On Jan 2, 2010, at 12:53 PM, Saswata Banerjee & Associates wrote:
On 1/2/2010 12:06 AM, Krishnakant wrote:
That is a proposal for a startup. If it is ready for use AND has a
market you are in business. It is an issue faced by every new product / project / business. You need to build your business case and give it to a VC / bank / FI.
I can't agree more. that is absolutely right. But VC will mostly not understand that "free " word and even if it is understood, no one sees scope of profit. I don't see mark shuttalworth everywhere.
Happy hacking. Krishnakant.
VCs and Angles today are very hot on "Open Source" as it is the new buzzword that they feel is the road to the future. They understand the services model as well as or in fact, better than, the Open Source developers themselves.
Given a choice between Proprietary/Patent-Pending and Free/Open, it doesn't take a PhD to understand where the VC will swing. Angel Investors in India are an extinct species. Most of them who pride in calling themselves so are simply VCs and PE players in sheep's clothing.
Cheers,
Amol Hatwar