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Entrepreneurial DNA: Do You Have it? - Anthony Tjan - HarvardBusiness.org
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Here is an analogy and question I ask people when assessing their
potential for entrepreneurship: Are you a bond or an equity? I believe
that most people grow up dreaming to be an equity (or at least thought of as
equity), but end up working in high-yield bond situations. (The proverbial
post-business school career path of: "I'll work here for a few years, and then
do my entrepreneurial passion."). If not acted on early enough, these passions
often become compromised as the lure of less risky alternatives and the reality
of life-stage responsibilities present themselves. It is the guts to go after
risk and the perseverance to stick it out that make entrepreneurs more
equity-like than bond-like. Business schools are a fascinating places to watch
equity people turn into bonds people, or at best to find "equity in the closet"
- folks who deep down wish to start something but then decide to take bond-like
jobs.
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Y Combinator: What We Do
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Y Combinator does seed funding for startups. Seed funding is the earliest stage
of venture funding. It pays your expenses while you're getting started. -
At Y Combinator, our goal is to get you through the first phase. This usually
means: get you to the point where you've built something impressive enough to
raise money on a larger scale. Then we introduce you to later stage investors—or
occasionally even acquirers. - 4 more annotations...
Ping - Just Don’t Compare Kosmix to Google - NYTimes.com
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“With the explosion of information on the Web
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Venky Harinarayan and Anand Rajaraman, the co-founders of Kosmix
- 6 more annotations...
Solving a Social Problem, Without Going the Nonprofit Route - NYTimes.com
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D.light
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Mr. Goldman started D.light with the mission of replacing millions of kerosene
lamps now used in poor, rural parts of the world with solar-powered lamps. - 9 more annotations...
Entrepreneurship in India | A suitable business | The Economist
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These ideas evolved into Sammaan (which means dignity), one of 30 Indian
enterprises shortlisted in a competition to find the country’s “hottest”
start-up. The contest, which attracted over 500 nominees, is run by the National
Entrepreneurship Network (NEN), which promotes the spirit of enterprise on
India’s campuses, and the Tata group, an Indian conglomerate, which was a hot
start-up 140 years ago. The competition’s five winners, decided by a mixture of
online voting and expert judgment, will emerge in late December.More than 75% of the nominees are, like Mr Alam (pictured above),
first-generation entrepreneurs who do not hail from business families.
Two-thirds of the final 30 have masters degrees. In short, they have plenty of
options. Their enthusiasm for entrepreneurship represents a growing willingness
on the part of highly educated Indians to turn their backs on careers in
brand-name companies and strike out on their own. “In my early years, your
business card was very important,” says Kanwal Singh, one of the competition’s
advisers, who has carried the cards of Hindustan Lever and Intel in his time. He
now works for Helion Ventures, an Indian venture-capital fund, which has seen
some 1,500 proposals in the past three years. Inside the NEN, “we call it a
revolution in middle-class aspirations,” says Laura Parkin, the network’s
executive director. -
One Infosys employee, Rajesh Varrier, quit in 2006 to start his own firm,
activecubes, which also made the Tata NEN shortlist. When Mr Nilekani asked Mr
Varrier why he thought he could make it alone, he replied: “Because of you.” For
India’s younger entrepreneurs, even Mr Nilekani is now a distant, hallowed
figure - 1 more annotations...
Virgance: activism 2.0
Carrotmob is a mechanism for making "sustainable" business choices also the most
profitable choices. launching on Facebook!
Unitus - Mission
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nonprofit organization, works to reduce global poverty by increasing access to
life-changing microfinance services -
Unitus seeks out and partners with young, high-potential microfinance
institutions (MFIs), helping them build capacity, attract capital, and achieve
exponential growth - 2 more annotations...
V.C. Advice to Entrepreneurs: Its Not All About the iPhone - Bits - Technology - New York Times Blog
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intelligently hedge their bets across multiple platforms
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