This seems to be a message coming from someone who has seen it all. Not once but time and again. What entrepreneurs want and VCs want is the same - Successful business. VCs have to put a lot of risk on their money and hence they need a solid proof.
The amusing thing about VCs is that they don't look at you when you need them. And when they do look at you, you wouldn't need them. Finally, when they deal with you, they try to make you an employee in your own company....and they have the cheek to tell, you should not be greedy....
Apart from this what one needs from an entrepreneur is the instinct to judge the market prospects.What is required is a presence of mind and a big heart.You may not get capital in the beginning but your 'stickability' would finally decide your fortune.Get as many knowledge as possible......Anyways the article was very good.
This is a most welcome feature to share experience from West. India needs to go a long way. Technology Exchange helps all Enginnering students for orientation to face new challenges.Venture inance institutions can jointly work with a purpose. Technology Management as guding Instituions are missing: Beyond IITs or CSIR labs. The spirit of Excellence and leadership must be nurtured beyond PhD levels. Any one can contact me for Further information DR Vidyardhi Nanduri
