Building a "Rocket" Business.

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Building a “Rocket” Business How to get “Venture” Funded. Vijay Anand, The Startup Centre IBS | Hyderabad 5 th December, 2012

description

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.

Page 1: Building a "Rocket" Business.

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

Vijay Anand, The Startup Centre

IBS |

Hydera

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5th D

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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

Page 3: Building a "Rocket" Business.

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

Vijay Anand, The Startup Centre

IBS |

Hydera

bad

5th D

ece

mb

er,

20

12

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

makes us different.

- Unknown Author

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What Business Are you in?

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Venture Capital

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Who Built Facebook?

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Who Built Facebook?

How Many “Projects” Did Zuckerberg build before Facebook?

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Less Than 2% of Startups get

Venture Funded.

The Fact

Vijay Anand | The Startup Centre | @vijayanands

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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.

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

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1. Solve Big Problems

Vijay Anand | The Startup Centre | @vijayanands

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Vijay Anand | The Startup Centre | @vijayanands

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2. Leverage Technology

Vijay Anand | The Startup Centre | @vijayanands

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3. Be Darn Good at What you do

Vijay Anand | The Startup Centre | @vijayanands

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

Vijay Anand | The Startup Centre | @vijayanands

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5. Build a Business, solving Real Problems

Vijay Anand | The Startup Centre | @vijayanands

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6. Experience Counts

Vijay Anand | The Startup Centre | @vijayanands

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7. Build Your +1 SkillsetBuild your Spikes.

Vijay Anand | The Startup Centre | @vijayanands

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If you don’t succeed at first,

try, try again.

Vijay Anand | The Startup Centre | @vijayanands

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Are you really building a

rocket?

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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

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Questions?

Vijay Anand | The Startup Centre | @vijayanands

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Vijay AnandThe Startup Centre

[email protected]

www.twitter.com/vijayanands