Friday, August 4, 2017

Investors or Not

I've learnt some valuable lessons via the Snapdeal episode: 1. Don't add investors to your Company's Balance Sheet like you would collect visiting cards in a fishbowl. Each supplier of money comes with very different Karmic expectations. (yes Karmic). In the case of Snapdeal, it's like having 25 different In-Laws to deal with simultaneously. Don't you dare give it a try. 2. Vanity Capital (Ratan Tata / Premji and Gang) can quickly become Vampire Capital. These guys have egos to feed- not ROIs to calculate on the chunnu munnu investments in your Biz. Feeding high profile egos is 1000X more difficult than even generating profits in e-com. 3. You can't be a buyer and a seller at the same time (other than a Stock Market trader). If you want to SELL a Business then sell it. Overnight you cannot become a BUYER and say let me build it. Decide what's your view of your Company and stick with it? Else you signal that you don't value what you own.
4. Even to chop trees to state highway is a pain point felt by all. Chopping people randomly is bad bad karma! Why keep people when you know you are not sustainable? They cannot be rented furniture just to make an impression!!

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