This is an interesting news for all and a very encouraging news for start-up owners and prospective start-up owners esp. in India
From
http://www.siliconvalley.com/mld/siliconvalley/16161310.htm
India 2.0: The new garage culture
MUMBAI, India – The founders of newly launched Kreeda Entertainment come from New York City, Belgium and Bangalore.
Their headquarters in India? A garage.
The start-up culture is indeed coming to this South Asian country.
“We were concerned about bringing the venture capitalists here,” admitted co-founder Quentin Staes-Polet standing outside the cramped and damp office of his online game company with a staff of 15.
Actually, the VCs who were invited by the founders to possibly fund their company felt right at home in the dilapidated structure: “ `Ah, this is what it’s supposed to be like,’ ” Staes-Polet recalled.
The rest story is here
http://www.siliconvalley.com/mld/siliconvalley/16161310.htm
- Indian Entrepreneur Mindset - June 19, 2011
- Presentation on Innovation Engineering at SlideShare - April 4, 2011
- Entrepreneurs and VCs can use Innovation Engineering - February 5, 2011
this is all very well…please show me the garage stage consumer internet deals? Probably only Guruji…
…with the kind of opportunity out there, seed deals need to happen wih less caution and more speed.