Tuesday, June 14, 2011

Maths of maths

The only maths I seem to be using is Addition, Subtraction, Multiplication, Division, Averaging, Simple and Compound Interests, and elementary probability. Still trying to figure out what to do with the rest.

VCs go away

Why I don't believe in Venture Capital Funding

Conventional wisdom for a startup is to generate enough dough to get a VC interested, and then it is his headache to put money to keep it going. I hate this thought and this mode..because

a. It takes away focus from what to build, to what would impress a VC
b. Instead of pleasing your customers, you are chained to please your investor
c. Easy money on the table cut short circuits cost control. You end up spending on elusive ideas where even a penny should not have been spent
d. A lot of startups can be initialled with one person-one room mode, and over time they can build going profitabilities eliminating the need of external investors. Entrepreneurs without VCs support don't even get that kind of start.
e. Equity is very costly..Giving it early would mean underselling yourself.
f. When business models are unsettled, they need fast changes and tweaks..More heads would mean this process would slow down.

In short, VCs go away

Labels: , ,

Monday, June 13, 2011

Twitter: More Powerful than thought earlier

So you thought that Twitter was just speaking out in short. Think again,

1. Search for a term like "PV Cells" You get the best content and links on Photovoltaics. Better than any google search you can do on the same subject

2. Twitter breaks news earlier than anyone. Look out for trending keywords, and @BreakingNews

3. Twitter offers the realtime commentary from places where cameras can't reach. Look at Headley trial details from @ColinFreeze

4. Twitter gives you maximum breadth on any topic you select. Search PNS Mehran, and you will find views you will never find at any one place.

More later :)

Labels:

Back on Posting

After a break, I am back.