A “Private Investment for Royalties from a Public Enterprise’s Future Revenues” deal
While it has moved away (like most other VCs in India) from investing in early-stage companies, ICICI Venture Funds continues to innovate when it comes to creating novel deal structures…
“Patient investors can win big in India”
“India is an acquired taste. India is about long-term perspectives. India is about patience. But India is a place where you can make a lot of money”. So says Rajiv…
Nirma Labs: An incubator that advertises and charges fees
While the incubation programs at several of the country’s business schools are figuring out their model, NirmaLabs, located in the Ahmedabad, Gujarat based Nirma University campus, has come up with…
How VCs should say “No”, and how entrepreneurs should take them
Bill Burnham,Managing Director at Celsius Capital, has a nice 3-part blog post on the choices and dangers VCs face while saying “No” to funding pitches from entreprenreurs. “Saying “no” to…
Why VCs are jerks, according to Paul Graham
Paul Graham, co-founder of ViaWeb (acquired by Yahoo for $50 million), has figured out why (most) VCs are jerks. The problem with VC funds is that they’re funds. Like the…
John Doerr’s presentation at Stanford University
A must see presentation from the famous KPCB partner behind Amazon.com and Google. Just one extract: Entrepreneurs do more than anyone thought possible with less than anyone thought possible UPDATE:…
McKinsey’s mantra for MNCs in India
McKinsey Quarterly has article on how multinational companies entering India should avoid replicating products and processes that have worked in other markets. “Clearly, any entry into a new market requires…
Business school incubators change tack
Business Today has an article on incubation programs at various business schools in India. I found the changing face of incubator programs like IIM-B’s NSRCEL (sponsored by Infosys co-founder Nadathur…
Raise Private Equity, boost valuation, go IPO
Economic Times points out how companies are finding it attractive from a valuation perspective to raise money from private equity funds just before going in for an IPO. Suzlon Energy’s…
Bill Gurley (finally) launches a blog
In my opinion, Bill Gurley, a partner at Benchmark Capital and one of the best known VC columnists (in Fortune and News.com), was a “blogger” even before blogging was invented.…