Building a "Rocket" Business.

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How do you build a "Rocket" Business? In other words, how do you build a business that goes vroom, and can excite Venture Capital? A talk at IBS, Hyderabad.

Transcript of Building a "Rocket" Business.

Building a “Rocket” BusinessHow to get “Venture” Funded.

Vijay Anand, The Startup Centre

IBS |

Hydera

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We support technology Entrepreneurs building Global Startups – leveraging Software to solve Real World Problems – through our Resident + Accelerator Programme in Chennai.

www.thestartupcentre.com

Building a “Rocket” BusinessHow to get “Venture” Funded.

Vijay Anand, The Startup Centre

IBS |

Hydera

bad

5th D

ece

mb

er,

20

12

We all have Problems. The way we solve them is what

makes us different.

- Unknown Author

What Business Are you in?

Venture Capital

Who Built Facebook?

Who Built Facebook?

How Many “Projects” Did Zuckerberg build before Facebook?

Less Than 2% of Startups get

Venture Funded.

The Fact

Vijay Anand | The Startup Centre | @vijayanands

Understanding “Cost of Capital”

Friends and Family

Small Business Loan

Bank Loan

Credit Card

Venture Capital

Almost 0%

~ 9% ~ 11% ~24% Min 20% - 500%

Venture Capital, is for the rare “moon-shot” ventures, where you can promise everything, or end up with nothing.

But Startups DO get Venture Funded.What are some of the commonalities with all of them?

1. Solve Big Problems

Vijay Anand | The Startup Centre | @vijayanands

Vijay Anand | The Startup Centre | @vijayanands

2. Leverage Technology

Vijay Anand | The Startup Centre | @vijayanands

3. Be Darn Good at What you do

Vijay Anand | The Startup Centre | @vijayanands

4. Lead. *Ahem*, that’ll mean you need a team

Vijay Anand | The Startup Centre | @vijayanands

5. Build a Business, solving Real Problems

Vijay Anand | The Startup Centre | @vijayanands

6. Experience Counts

Vijay Anand | The Startup Centre | @vijayanands

7. Build Your +1 SkillsetBuild your Spikes.

Vijay Anand | The Startup Centre | @vijayanands

If you don’t succeed at first,

try, try again.

Vijay Anand | The Startup Centre | @vijayanands

Are you really building a

rocket?

Winning, must mean something. There is no

point investing in a company, to win and

to not get a substantial return – or to not impact the world.

Vinod Khosla, Khosla Ventures – Co-Founder at Sun Microsystems

Questions?

Vijay Anand | The Startup Centre | @vijayanands

Vijay AnandThe Startup Centre

vijay@thestartupcentre.com

www.twitter.com/vijayanands