Articles tagged with: Startup
A variation of a famous quote goes like this:
“Winners never quit and Quitters never win. But those who never win and never quit are idiots”.
Seth Godin explained this is detail in his book “The Dip: A Little Book That Teaches You When to Quit (and When to Stick)” where he stated:
“Winners quit all the time. They just quit the right stuff at the right time”.
This morning, I had to deal with this question when I met an earnest hard-working entrepreneur who in the process of leaving a start-up after investing about two and a half years.
One of his queries was should he release his stake, most likely at suppressed valuations? This was making sense to him since he is no longer excited by the idea and one of the core reasons for quitting is his own evaluation about the startup’s “bleak” future.
Greg Moran and David aim to introduce “Zoom Car India”, a Car Sharing service in India, beginning with Bangalore. While we do have initiatives like www.poolmycar.in in India, “Car Sharing” aims to be different than “Car Pooling” or “Ride Sharing”. They are using indiegogo.com to raise $ 15,000 out of the $ 500,000 investment they intend to raise after the Proof of Concept (POC) is established.