Dot Edu ventures parts ways with Naval Ravikant
As pointed out in a New York Times article linked here last week, three of the five founders of e-commerce firm Epinions – including Naval Ravikant and Ramanathan Guha –…
Difference between a founder and a CEO
Michael Simmons quoting a speech by Paul Orfalea, founder and chairman Emeritus of Kinkos: He made a great distinction between people managing their career (CEO) and managing their business (Owner).…
“Lemons ripen early, pearls take longer”
From Fred Wilson’s blog post: The bad deals reveal themselves to you early and you have to deal with the fact you made a bad investment and figure out how…
Foreign Investment caps in other sectors
The Hindu also provided a roundup of the current status of foreign investment caps in other sectors: Civil Aviation: for airlines, the current foreign direct investment (FDI) cap is 49…
Foreign investment limit in telecom services hiked
From The Hindu: The Union Cabinet on Wednesday approved the long-deliberated proposal to hike the ceiling of composite foreign direct investment (FDI) in the telecom sector to 74 per cent…
More “Ram Shriramayanam”
This time courtersy Business 2.0: Google’s outsize success fixed a giant halo above Shriram’s 48-year-old head. And it helped gain him entrée into two of the most-hyped startups of the…
“China will take several years to catch up with India in IT Services”
From McKinsey Quarterly: A recent McKinsey study of China’s software sector, however, shows that it will be many years before the country poses a threat to its continental rival in…
Why retail is hot
From a Reuters report: Private-equity firm GW Capital financed a Rs 45 crore deal last month to merge two south Indian department store chains, Trinethra and Fabmall, aiming to grow…
3 Epinions founders sue VCs, co-founder Nirav Tolia
From New York Times : Partners at two prominent Silicon Valley venture capital firms deceived four of the five founders of a start-up company, withholding critical information and thereby cheating…
Enterprise software maker Ramco Systems’ new bet
One of the first software products company in India, Ramco Systems, has been struggling to make a mark. While the company’s ambitious ERP software Marshall failed, Ramco’s VirtualWorks, a platform…