but they didn't know which number to call. He therefore thought that it would be a good idea if there was a nationally recognized name for this purpose. In an emergency situation, Emergency Service personnel and hospital Staff would be able to quickly contact the right person by simply dialing the number you have stored as "ICE."

For more than one contact name simply enter ICE1, ICE2 and ICE3 etc. A great idea that will make a difference!

Let's spread the concept of ICE by storing
an ICE number in our
Mobile phones today!

Please forward this. It won't take too many "forwards" before everybody will know about this It really could save your life, or put a loved one's mind at rest

ICE will speak for you when you are not able to