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…
New advertising firm offshores creative work to India
After IT, BPO, equity research and of course, editorial services, now it is the turn of advertising work to go offshore from the US to India. Bannerjee Partners has launched…