Emergic: Rajesh Jain's Blog

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Entries from April 2010

April

April 30th, 2010 · 3 Comments

April is a month that I find very interesting and different for many reasons. First, from a business standpoint, it marks the end of a financial year and the start of a new one. So, there is a time for some fresh thinking and big plans. There is also a bit of breather from the  [...]

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Early-Stage Tech Investing – Part 2

April 29th, 2010 · 7 Comments

In India in the tech space, only a few companies end up getting funded. My guess is that out of every 100 companies that start off, less than 5 end up with adequate capital to build their business. So, what can be done to change this? What many of these early-stage companies need is a [...]

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Early-Stage Tech Investing

April 28th, 2010 · 9 Comments

I was talking to a friend recently on the problems of early-stage investing in tech companies India: lack of  serial/successful entrepreneurs whom investors can bet on limitations of the digital (Internet and mobile) marketspaces (in terms of revenue opportunity) in India dearth of risk capital (from angels and VCs) not enough mentors to guide early-stage [...]

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My Answers

April 27th, 2010 · 4 Comments

Here are my answers to the two questions I asked yesterday. If there was ONE thing you could Change about India, what would it be? Middle India Apathy towards the nation. It is almost as if most of us in Middle India (young, educated in urban India) have switched off from trying to make a [...]

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Two Questions

April 26th, 2010 · 23 Comments

Here are two questions to think about and answer: If there was ONE thing you could Change about India, what would it be? What is India’s Greatest Asset? Leave your answers in the comments. I will give my answers tomorrow.

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Blog Past: Rethinking Education

April 25th, 2010 · 5 Comments

This is from a post I wrote last June: A few days ago, Atanu and I spent a full day meeting with people who are in the education space. We discussed a diverse set of topics around education. What came out clearly was that there are two distinct approaches. One approach is to work within [...]

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Weekend Reading

April 24th, 2010 · No Comments

This week’s links: Economist report on Innovation in Emerging Markets: “Developing countries are becoming hotbeds of business innovation in much the same way as Japan did from the 1950s onwards. They are coming up with new products and services that are dramatically cheaper than their Western equivalents: $3,000 cars, $300 computers and $30 mobile phones [...]

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Presentation on Emerging Tech at SP Jain Centre of Management, Singapore

April 23rd, 2010 · 1 Comment

While in Singapore, I also gave a presentation at the SP Jain Centre of Management to students doing their MBA: SP Jain (Singapore) Presentation – Emerging Technologies, Emerging Markets and Entrepreneurship View more presentations from rajeshjain.

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MMA Singapore Presentation

April 22nd, 2010 · 2 Comments

Here is the presentation I made as part of my keynote at the Mobile Marketing Association conference last week in Singapore: MMA Presentation: Mobile – One to One and One to a Billion View more presentations from rajeshjain.

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Valuation Answer

April 21st, 2010 · 5 Comments

The correct answer to yesterday’s question is $5.84 million. Here is the calculation: Tranche 1: VC gets 50% for $5 million Tranche 2: VC gets 25% for $4 million Tranche 3: VC gets 16.7% for $4 million So, after Round 1, the VC owns 50%. After Round 2, the VC owns (50% * 25%) + [...]

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Valuation Question

April 20th, 2010 · 7 Comments

Here is a question for the mathematically inclined. Consider a company that is planning to raise money. A VC offers it $13 million in 3 tranches: Tranche 1: Pre-money of $5 million, VC invests $5 million Tranche 2: Pre-money of $12 million, VC invests $4 million Tranche 3: Pre-money of $20 million, VC invests $4 [...]

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Atanu’s Letter to Abhishek

April 19th, 2010 · 3 Comments

Atanu Dey wrote a letter to Abhishek on his fifth birthday. Words of Wisdom like Atanu’s are perhaps the finest gift any child can receive. Here is the letter. It gives me great joy to write a letter to you which you will understand – although you may still have to ask your mom or [...]

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Blog Past: Evolving the Mobile VAS Industry

April 18th, 2010 · 1 Comment

I wrote this about 18 months ago, and much of it still holds true: The future of VAS will be driven by many independent VAS operators who drive consumption of data services and thus drive up data revenue to more than compensate for the fall in voice revenues. Think of the multiplier monetisation that could [...]

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Weekend Reading

April 17th, 2010 · No Comments

This week’s links: What Will Be the Next Big Thing in the Mobile Space? by James Kendrick. “What I mean by usage driven is the NBT is going to come from creating a new way to do things that people want to do. That may come from online activities, or handling daily tasks or a combination [...]

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Letter to a 5-year-old – Part 5

April 16th, 2010 · 2 Comments

The person who continues to remain at the centre of your life is your Mom. She is your Precious, and you hers. Looking at you both, I do feel envious at times! One of the things your Mom has instilled in you is a deep faith for Jainism. She is teaching you the scriptures, and [...]

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Letter to a 5-year-old – Part 4

April 15th, 2010 · No Comments

There are many memories which will stay with me from your fifth year. Perhaps, the best ones are the two days we spent together when we went to Pune in the Christmas vacation – without your Mom. So, it was just the two of us. We went by train and came back by bus. It [...]

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Letter to a 5-year-old – Part 3

April 14th, 2010 · 1 Comment

The most important change in your life over the past year has been School. You’ve blossomed in school – become more outgoing and talkative. You have also made any more friends. Your mom tells me you are a favourite with all the girls. One day, you have to share some tricks with me! Your life [...]

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Letter to a 5-year-old – Part 2

April 13th, 2010 · No Comments

We took a bus (No. 63) home. Today was thus a special one for you – two bus rides! At home, we had a longish bath. You played around transferring water from a variety of bottles and cups – “experiments” as we call them. Then, we read a few Thomas books. Your short attention span [...]

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Letter to a 5-year-old

April 12th, 2010 · 3 Comments

Dear Abhishek. This letter continues my series of annual letters to you. I am writing this part a few weeks before actual birthday. I thought it would be a good idea to describe a typical recent Sunday in your life. Sunday is pretty much the only day I really get with you. On most other [...]

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Blog Past: Letter to a 4-year-old

April 11th, 2010 · No Comments

Starting tomorrow, I will be writing my annual Letter to Abhishek as his birthday (April 19)  nears. This is from the letter I wrote last year: Your fourth year has been an absolute delight – for you and for us, your parents. You are now so full of life, questions and comments on everything.  Every [...]

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