In a tech startup, it is a normal process to build a prototype of the product the business is providing to the clients. Prototype depicts the final products and tests out whether the concept will function as intended. In the video, Prasanna Krishnamoorthy provides clarification regarding the robustness of the prototype. This answers the question of
Startups are struggling for many reasons. Some even die or never achieve as much success as they hoped. They did not have to foresee obstacles and did not need to know how to respond to them. You will need capital to finance the development of software or products, office space, marketing. The last thing
Investors are the key to the growth of your business. Finding the right investor with whom you are comfortable conversing and who respects and appreciate your views is indeed challenging. There is a great probability of finding many investors in startup events that you might be going to attend. So what does it mean
Independent and trainees are a vital part of any organization. Sometimes they become full-time employees if they are sufficiently motivated. Even if it fails, you still have work experience and an overview of the industry. Even if you didn’t know well at the internship, you again learned the lessons. Working as an intern at the
You might be wondering how much time does it take for a startup to get funding. Indeed, the funding will enable you to accelerate the pace of your growth and achieve the next level. At the same time, it may bring solutions to a lot of problems you might be tackling at the present. A
How do you determine the equity division among founders? When a set of people get together to form a company this is the first question. Is there a framework or a fixed formula for the same. Instead, it is a function of some factors. There are also some other concerns to keep in mind as
What is the percentage of Equity for first hires? Is there a number for a co-founder? What about senior employees? How much Equity Should you give your first hire? And why should you give them? After completing the excruciating hiring process, the new hurdle would be compensating the people enough. Also, it is difficult
Does a Solo entrepreneur with no professional experience stand a chance of getting funded? Historically, most businesses are built based on partnerships or an independent entrepreneur with a core team of individuals. But nowadays the big question is whether it is possible to go alone as a “solopreneur”? The question is whether you have
Prasanna Krishnamoorthy, the founder of Upekkha, shares with us some tips on how to get funding for a business idea. How do you attract the attention of investor or angel investors for the same? I don’t have a prototype or a product and yet how to get funding for a business idea. Many entrepreneurs
Company Valuation is the process of determining the economic value of the company. Arriving at the company’s valuation is a function of many components. Sharda Balaji, the founder of Novojuris, throws light on these components which together will help you in arriving at the valuation of the company. Sharda Balaji says that it is