Comments on: Startups Are Way too Risky, Aren’t They?

By: saurabh

saurabh — Tue, 22 Jan 2008 14:22:34 +0000

@Gaurav – You are right in a sense that there is a home to rely on but the problem is that we normally are under family pressures and thats because of the closely knit society.

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Fri, 11 Jan 2008 13:38:45 +0000

[...] Entrepreneurship anybody? – 11-01-2008, 07:08 PM Just had to post this link here – Startups Are Way too Risky, Aren’t They? Amar Goel It’s about the attitude of Indians towards startup jobs A Visual Guide to navigating [...]

By: Gaurav

Gaurav — Mon, 07 Jan 2008 00:50:38 +0000

“Its not the same in US as children live on their own once they are adults”

@saurabh – I think this makes it even easier for Indian youth to go out and take some risk. College graduates have a home to live and parents to feed them. They can try to bootstrap companies with minimal seed capital or can join startups to gain hands on experience.

IMO, Indian youth needs to dream, dream big and try to achieve it. It is very difficult to build a multi million dollar company, when ultimate aim is to make a one crore company.

By: Amar Goel on Why it Makes Sense to Join Start-Ups : Alootechie

Amar Goel on Why it Makes Sense to Join Start-Ups : Alootechie — Sun, 30 Dec 2007 06:59:16 +0000

[...] Read the full article here [...]

By: To startup in India. « Abhishaken

To startup in India. « Abhishaken — Wed, 19 Sep 2007 19:52:40 +0000

[...] chap explains the mathematics of it well. I’ll reproduce it [...]

By: amisare

amisare — Fri, 27 Jul 2007 12:45:54 +0000

The greatest impediment for a startup is fear—- the fear of the unknown and the fear of failure.

Jeremy Liew of Lightspeed Venture Partners http://lsvp.wordpress.com/ has a great post on “Failure IS an option” at http://lsvp.wordpress.com/2007/01/24/failure-is-an-option/

By: amisare

amisare — Fri, 27 Jul 2007 12:29:27 +0000

Marc Andreessen co-founder of Netscape(sold to AOL), chair of Opsware (recently sold to HP at US$1.6B) and a cofounder of Ning has many interesting blogs for startups at http://pmarca.typepad.com/ including
“The truth about venture capitalists, Part 1-“ See also Parts 2-3
http://blog.pmarca.com/2007/06/the_truth_about.html ,
” The Pmarca Guide to Startups, part 1: Why not to do a startup” at http://blog.pmarca.com/2007/06/the_pmarca_guid_1.html see also Parts 2-6
and many others useful info for startups from a successful entrepreneur’s point of view.

By: Anand

Anand — Wed, 18 Jul 2007 20:32:57 +0000

Great post..While I agree that this is indeed one of the best times to start up your own business, I just feel that you have given too rosy a picture of startups..

Out of tens of thousands only one or two make a Narayanamurty, a few hundred end up with a nice and established company and thosands others fail..I would also like to see you talk on what recourses such people from failed startups take..Are the other companies willing to take in people who have not had ‘relevant experience’ (and also got the possibility to move away again on another startup) to their organization, etc..

Regards

By: Saurabh

Saurabh — Wed, 18 Jul 2007 20:02:35 +0000

I agree with you Kaushik. I think currently passion is all that people talk about when they discuss Start ups. It needs to be an informed decision then just Passion.
Rules of the game are still the same, its just that knowing the rules is the key.

By: Nari Kannan

Nari Kannan — Wed, 18 Jul 2007 17:58:17 +0000

It’s easy to talk about how people who don’t take risks like your fathers are stupid and the current young ones are smart. Till about 10 years ago finding a job in India was such a rat race and 20 years before that when your father was looking for a job, it was either sumb Public sector companies or become a babu in a government organization. Unemployment levels were so high compared to now for educated people that you didn’t take risks.

So before we get carried away with dotcom like thinking, let’s think about the contexts. If the current economic growth fizzles out for some reason, guess what, the same young people would be looking for less risky jobs!