“It’s a good team that makes a startup successful” is a hindsight statement

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While we agree with the fact that a visibly bad team from the starting itself is a recipe for disaster, I am not sure how to interpret the oft head statement saying “Startup is all about creating a good team”, or “good team makes a startup successful” or other permutations of the words, ‘Good Team’, ‘Startups’, ‘Success’. The reason – … Read More

VCs who move too fast

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Mayank Khanduja from SAIF Partners has an excellent post up on NBW on an unusual but important situation – where a VC moves quicker than is sensible to offering a termsheet. We all know of instances where funds move quickly to extend a term sheet, only to see it fall through at later stage, as some part of the due-diligence … Read More