[deepu]

Originally Posted by fire_kris

Guys, dont mind just breaking away from the topic, but i really get tired of hearing the term VC... Can you tell me how many projects in India are currently financed by them. I dont think more than .1%... I still think the best way to start a project ( and the way it happens in the indian market is ):

• Shell from your own pocket
• Ask from local money lender ( might have to give a security )
• Get it from the bank ( jugaad baazi might be required, but nowadays even barclays and deutsche our given loans without security, but u need to show a nice ITR return, so that ruins it for an entrepreneurs )

For entrepreneurs trying to find money, there is a good concept run by several banks like barclays, deutsche, ICICI, etc. they can check that out.

I dont know but VC might be a cliche term but it is highly improbable.

well it all depends on the industry you are in. If it is a technology start-up better way is to build a prototype get angel funding first.. launch the product.. if you succeed and see more potential go for venture capital to scale up the venture.. and then finally exit thru an IPO or a buyout...

If it is a .com start-up skip the angel step(as it is not capital intensive) and luanch.. if you smell success go for VC..

My opinion is the momentum to launch tech and .coms in india picked up quiet recently. so you will see more and more VC funding in coming years..

from the last 1-2 yrs VCs firms all around the world started pouring hundreds of millions of dollars into india which right now are going mainly into Private equity but in future may cater to seed funding..

so we cannot compare our past with the present scenario w.r.t VC funding..

Originally Posted by fire_kris

Also figure this out:

Also I read somewhere that Citibank lost billion of dollars in the last quater. I think this stockmarket crash of above 2000 points on 22nd Jan provides good oppurtunity to bigwigs to cash in as some of the share prices are rock bottom.

e.g. DLF 1340 comes down to 700
Deccan or SpiceJet ( dont remember ) comes down from 95 to 46.

and they pepped up after FM statement. I dont know but I smell fishy the way our volatile Indian stock market behaves.... People might have earned double the money if they would have bought the shares when the stock market crashed ( although they are not available easily, but to bigwigs there are )...

Looking forward to your comments...

Ciao...
Kris

I think this is not the appropriate thread for discussing this.. i remember there is a stock market thread..


Cheers,
Deepu.

[Neo2000]

Anybody interested in web-development? I've got a (hopefully) decent project for the really serious people. No money atleast not yet. Obviously i'll pay for the hosting and all that.

Lemme know

[prez_bbe]

Originally Posted by Neo2000

Anybody interested in web-development? I've got a (hopefully) decent project for the really serious people. No money atleast not yet. Obviously i'll pay for the hosting and all that.

Lemme know

Hi. I am the founder member of a company called marketellect Informatics and consulting. We are constantly exploring different workable opportunities. Do get back to us if interested at The Opinion

[xcoolaryan]

Originally Posted by Neo2000

Anybody interested in web-development? I've got a (hopefully) decent project for the really serious people. No money atleast not yet. Obviously i'll pay for the hosting and all that.

Lemme know

I am a web admin and founder of a website development studio Blue Orchid

Let me know what you got ... I can surely help

[philosophize]

felling happy and joy's,now my search ends at this thread.....

i am longing for entrepreneurship in logistics and have deep desire for productions......
transportation being my family business,i am provided with the instinct of a logistician......
and productions being my sigh.

Entrepreneurship is not everyones cup of tea,it needs ..great desire(burning),instinct,vision(matters a lot),innovations,insanity for work,patience.........more.......more .......more........

its only INSTINCT whic makes a entrepreneur MOVE.......

[xcoolaryan]

Some website for Entrepreneurs from Govt of India -

Indian Institute of Entrepreneurship (IIE)

TIME IS

Few more links -

Tips to become a successful entrepreneur - Ranjit Shastri, Member, Indian Angel Network

OpenCoffee Club - International

OpenCoffee Club - India News

OpenCoffee Club - Chennai

India’s leading venture capital and startup blog - This one is good

Indian Angel Network

Proto.in is about giving entrepreneurs a platform - missed it

Make millions, be a Net entrepreneur

Sukip Blog - quite interesting


25 best web2.0 applications for entrepreneurs

[deepu]

guess we need our own PG-entrepreneurship meet
Awesome links aryan..

Cheers,
Deepu

[xcoolaryan]

Originally Posted by deepu

guess we need our own PG-entrepreneurship meet
Awesome links aryan..

Cheers,
Deepu

That will be quite interesting ... I am always ready :-)

[Neo2000]

Originally Posted by deepu

guess we need our own PG-entrepreneurship meet

Cheers,
Deepu

I'm in too

[xcoolaryan]

let's see who else might be interested --

Nihit, a$$-wise, the_phenomenon, paraschopra, gabriel666, prez_bbe

I see these name regularly on this thread ... so guys if we are serious we can ask these guys too...

gabriel666 & a$$-wise ... i know them personally ... so i can contact them ... what about the rest