Archive for January, 2007

Almost Alwayson!

Alwayson annual show is on in NY. The opening session was all about user generated content, blogging etc. And they had screens that were showing real time comments from users over the internet — well, the session itself outlined challenges of handling this medium.

Bill Cleary of CKS went around SFO interviewing people, and in the process landed up making fun of an old chinese gentleman, referring to the railroad work he might have done. Immediately, the screens started buzzing with racialism — I could see Bill watching the screens and still managing to keep composure. Next on was Peter Hershberg, Chairman of Technorati — he started well, but ultimately the talk started dragging and the audience was up again — and both times around, the organisers had to shut the user comments off! If the very conference that is evangelizing UGC has challenges handling it, one can only imagine how the larger media and advertising fraternity feels challenged by it.

Anyway, the Alwayson top 100 companies are here – check them out!

400 crore exits

As I look for seed investment opportunities I have narrowed my focus to critical mass plays ( Rs 500 per year from a million user type plays) that could potentially provide 400 crore exits in 4-7 years.

As the Indian economy expands some wealth creation has to come from companies that are just starting and my guess is that there will be atleast a hundred such 400 crore + companies in the next 7 years.

One of the key things I look for in entrepreneurs is the ability to accept “delayed gratification” and the ability to deploy capital efficiently. In an Indian context “delayed gratification” could mean taking a CTC of Rs 20000 a month while your peers get say Rs80000 per month. Sometimes the delayed gratification can take very long and it may never happen.

Like someone said you cannot have a baby in one month by getting nine women pregnant.

Warren Buffet Essays

A friend gave me a copy of Lawrence Cunnigham’s book on “The Essays of Warren Buffet – Lessons for Corporate America” I found a short quiz in that interesting.

Begin Quote

If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for higher or lower prices for beef. Likewise,if you are going to buy a car from time to time but are not a car manufacturer, should you prefer higher or lower car prices ? These questions, of course, answer themselves.

But now for the final exam: If you expect to be a net saver during the next five years,should you hope for a higher or lower stock market during that period ? Many investors get this one wrong. Even though they are going to be net buyers of stocks for years to come they get elated when stock prices rise and depressed when they fall.

End Quote

I feel quite good with the rapid rise of the stock market in India but the comment above has made me think that it will be quite okay even if the market has a steep correction. Ideas that will shape the Startup ecosystem

I attended at Chennai.
Here is my pick of Startups to watch in terms of their ‘Inspiration Value’: Their evolution and success will shape up the startup culture( in my opinion, of course!)

DesiCrew( Taking technology mediated work to rural areas )

Spinaxys( Mpathy: User profiling based ‘Relevant’ SMS ads; Quickly build the user base, please; Only way to survive)
Novatium( Home computing delivered through TV/Cable. This as a software platform will be amazing:A Wintel like market domination is possible!)
Sloka( Low power, small form factor WiMax devices; Hmmm… Hardware innovation in India?…)
Taazza ( Shifting the focus from Content to Context automagically(algo based ); Money making is equally fun: focus on it! )

All these startups are stacked up against heavy odds. Way they evolve, way they succeed, and way they ensure the longivity of their name is worth watching, learning and be inspired.

Bonus Links:
Proto coverage at Webyantra.
Insightful comment by Jothirmayee
Constructive criticism on proto organization etc.

stop worrying about technology

ITU Digital Life report

Some of you may have seen this already — ITU has released its report “Digital Life” and its an excellent reckoner — provides a high level view on almost everything to do with the internet and telecom world, with references into more detailed work.

IdeaCamp update

Last Friday, we had a good gathering at IDEACAMP of Investors, Entrepreneurs and Students considering Entrepreneurship. The event was anchored by Alok Mittal and Sanjay Bhargava, both of them were very generous with their sharing of experience and wisdom with the entrepreneurs.

Sunder has an article which was published on Rediff about the event, and the same can also be read on

Ajay Sanghani
Gain and Share IT Knowledge with
2835+ members at

Event Announcement: HBS India Conference

Date: Friday January 26, 2007 3pm – 8pm

Location: Harvard Business School, Soldiers Field, Boston, MA 02163 USA

For more info visit:

Panel Info:

SaaS opportunities

Here are some thoughts on the subject to spark off discussion:

The SaaS (Software as a Service) model is an interesting development in the enterprise software segment. My predictions are that:

We could see investment in SaaS companies in the India-US corridor with a lot of development and support located out of India.

I also think the SaaS model offers an opportunity for Indian IT companies to enter the software product space. Indian IT companies have hitherto acquired niche consultimg companies. They may acquire enterprise software product compoanies and morph them to a more managed services organizations.

Some more detailed thoughts are here

I would love to connect with folks who are thinking of these opportunities.

Event Notification : Mobile Monday Delhi

A very Happy New Year to the readers of VentureWoods .I am very excited to inform you that.After a long wait we are going to have next meeting of Mobile Monday Delhi Chapter. Everyone who is interested in Mobile Technologies can participate in it . We encourage you to be a part of this Event and share your thoughts with fellow mobile geeks & Industry veterans .

Details of Event are


20 Jan 2007 ( Mark your calender ,it’s on weekend)


Impetus Infotech Pvt Ltd,
D-27, Sector-59, Noida.
Phone: +91-120-4363300

    Want to participate ?? Register yourself at our wiki !!

To keep you updated on latest developments Pre and Post event Please join our mailing list .

Don’t miss it !! Its going to be a day of Great fun and learning .there is no fees for participation .

Help us to spread the word .Forward this information to everybody who you think might be interested in attending.

In case you face any difficulty in registration please feel free to ping me at pacificleo-at-gmail-dot-com

looking forward to see you guys there

IdeaCamp in Gurgaon with Alok Mittal

Venture community here are welcome to come and meet Alok Mittal at the Idea Camp in Gurgaon on 12th January from 2 pm to 4 pm.

Idea camp is organized with a intention to have a intense gathering of a small group of entrepreneurs and professionals to foster accelerated learning and networking on a common theme. The central theme we are
having for this event is on 1 million * $100 p.a. plans, which was actively discussed here on Venturewoods.

To register, visit

If you are unable to attend, you may still register to get the updates of the event and join the group for a ongoing exchange of ideas.

Ajay Sanghani
Cell : 0091-98200 20753