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Category Archives: Start-Up, VC & Corporate Stuff
The 3 deadly weapons (in term sheets) that Kill Entrepreneurs..
Rodinhood’s comment was that if VC means Venture Capital, it should remain Venture Capital and not Vampire Capital. Hence, the fair multiple was 1x of the principal back and NOT 2x or 3x etc, etc, in favor of the VCs. 1x ensured return of Capital and nothing more if the Company was sold in extraneous circumstances. Continue reading
ALWAYS miss the Woods for the TREES..
The effort to be ‘special’ is a never-ending process. Big trees that stopped being special and tried to grow new avatars of themselves have suffered badly. Sony to me was the best ‘music machine maker’ out there – Music systems and Walkmans was Sony’s signature. Not any more. They got distracted making lots of other gadgetry and Apple’s iPod just lumber jacked them. Continue reading
Why don’t Companies pay their suppliers on time?
Can you postpone paying your telephone or electricity bills by a couple of months by sweet talking your Utility providers? Would you continue working for a company that paid your salaries after you had to wait outside the accountant’s office for hours? Would you ask your kids to tell their school that their fees will be paid by their parents ‘soon’ ?
If the above sound ridiculous, why is it that Companies routinely pay their suppliers late?
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Confessions of a Digital Entrepreneur…
I have many scars of entrepreneur wars that I wear on my back. My lessons learning to be really patient, taking money when its available and selling when the going is good – not just when the time is right! Continue reading
What’s in a name?
Spending time and money on the perfect ‘brand name’ creation is all bunk. Those who pretend that it matter are the false advertising types whose livelihood depends on making people spend money they don’t need to: Continue reading
Posted in Start-Up, VC & Corporate Stuff
Tagged Advertising, Base line, Brands, CCR, Dominos, Heinz, Hertz, Honda, Jet Airways, Lays, logo's, Samsung, Toyota
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Dear God, Do you understand your Mobile Bill?
Mobile companies cheat consumers by generating hard to understand bills. The consumer gets so befuddled and confused, that she typically just pays up. Continue reading