Startup Lunch Delhi 2: How was the experience?

I attended Startup Lunch Delhi 2 today as a candidate, not as a startup. The event is mainly about connecting startups and people who want to work for startups.

In a word, the experience there was simply wow. I met numerous startups and their founders who shared information about what their company is really about and what kind of candidates they were looking for. Following are some of the points I noted:

  • 95% if the startups were technology startups, with exceptions being Zice and iDiscovery. Is it because of a bias that only technology companies are aware of this event or is it because there aren’t really many non-tech startups in the first place?
  • More than 5 startups talked about changing the world, which of course is good.
  • Interacting with so many startups, a candidate can really get spoilt for choice. Any thumb rule on what to do when one gets so many options to choose from?
  • One more thing I noticed is that interacting with startups increases the fire in your belly. I really began to think: if they can, why can’t I. Next time, I promise that I will be there as a startup, not as a candidate.
  • There is such a thing as free lunch after all!

An idea of an event struck me there. If startups can meet potential candidates in an event, why can’t people find co-founders for their startups in a similar event. In this event, people would exhibit their ideas and find the right people and mentors to kick-start their startup. Avinash expressed his concern that people might not be willing to reveal their ideas at the concept stage. But I think such an event would be a tremendous opportunity to get feedback, find co-founders, mentors and heck (who knows) even customers. How do you find the idea of this event? Any takers? ...  Read the entire post โ†’

30 by 30

Update: 23rd November 2014. Struck a few more items (Only 2.5 years remaining to complete the rest. So. much. pressure.)

Update: 6th November 2011. Yay, striking off a few items of the list

The aim of this post is to list 30 things which I would want to do before I turn 30 (I turned 21 yesterday). Got inspired by this and this. So, here goes my list (in no particular order):

Learn to play Electric Guitar and start my own Rock band Write a novel on my philosophy of life (Zen and the Art of Motorcycle Maintenance style) (Wrote a 100+ page book on ramblings on Philosophy, titled ‘Mind, will you shut the fuck up?’) Start a startup incubator (Ycombinator style) Start my own (successful) startup (see Wingify) Go to the moon (I know it sounds crazy!) Earn Rs 100 crore (I know this sounds naive!) Read thoroughly The Road to Reality Publish a paper in Science or Nature Reduce India’s poverty by at least 10% Produce something creatively viral (I guess some posts that I wrote will qualify for that?) Travel backpacking across Western Europe (Partially done. Did a road trip in Montenegro in Oct 2011; Netherlands, France, Switzerland, Italy in 2012) Make a truly creative Artificial Intelligence program that can learn and perhaps pass the Turing Test Make a short-and-slick movie that earns more than what it takes to produce it Sponsor my parents’ world trip (I really really would want to do this) (yay! they’ve been to many, many places now) Learn a foreign language (preferably Spanish) Live for a year or so in Silicon Valley (doing an MBA/MS at Stanford perhaps?) (was there for a couple of months; realized the oppurtunity is here back in India) Read entire Calvin and Hobbess collection (Bought the collection and started reading it) Do Skydiving and Bungee Jumping Spend a year or so at MIT AI Lab Buy a (small) country (it is not impossible) Read all the popular books on Philosophy, Psychology, AI, Sociology, and Cosmology (Ongoing effort…) (My secret wish) Spend sometime somewhere without spending a penny from my own pocket Produce a truly breath taking theory (in the leagues of Theory of Evolution, Relativity and Gravity Travel to at least 30 different countries Being featured in a good business magazine (Featured in a few already) Being admired by businessmen, scientists and students (

cough ...  Read the entire post โ†’

For Startups: How to Find Problems to Solve?

For a startup, the most important thing is to find a pain-point. This pain-point refers to the real problems which people encounter in their daily life. Many a times, entrepreneurs mistake cool product or service for a serious startup. A startup can only be serious and successful when it solves a real problem.

