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STARTUP DIGEST-Dec 28, 2012
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STARTUP DIGEST
Weekly Newsletter for Entrepreneurs, Venture Capitalists and To-Be Entrepreneurs
Dec 28, 2012
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FUNDING NEWS
The new funds will be used for scaling presence across newer geographies, hiring talent and increasing the company's brand visibility.
It will use the funding from 500startups to expand its operations internationally and the investment by Times Internet is a pure cash deal for equity.
This startup plans to utilize the funding to strengthen its team, build a mobile website and also to build a location based app in the next few months.
LATEST NEWS
Each investor would have a different perspective on entrepreneurship, startup, culture and also investing but the ultimate motive is funding.
These days a number of successful entrepreneurship can be seen coming from the young and ill-experienced 20-somethings.
As a parent, you inspire these qualities by nurturing their emotional skills, such as comfort with risk, effective problem solving, and a positive attitude.
Some of these really have the potential to change your life. They aim to make life better for people every day.
An entrepreneur cannot be complete without mentors; in fact mentors mold and develop entrepreneurs and help them face risk confidently.
INVESTMENT BANKER'S INSIGHT
CEO, Spark Capital Advisors
Think twice before sacrificing profitability for growth particularly medium-term profitability.
READ MY STORY
Founder: Prime Softech Solutions
Most important thing is to believe in yourself and your ideas and dedicated efforts to get these ideas working.
STARTUP PROFILE
Founder: Siddharth Nambiar
It has a catalogue of around 3000 products, spread across three main categories include office furniture, stationary and customized gifting products.
Founder: Ritesh Arora
Started in January 2011, LetsShop.in is 100% dedicated towards customer happiness and has 5 major categories in the list.
ANGEL INVESTOR SPEAKS
CEO, People Group
I look for disruptive ideas from entrepreneurs who don't take 'NO' for an answer and I tend to do well.
VC TALK
By Ajit Nazare, Partner, Kleiner Perkins Caufield & Byers
My advice to entrepreneurs would be to find a big technical problem that serves a large market.