Attracting talent is enormously important. I saw some earlier threads on this so I thought I would share how we are trying to do this at Eko. We created a pool of stock that advisory board members and early employees can invest in. This stock is issued at approximately 3X the founders round. The 3X […]
Review of Payment Systems by RBI
Reserve Bank of India has published Annual Review (FY 2007) of Payment and Settlement Systems. It’s encouraging to read that RBI is taking some concrete steps to increase the penetration of electronic payments. I specially found Chapter 2 and 4 of this report interesting. Some interesting observations: Electronic Bill Payment ( for utilities ) has […]
The Art of Learning
Not very much off-topic for entrepreneurship blog but just wanted to throw some light on work of – “Con Kolivas“.He should be well known for guys following Linux development, for others …. This guy is a doctor in Australia with no professional training in computers, still he got interested in Linux Kernel. I used to […]
Bangalore in AFM
I was in Bangalore on wednesday for BangaloreIT.in event, and it took 4 hours to go and come back due to traffic and demonstrations. At the evening, it took more than an hour and a half in the security queue at the airport! See pictures below. It is amazing how the city has continuously failed […]
Cisco’s I-Prize For Innovators, Technologists and Entrepreneurs
Just in case some of you missed out on this. Yesterday Cisco’s Wim Elfrink announced the launch of the I-Prize contest, where you can collaborate with anyone in the world, build a virtual team and pitch your idea to Cisco. The winning team will then get an opportunity to work with Cisco and get a […]
IT Magazine – Innovation in Startups
I wrote an article for IT Magazine outlining specific areas of innovation that we are seeing in startups on a systemic basis, and what seems to be most important aspects. Please find it here. Broadly, we see less of “invention” but more need to make incremental innovations on execution. The key areas for such innovation […]