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Showing posts from December, 2010

"Actually, do more professional degrees and certificates imply best talent" Any inputs ?

The above question was posted on one of the forums I am member of, by a recruitment consultant and below what you see is my reply to that question...
"This is the problem with this country. The fate of persons like me (I am also a forced Engineer) get decided on the "Suhaag Raat" of the parents itself. Ladka hua to "Engineer", Ladki hui to "Doctor".   Thats why lakhs of people work like slaves for Infosys, TCS, Wipro, Cognizant, Persistent and numerous others and dont even dare to try or Start on their own.  This social concept that professional degrees are the only way of sure-shot way to a good life, is producing only slaves.  We do not encourage people to follow their path, experiment, endeavor, try and fail.  Oh, did I mention "Fail".  In India You cant even dream of failing because society will finish and murder you the same moment. And since "Failing"is such a morbid word in this society, people want their wards to gather professi…

I could be the biggest fool to trust my instincts...

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Last a week or so has been a bit tumultuous, and all because of one decision that I had to make...

In the early days of  your company, almost every day you are  faced with some very difficult choices, its not that you do not have to make tough decisions in normal life, but guess uncertainties are less in later cases...

Recently,I went to pitch my company to a venture fund . Due to certain recent happenings (which included one of the somewhat similar offering company being sold for a huge huge sum) they sensed that if I could curtail down the business plan and focus on a niche domain (which I had extensive experience), they felt my chances of success are better.

What I felt then was that if I toed their line, I might even get funded by them...I could sense it really close...

Pretty exciting times, the very thought of getting funded at the first pitch of your life was amazing.At that point their sort of faith in me was a big high and I must confess that I was on that high for more than …

Are You A Pirate?- Michael Arrington

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I read blog posts by Don Dodge and Glenn Kelman today about people jumping from Google to Facebook and it got me thinking about entrepreneurs.
Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
We make risk/reward decisions every day, all day. Do I go skiing, and enjoy the rush of flying downhill even though there’s a small chance I’ll blow out a knee? Should I go to college or just get a job and start earning money now? Should I eat the high fiber and generally healthy thing on the menu, or go for the cheeseburger? Should I hit the restroom before the movie starts? Etc.
Every time we do something, or don’t do something, there’s a risk/reward algorithm being calculated in our brain.
Entrepreneurs, though, are all screwed up. They don’t need to be rewarded for risk, because they actually get utility out of risk itself. In ot…

Lucky 165 University Avenue,Palo Alto- From the Milo Blog

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There’s something about the early days of a start-up that is truly magical. As the first ideas move from the dry erase board to a computer screen, the small office culture becomes awash with excitement. There is an overwhelming feeling that you are working on something bigger than yourselves, something that could one day become a household name, change the world for the better, and immortalize your names as the team who made it happen. The first building in which a company chooses to house itself  becomes solidified in the founders’ minds as the place where it all began, the walls between which their dreams became reality. In the world of technology, there is no better office in which to incubate a start-up than 165 University Avenue in Palo Alto, California
165 University Avenue is an office with a history, as the one-time home of several of the most successful Internet start-ups to date. Chalk it up to the clean air, friendly people, or sunny location, but there is something about th…