If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Phanindra Sama, otherwise known as Phani, is the co-founder and CEO of redBus. redBus is India’s largest bus ticketing company and a Forbes Top 5 Startup in 2010. Phani has a BE in electrical engineering from Birla Institute of Technology and Science. Prior to founding redBus,
By guest author Tony Scott Tony: In terms of the percentage of the business that you have right now, I assume that some is driven primarily by labor rate arbitrage. Obviously, labor rate arbitrage is a component of everything, but how much do you think of your business now is still more pure labor arbitrage
By guest authors Irina Patterson and Candice Arnold Irina: What are other important factors for you when you make your decision about any particular entrepreneur? Anu: One of the biggest factors is, Is this something you’ve done before? Are you someone who’s worked at Oracle and is now doing a database company? Do you know
By guest authors Irina Patterson and Candice Arnold Irina: What do you usually allocate for interns to do? Michael: It depends on the timing of the work. A lot of it is helping out with the screening of companies. Some of the stuff is helping with logistics at our meetings. Also, some of it is
All eyes will be on travel and retail as the holiday season, so important for both industries, begins this week. Deal Radar company ShopIgniter believes that the 2010 holiday season will be a watershed moment for social commerce, and players as diverse as Amazon, Apple, Intel, and Orbitz stand to gain greatly from the ever-tighter
By Sramana Mitra and guest author Shaloo Shalini SM: What about higher education–specific vendors? RS: I would put Apple in there. Apple would count as an education-specific vendor. SM: How so? Do they have specific offerings for higher education? RS: Every other year, Apple organizes a conference for CIOs in higher education. They have account
By guest author Tony Scott Naresh: So, once again, it’s giving people permission to say it’s okay to be different, and it really is because we believe that diversity of thought, diversity of mind is going to get us further in the end. I would say that it’s the idea of having permission to do
By guest authors Irina Patterson and Candice Arnold Irina: Can you tell us a little more about your VentureLab? Michael: That’s a separate organization. That’s an organization where we’re directly hired by companies to do a variety of services. It’s like any investment bank or professional services company. We’re working with a company and taking