Indian entrepreneurs should listen to this set of podcasts to get into the minds of investors who offer invaluable insights. Naren Gupta, Nexus Ventures – As a co-founder of a firm with an excellent track record of investing in the Silicon Valley – India corridor, but with a global market point of view, Naren shares
If you have the stomach for it, the metal to carry on, the energy to bootstrap to a point where either you CAN get funded, or generate enough revenues and become profitable, we can help.
Just because you have been rejected by VCs doesn’t mean you cannot build a great business. Marc Benioff was rejected by pretty much ALL the VCs he approached. Didn’t stop him from building Salesforce.com into a multi billion dollar enterprise with global impact.
What is your business model? Do you have one, or is it TBD? Is it Freemium?
Do you know the difference between a business model and an exit strategy? Are you building a business that has a real, viable business model? Or are you trying to do an Instagram?
What is TAM? Perhaps, the biggest factor in whether a VC funds you or not. TAM = Total Available Market. Note: Top Down TAM doesn’t matter. You need to present a Bottom-Up TAM Analysis. And to get funded, that TAM needs to be very large. Billion. Two billion. Ten billion.
Do you understand the impact of infusing cash into your business? You do, right?
What have you been doing for the last six months? Chasing customers? Chasing Investors?