Ensuring Debt Finance for All Professionally-run MSMEs.
For several years, a number of policy initiatives have been taken to address the financing gaps for MSMEs. Of course, we have improved over the years. However, a lot still needs to be done. Here is a set of views, that I have, on how to go about doing it. Some of it is about…
“World Domination” of the Agri Supply Chain
Historically misdirected/misutilised subsidies of the Govt made it very difficult for private players to operate in the agriculture supply chain. With the easing of regulations, we are seeing a large number of new private ventures (traditional and new age startups) entering agriculture. That is a good sign. However, what worries me is that some of these companies (startups)…
What is a start-up about?
Looking at popular start-up media, one would think that start-ups are about “minting money” or about “raising large venture capital” rounds. I wish start-ups were about building institutions that outlived us. Or, am I plain wrong?
Enterprise and Quest towards reducing friction
Customer loyalty is a result of reduced friction. All successful enterprises (for profit or non-profit) are in the business of reducing friction that a customer faces in the process of accessing products or services required by the customer. Friction, that arises during pre-product acquisition as well as post product acquisition phases, needs to be reduced…
How much equity and when?
When you judge a promoter on his interest in the business in terms of equity contribution brought into the business, what would you consider more sensible? A. bringing in equity capital in phases All start-ups are prone to initial setbacks but some of them can recover if further capital is pumped in to the changed…
Early stage investment in a start-up
A bunch of articles that talk about seed stage/pre-VC stage investments in startups. The debate is primarily between whether to do a convertible debt or to do a preferred equity. There are arguments both for and against each side. The basic premise: convertible debt delays the conversation on valuation to the next round. It gives…
Human Resource: Could be a complete drain on resources
One out of the three first employees that I recruited, turned out to be a rogue! He forged reimbursement bills, made issues about the work that he was supposed to do, tried to “poison” other team members. The fact that we are start-up, complicated things a bit more for us. I was ready to take…
The approach to the “marketplace” business model
Jason is back with another great post on market place business model. By marketplace, he refers to a platform which connects buyers and sellers who find it difficult to connect. A few insights distilled from his post: (I must say that the full post is a MUST Read. This summary here, is not the best!)…