But, isn’t finding a problem hard? The answer is no. I have compiled a list of resources and tips below to help you find real problems:

  • Real-time Conversations.
    • Twistori: A twitter mashup which shows in real-time what people hate, wish and love. This can be an interesting way to listen to people and get ideas about their pains.
    • Summize: It lets you search twitter conversations in real-time and within a geographically defined area.
    Surveys.
    • Google Alerts: Setup an alert for the term ‘survey’ or its variations. You may also want to setup alerts for combinations such as ‘india survey’, ‘hr survey’, etc. Surveys usually reveal people’s pains. So, make sure you get updated about them.
    • Search Google for terms such as ‘survey results‘ or variations of it.
    Reports. Questions and Answers.
    • Yahoo Answers: If properly used, it can reveal a lot of problems people are facing. What more, looking at people’s answers, you can mostly

    Any more ideas on how to find problems which startups could solve? How do you do your research on this topic? ...  Read the entire post โ†’

10 Blogs Indian Entrepreneurs Must Regularly Visit

In this post I give pointers to 10 (now 13) blogs which an Indian entrepreneur or anyone interested in setting up a startup in India must visit:

  • Pluggd.in: Among other content, this blog has comprehensive posts on how to setup a business in India, legal issues surrounding this process and other considerations.
  • VentureWoods: A community blog by the best of the best in Indian startup and venture capital circle.
  • DesiStartups.in: A blog by my friend Prabhu.
  • Startups.in: A (relatively) old and big blog.
  • StartupDunia: Another good blog focusing on featuring Indian startups and startup related news
  • IndianWeb2: As its name says, a blog on Indian Web2.0 startups.
  • Proto.in Blog: The official blog of Proto.in.
  • AlooTechie: Everything about technology and startups.
  • WatBlog: This blog, written by my friend Rajiv, is mainly on news about startups and use of media by startups.
  • Trak.in: Tracks Indian business and startup scene.

Have I missed any blogs? Please let me know.

By the way, if you want to avoid the hassle of individually visiting all the above mentioned blogs, have a look at StartupLogic India. It aggregates posts from all these blogs plus startup jobs, events, news, etc.

Update:
1. Vijay pointed to WebYantra (so called TechCrunch of India), Rajesh Jain’s Emergic (not updated as often but is extremely insightful).
2. Mahesh pointed out Wireless India blog which is more about Indian startups than wireless technology. ...  Read the entire post โ†’

Quick Statistics On Indian Entrepreneurs and Indian Startups

Recently, a Business Today article featured India’s Hottest Startups. The article lists startups from many different industries, from organic food to technology. Below are the following points I observed/calculated from the article:

  • Average age of a founder is 37.
  • Standard deviation in the age of founders is 8.
  • Youngest entrepreneur is 26 and the oldest one is 58. Wow, what a difference!
  • Average amount of funding: Rs. 25 crore. (USD 6.25 million)
  • Range of funding: Rs 0 – Rs 72 crore. (USD 18 million)
  • Average amount of revenues: 25.2 crore (USD 6.25 million). Surprise! Notice how much the average funding and average revenues match.
  • Range of revenues: Rs 0 – Rs 110 crore. (USD 27.5 million)
  •  ...  Read the entire post โ†’

    Google Cannot Serve more than 1000 results

    Today, I was wondering why people don’t go beyond initial 2-3 pages of their search. Maybe, it is the interface of the search engines which promotes such behavior or maybe people really don’t care to go beyond initial pages.

    Whatever be the case. I decided to make a tool which will serve LAST page of Google’s search results. The idea was to grab the total number of search results from Google (for example, it is 91,300,000 for the term AJAX), divide the number by 10 and then modify the Google’s search URL accordingly (for example, for 2nd search page the URL is: http://www.google.com/search?q=ajax&start=10). So, my hypothesis was that the URL for last page for AJAX results would be http://www.google.com/search?q=ajax&start=9130000.

    Well, try going to that URL. You will be in for a surprise. Google, in small-greyish-dull-looking-font, says “Sorry, Google does not serve more than 1000 results for any query. (You asked for results starting from 9130000.)“.

    Did I commit a crime for asking results starting from 9130000? If Google claims to have found so many results, why doesn’t it shows so many results? What is the use of saying “Results 1 – 10 of about 91,300,000 for ajax. (0.10 seconds)” if I can’t go beyond 1000 results?

    Frustrating!

    Sneak Peek into DesiWiki

    DesiWikiDesiWiki aims to become a comprehensive source of information for Indian Startups. It is started and maintained by Desistartups. Although still in very early stages, it nevertheless contains amazing amount of information on all aspects of starting up a business in India.

    It hasn’t been officially launched yet. So, it is a sneak peek exclusively for this blog’s readers. Do check it out, and if possible, contribute to it as well.