2 hours to go for Lessons on raising capital and managing legal aspects from a partner at India's leading VC firm!@AccelIndiaVC @CIIEIndia— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Follow @HTSAS_IIMA for Live Tweets on today's session by Anand Daniel of Accel Partners @IIMAhmedabad @CIIEIndia pic.twitter.com/HaHv8rY0sR— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand:"There are specific areas where know how helps, for e.g. Healthcare." @CIIEIndia @AccelIndiaVC #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand:"There are areas when wanting to change the world would do. There are no set of rules" @CIIEIndia @AccelIndiaVC #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand:"Before you find money, find the core team. Being a founder, one needs to be good storyteller" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "For all the businesses market is the most important thing." @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "It is important to understand the size of the market, either dollars or users." @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "It is about how big is the opportunity and how fast it can be scaled." @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "In Indian context, 100-200 mn dollars is the base for the VCs to invest" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "Small angel fund, say 10mn dollar would not have a market size requirement." @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "In the US context, it is about 0.5 to 1bn dollars for investors to get excited" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "VCs usually have a 5-10 year cycle for investment" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "Rapid execution and innovation makes a company stay ahead of competitors" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand:"We invest different amounts at different stages. For a seed stage it is anywhere less than 1M" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "If it is about build a company over 10-20 years, don't look for institutional funding early" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "As an entrepreneur it is important to figure out time frame for building the company" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "Fund raising and Fund management is one of the fundamental jobs of a CEO" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "It typically takes 6 to 9 months to secure funding for a round in India" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "If you take an IPO age in the US it is 11 years, in India it is not going to be lesser" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "Is there enough exits happening in India? No not yet." @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "Most VC funds tend to look at large market and whether something impactfull can be done" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "As VC investor, we should be willing to make risky investment and whether it can touch >10x" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "As VC investor, the only diversification would do is across sectors" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand:"VC investors do look more at technology, whereas Growth investors look at industry & stability" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Anand: "For every 100 company funded by angels only 2 or 3 reach VC funding" @AccelIndiaVC @CIIEIndia #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
With this we conclude the wonderful talk by @adanie2 from @AccelIndiaVC on funding and legal aspects of investing in startups. #HTSAS #IIMA— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Follow us for the next talk. For more information and previous talks and schedule, please check https://t.co/bzUUqK94Lw #HTSAS @CIIEIndia— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017
Thank you @adanie2 for a great session!Everyone: stay tuned at @HTSAS_IIMA and https://t.co/yOaT3qiyLT for links to videos of all sessions https://t.co/GrsN3KyLtJ— HowToStartAStartup (@HTSAS_IIMA) January 12, 2017