@ CII Innovation Summit 2013

1. Entrepreneurs and investors – pitch for fund raising is like “love at first sight, if chemistry is not there – difficult for arithmetic to work”! 2. Dealing with uncertainty and comfort to thrive in ambiguity – key DNA needed for entrepreneurs 3. US: 18-20k companies formed every year (20-30% get funding) vs India 1.5-3k (8-10% get funded) Failures: 60-70% in US vs India 40-50% 4. US companies exit at 20-30 Mn USD while Indian companies exit at 2-3 Mn USD. “Think Big” mindset lacks in India while we also are risk averse (is that why we withstood the global … Continue reading @ CII Innovation Summit 2013

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