Comments on: Seed stage investment in India : Reality check

By: Mr. Supriya Dutta

Mr. Supriya Dutta — Mon, 25 Jan 2010 16:03:31 +0000

Dear Friends,
I believe that it’s not very difficult to make an impression about the project in the mind of the angel investor or VC’s, if the project is viable enough to sustain in a long run. Even if the entrepreneur initiates for a seed funding where he/ she can show the investor about the project’s competitive differentiation and or any new ideas, then aslo it’s easier to get a funding. However, what is difficult is that the right platform to reach to the investor who can be interested to your project. There are many Seed Funding websites who guides you on how to pitch, make a business plan etc etc etc. BUT, does they all COMMUNICATE with the entrepreneurs when they get to know about a project. I’ve tried in many ways to get in touch with them. Sent my business plan and followed up then. Although their area of interest of investment was similar with my business sectors, they were unable to give me proper feedback. I believe, lack of responsibility-communication-mentoring for presenting them to some group of investors etc. makes them a “MASTER OF NONE”….. Also, last but not the least, many of the VC Funding arrangement companies doesn’t follow professional ethics. Sometimes they steal ideas of others which is an alarming factor in India specially….

Warm regards,
Mr. Supriya Dutta
Kolkata,
India.

By: 2k8 › Professional attitudes and startups

2k8 › Professional attitudes and startups — Thu, 14 Aug 2008 08:36:02 +0000

[...] Lack of global standards of professional behavior seem to be fairly widespread. This was written by 2k8. Posted on Thursday, August 14, 2008, at 8:36 am. Filed under India, websites. Bookmark the permalink. Follow comments here with the RSS feed. Post a comment or leave a trackback. [...]

By: Ankit

Ankit — Fri, 07 Dec 2007 15:37:04 +0000

Well, I dont think it is fair to compare the investment culture in India with that of Valley. VC/Angel investment is quite a new phenomenon in India and it will take some time for the ecosystem to develop.

By: Pavan

Pavan — Thu, 06 Dec 2007 10:57:51 +0000

Professionalism, work ethics and realty check, these are the points every Startup needs to be focussed right from the day one. these points are not a Financial burden for any startup( you dont need money to be professional ) but it adds lot of value to the startup and always helps you to manage your affairs better,, both internally and externally

By: Prashanth

Prashanth — Wed, 05 Dec 2007 13:06:09 +0000

firms are being too cautious and not taking risks.

By: Utkarsh Sinha

Utkarsh Sinha — Wed, 05 Dec 2007 12:08:12 +0000

Hi Ashish,
Well I was waiting for this post to happen and guess what there it is. I’ve been contantly shouting from the beginning that VC’s and even Angels look for more matured/late stage companies for investments.
They hold other investors money with them and want to give them an excellent return which is absolutely correct, but why invest in only those where you get about a dozen references from other high fliers and already experienced entrepreneurs?
If investors did not believe in Apple during their Garage-startup days we wouldn’t had had Macs, iPods and iPhones. So the report states rightly that ‘Silicon Valley’s success has been attributed to a vibrant network of ‘weak ties’, i.e., opportunities for would-be entrepreneurs to interact with financiers, potential co-founders and fellow employees in settings such as meetings of professional associations’.
VC’s just rubbish 97% of those would-be entrepreneurs and go for much more matured ones. What do they say about ‘Facebook’?, What about Mark Zuckerberg? Why did they believe in them? Only because the VC’s/Angels were daring enough on the West Coast.
So this is a call to all those VC’s/Angels to please for god-sake come forward, be a bit more “Open” to entrepreneurs.

That’s all.