HI, i am working on my second startup after my first one failed to take off. I learnt many lessons from the first one which was the online booking of automobile services and not learning from my second startup a software.
Before going further, people who love ranting but dont like other people ranting can buzz off. What are my learnings and how do they help no one in general and particular.
I read somewhere recently “why india can make facebook, uber or a google”. It said few things very rightly, that we care more about competition than innovation. If you want to always fight to make best biryani , then you cant make best pasta. A lot of our founders are also accused of burning cash and being reckless and most importantly not having business model. To all VC, angel, seeders and fuddu kid feeders, my questions to you are-
Q1. Gave money without model? (saale nashe mein paise diye the kya)
Q2. They are burning cash recklessly? (monthly reports ke printout ke upar bhel kha rahe ho kya)
Q3. Why the hell have you made ecosystem a closed community?
A few angels I have read about , said they only gave money to people in reference circle. I mean what the hell is it, feels like applying for jobs in 70’s or 80’s. Is your closed circle limit of innovation or you have souls of steve jobs and graham bell working for you? Wasn’t startup founders supposed to be no bodies with capacity to become somebody. Wasn’t angel investing supposed to be about risk? (saadu bhai ke bete ko paisa dena bhi kam risky nahi hai, please note).
Even if unlucky souls somehow reach somewhere and get a phonecall or meeting with someone. The questions are-
Q1. There is no entry barrier
Q2. Why no early customers
Q3. No revenue
My dear einsteineously dumb people, i will come for funding weekend after IPO, is that ok?
Or let me ask you questions
Q1. for all our your bull shit about entry barrier and innovation , what exactly does on demand photocopies that you have as your pets have for an innovative property or entry barrier
Q2. Why can’t you admit if you dont know or understand certain concept? You are here to make money and not be “know-it-all”
Q3. What keeps you so busy to not even reply no? You were playing how hot girl looked after cold beer with either another photocopy or your investment on twitter?
Q4. IIT love, seriously? I mean I seriously feel IIT can get away with selling cough on demand. They fought for place by clearing a written examination and you trust them with money for practical business?
Q5. You are visionaries supporting future visionaries, my ass guys. Look beyond immediate funding if you can else havan karo
All is well, all is well