‘It takes 30 years of hard work to be an overnight success’ - Raman Roy - Founding Member - Indian Angel Network
We did a WATShow to Raman Roy the founding member of Indian Angel Network (previously band of angels) at the recently concluded Nasscom summit and questioned him about angel funding, business plans, what’s critical for a startup and so on.
Check out the WATShow below.
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are they doing any funding now? In this economy? Havent heard anything recently from them..
I am 3 years in hopefully will be able to make it within 5 rather than 30. But anyway its the work that we put in and do not get paid for that is what will pay us in the future. Nice post thanks for reinforcing my actions.
best of the startups would come in recessionary conditions…though our gdp is still growing……..the reason is simple a company working in these conditions factor in all the negativity and are more adamant about revenue generation from business………………..the internet boom in india is not over cos the boom and bust indications are taken from capital markets……..in our market there are hardly few companies from web space they are:-
infoedge(naukri)
geodesic(mundu)
northgate(bharatstudent)
logix micro(car site)
when this list grows to 30+ get the indications that they have loosed the charm to make investment in them……..hope angels understand this and pums more sum into web space….