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Startup Ecosystem in Kolkata: The Help We Need

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

No, we don’t need money.

We need you to look around in your sphere of influence and find entrepreneurs and potential entrepreneurs and facilitate their learning.

We need you to guide them to increase their odds of a successful entrepreneurial journey by investing their TIME in a rigorous learning process that is firmly rooted in Bootstrapping

Not Blitzscaling. Bootstrapping.

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Startup Ecosystem in Kolkata: A Word From Tagore

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

If you understand the language, listen to this in its Bengali original.

Here’s my English Translation of the poem for those who do not understand the language:

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Startup Ecosystem in Kolkata: Excess is NOT a Requirement for Success

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

Let me finish this series with a bit of personal philosophy.

Excess doesn’t always breed happiness.

It often generates arrogance, hubris, jealousy, and a host of unappetizing side effects.

Keeping your feet on the ground, preserving social awareness, a sense of responsibility towards a set of goals bigger than yourself, nurturing healthy, warm relationships – these are the true drivers of happiness.

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Startup Ecosystem in Kolkata: The Importance of English

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

India’s success in the global technology firmament has been driven very significantly by the country’s prowess in English.

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Startup Ecosystem in Kolkata: No Unicorns, Then?

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

By de-emphasizing Unicorns, am I recommending that we should be less ambitious for Kolkata? Bengal? Eastern India?

No.

Bootstrap First, Raise Money Later is a GREAT strategy for building Unicorns.

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Startup Ecosystem in Kolkata: New Technologies Bring New Opportunities

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

I am sure many entrepreneurs are chomping at the bits to get a Generative AI startup going.

And, you are reading about hundreds of millions of dollars in VC funding being splashed on this quest.

Well, I want you to think differently.

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Startup Ecosystem in Kolkata: Lack of Big Ideas

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

Unicorn chasing VCs are looking for big ideas.

Their philosophy: Go BIG or Go HOME.

My philosophy: PLEASE DON’T GO HOME.

There are many more $5M, $10M, $20M ideas out there than billion dollar ideas. 

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Startup Ecosystem in Kolkata: Low Appetite for Risk

Posted on Tuesday, Jun 27th 2023

Join us on Thursday, July 20, at 8:30 p.m. IST / 8 a.m. PDT for a special roundtable program: Brainstorming on Eastern India Startup Development. Come share your perspective, sign up to Speak and we will accommodate as many as possible with a few minutes to talk, register here. In case you missed it, you can listen to the recording of this roundtable here.

Why has Kolkata’s startup ecosystem failed to thrive thus far?

One hypothesis is that the Bengali population has low tolerance for risk. There is, obviously, truth to this, especially in view of the evidence that the bulk of entrepreneurial progress in Bengal has been led by the Marwari and Gujarati communities.

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