a mARTIAN dIARY

While going through Paul Grahm’s site , I came in touch with a lot of interesting ideas/concepts regarding startup’s. Love the hacker-investor relation theory

I dont know whats the current situation in India, but I think the "geek-has-brilliant-idea-gets-funded-and-becomes-millionaire" story is not at all common here. But its pretty common in US and its really useful (and more importantly fun ) to learn from their experiences if you are looking at start-up’s. Anyway….A new term for me in that respect was the term Angel Investor.

Angel Investors (or simply Angels) are affluent individuals who provide capital for business start-ups, usually in exchange for an equity stake. Unlike venture capitalists, angels typically do not pool money in a professionally-managed fund. However, angel investors often organize themselves in angel networks or angel groups to share research and pool investment capital.

Intresting Idea and I also think it make a lot of sense for the startup since they can get support by puttling less at stake and while they are mature enough to more into talk to VC’s they would be in a much stronger position and also better educated in the tricks and trade from the master himself

A very interesting write up on one of them is available at the msnbc site.It seems to pretty similar to the dragon’s den show that I loved to watch while in UK, except that here the money involved is much less and also the stake they ask for in the company is also very low.

 In this respect,when can we see a Ycombinator in India, or does it exist already?