Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

UNLIMITED

Business Today

Talking To Angels

What angel investors look at before deciding to fund a start up

Saurabh Srivastava, an IT industry veteran and co founder of Indian Angel Network (IAN), once took out a start up founder to dinner. "After we sat down, I asked him what he would like to drink. He answered single malt, so I looked down the menu and found a 12 year old Glenfiddich, which was the most reasonable, ordered it and passed the menu to the founder," Srivastava recounts.

The start up founder looked at the menu and told Srivastava, "You know, Saurabh, I never drink single malt which is less than 18 years old." Srivastava was left flabbergasted. "I was quite surprised. Is this guy for real? He just saw me order!" Suffice to say, the founder's pitch did not work.

Raman Roy, another IAN co founder and also known as the father of the Indian BPO industry, has a standard question

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today2 min read
Making A Bold Bet
FOR MOST PEOPLE, a period of disruption is the time to focus on survival. But for Shauna Chauhan of Parle Agro, the period of disruption is the time for innovation and doubling down on the growth agenda. That is the reason why, when after the pandemi
Business Today6 min read
Waiting In The Wings
KIRAN RAO WAITED for 14 long years to take the director seat again after her critically acclaimed debut Dhobi Ghat in 2010. And, it’s worth the wait. Laapataa Ladies, her second directorial feature film, gave Netflix its biggest success in 2024 and i
Business Today1 min read
Digital First
ABOUT TWO YEARS before the pandemic, Anupriya Acharya and her team at Publicis Groupe, South Asia saw an opportunity to build capabilities in e-commerce. “The approach has always been to invest ahead of time,” she says. That came good during the pand

Related Books & Audiobooks