Comments on: Is Micro-Funding a New Trend to Come? http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/ Perspectives of an Entrepreneur from the Indian Startup Trenches. Wed, 25 Jan 2012 13:42:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Vijay Anand http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-4185 Vijay Anand Sun, 21 Mar 2010 18:21:17 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-4185 @George, You couldnt have said it better. I dont think anyone needs anyone - if that were true, I'd build a business around this rather than try to mobilize things. But thats also the answer. Change happens when the industry as a whole makes that shift, and decides to rethink - lest it get fragmented and the entire industry goes into an experimental mode. I am just trying to facilitate it, with some of my own personal agenda :) @George,

You couldnt have said it better. I dont think anyone needs anyone – if that were true, I’d build a business around this rather than try to mobilize things. But thats also the answer. Change happens when the industry as a whole makes that shift, and decides to rethink – lest it get fragmented and the entire industry goes into an experimental mode. I am just trying to facilitate it, with some of my own personal agenda :)

]]> By: George Vettath http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-3788 George Vettath Thu, 04 Mar 2010 07:43:09 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-3788 Spot on Vijay. Im surprised that VC's took so long to find out what every multinational that succeeded in India found out To sell Coke at 5 Rs and not 1 dollar To sell a burger at 20 Rs. and not 3 dollars Sell ERP at 10 lakhs and not 100000 dollars To do this you have to rethink your operational processes to make it happen. Nothing different in the VC space. My only question is - why does it need someone like you to fix it - cant the VC's fix it themselves? Spot on Vijay.

Im surprised that VC’s took so long to find out what every multinational that succeeded in India found out

To sell Coke at 5 Rs and not 1 dollar
To sell a burger at 20 Rs. and not 3 dollars
Sell ERP at 10 lakhs and not 100000 dollars

To do this you have to rethink your operational processes to make it happen.

Nothing different in the VC space.

My only question is – why does it need someone like you to fix it – cant the VC’s fix it themselves?

]]> By: Toon India http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-1797 Toon India Tue, 08 Sep 2009 05:50:26 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-1797 yup..for a country as diverse as ours..micro finance is the way to go...employing people who are less educated yet efficient workers has to be the USP of our small enterprises yup..for a country as diverse as ours..micro finance is the way to go…employing people who are less educated yet efficient workers has to be the USP of our small enterprises

]]> By: Vijay Anand http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-1791 Vijay Anand Sat, 05 Sep 2009 19:58:21 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-1791 JN: Dont take it too literally. If you look at it from a fund management perspective, the comparison sticks. I wouldnt call it "greed". Get into the qualities of humanity and try to change it and there are somethings that are neither fixable, nor scalable. It helps to get out of that thinking and to think in terms of "models" JN: Dont take it too literally. If you look at it from a fund management perspective, the comparison sticks.

I wouldnt call it “greed”. Get into the qualities of humanity and try to change it and there are somethings that are neither fixable, nor scalable. It helps to get out of that thinking and to think in terms of “models”

]]> By: JN http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-1781 JN Thu, 03 Sep 2009 19:15:30 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-1781 You're absolutely right about the glaring need for a micro-VC system. However, am not sure the microfinance parallel is right. Microfinance works because of a couple of reasons, none of which applies to small ticket VC funding, for eg. the standardisation of the product, the effect of social pressure on ensuring debt repayment and the rate of return. I guess less greed (ie smaller management fees) and deferred equity upside is the only way to go.. You’re absolutely right about the glaring need for a micro-VC system. However, am not sure the microfinance parallel is right.
Microfinance works because of a couple of reasons, none of which applies to small ticket VC funding, for eg. the standardisation of the product, the effect of social pressure on ensuring debt repayment and the rate of return.

I guess less greed (ie smaller management fees) and deferred equity upside is the only way to go..

]]> By: Mohit Kasera http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/comment-page-1/#comment-1743 Mohit Kasera Fri, 28 Aug 2009 11:27:26 +0000 http://www.vijayanand.name/2009/08/is-micro-funding-a-new-trend-to-come/#comment-1743 Hello Mr. Anand i really appreciate your effort to come out with this very important issue for every entrepreneur. Hello Mr. Anand
i really appreciate your effort to come out with this very important issue for every entrepreneur.

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