Discover and read the best of Twitter Threads about #desi

Most recents (6)

1/ Valuation venture investing myths #urban #legends a #thread for #desi #founders

If you are a #founder or #startup trying to raise a round, here are a few things you should know before you start.

I wish someone had sat me down and had this chat with me when I started.
2/ No one owes you a round.

First things first. I know we want to change the world, we are innovative, we are working on the bleeding edge, but...

No one owe us a round

An investment is a commercial transaction. It needs to make business sense. Without that, there is no deal
3/ Venture funding is not for everyone.

Fund managers need exits and liquidity events.

Investors need downside protection.

The right deals are bets on growth, scale, markets, risk, timing, teams. Often before everyone gets what is on offer. Getting the combo right is difficult
Read 13 tweets
Here is a brief parable of a Hindu Temple in England.
A parable of how lawyers and accountants benefited from the infighting of #desi trustees and NRI businessmen out for influence and power, driven by #ego and disregard for #dharma. It's enough to turn you #atheist. Read on...
I'll start near the end; Here is the penultimate chapter in this sorry saga of greed, ego, arrogance and hubris of men (yes they're all men). This notice appeared in the Public Gazette.
Yes you read it right. This company (#TTBT) could not pay its own lawyers and so ended up here
But it started with noble intentions, hard work, dedication and sacrifice by public spirited men (yes men can be public spirited too). In the early 1990s a group of men - mainly doctors set up a charity called SVBT (Sri Venkateswara Balaji Temple) and raised money.
Read 18 tweets
1/ The path to a million dollars in revenues for #desi #founders and #startups - a promised over due thread

2/ For most founders the journey takes 3 to 6 years.

The actual path varies but generally includes three key transit point before you hit the golden milestone.

Less $250k, Less than $500k, Less than $800k, 1M+
3/ I have yet to meet a team that did the $10k to $1M+ leap in less than 18 months in the real world.

I meet one that is planning to do it on paper or Excel in less than a year, once every month.
Read 10 tweets
0/ Estimating market sizes.

A thread for #desi #founders and #startups

How do you estimate #marketsize for your products and services? A list of things to do and ...
1/ Numbers maketh the man

Please don’t quote numbers you don’t own, haven’t derived or understand for your market size.

You are the founder, do the math yourself. Make sure they validate

With apologies to #Kingsmen + @colinfirth_kr numbers, not manners, maketh the man.
2/ Avoid lazy thinking.

It is a bad idea to quote a multi-lateral agency report for Asia for a problem that you are solving.

Don’t tell me that according to World Bank, IMF, IFC or ADB, the FinTech market in Asia will be worth 4 trillion USD in 2030.

Why you ask?
Read 17 tweets
Live tweeting re-watch of #MainPremKiDiwaniHoon henceforth to be referred to as #MPKDH

First 5 minutes, and this college clearly never had a #POSH training because a student has plopped into a professor's lap and the professor is telling the girls they'll clear the exams
And of course the #electricguitar is connected to

When I see a puppy
Read 118 tweets
In another thread, @Asians4Pete asked how we first encountered @PeteButtigieg. My story is kinda long (or maybe I'm just long-winded), so I'm starting a different thread. The operative word is "long" 😬. 1/31

I moved to the US to attend Notre Dame. One of the first people I met was the chair of the English department there. So basically, unlike most of my fellow Americans, for as long as I've lived in this country, I've known how to pronounce Buttigieg. 2/31
(Aside to @Chas10Buttigieg: Buddha-judge is not how you pronounce Buttigieg. As any #desi will tell you, that's not even how you pronounce Buddha.) 3/31

Read 31 tweets

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