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I din’t know that WEB 2.0 gets discussed at World Economic Forum also…

Hey see what i found and really if you love web and keep wondering whats happening around, who’s doin it and what more is gonna happen….then these 56minutes and 37 seconds are gonna be worth….Microsoft, You Tube, nike and forbes guyz all at one place..

wanted to write down the excerpts from the discussion but first i was really engrossed in listenening to all of them and then not much time was left for me to do that….i heard a lot ideas coming out from the mouths of web 2.0 veterans themselves…so do lemme know if any of them lights up something in your brain too…who knows maybe next we are the part of the panelists..(ahh..ohh god that was reall good to dreamm ;) )

BarCampDelhi3- Pack your bag Campers !!

BarCampDelhi3

BarCamp - A long awaited event is here in Delhi again. I can describe it as - “A place where you can find techies, geeks, startup guys, entrepreneurs, VCs, bloggers..etc all under one roof with a common goal of ’sharing’

I always find these events really amusing with a lot of enthusiasts around, oozing out alot of positive energies, full of ideas and a belief to convert them to reality. The excitement comes from the kind of open forum these events provide to all to present their ideas, products or just to share their knowledge with others. Best place to get your idea/product/business or technology reviewed by a lot of brains.

Who Should Attend?

If you are startup entrepreneur, Investor, techie or any one who has an appetite for technology, is a web and mobile enthusiast and love to network with the people carrying all those geeky things in their heads…you’re welcome !!

How to register?

For that you need to add your name in ‘Campers’ at BarCamp Wiki. There are opportunities open to ‘volunteer‘ , ‘Present/Deliver a talk‘ or even ‘Sponsor‘ , so add you name in appropriate section there.

Venue : still not decided…will be updated soon !!

Looking forward to see you at the camp !! :)

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Update : Venue for the event announced !!

Impetus Technologies
D-39/40, Sector - 59
Noida

Date: 8th December, 2007

Time: 9:30 AM - 5:30 Pm

DesiMartini - HT drank it all !! But Why???

I was a bit more than “surprised” reading this in mint today -”HT Media acquires Social Networking site DesiMartini.com for close to $10 Million”. Whaaattt?? was my first reaction…then some rubbing of eyes and then read the complete news item again. I can understand as every business is starting to recognize the power of social networks, Big media guyz are also eyeing the chance to have one themselves but in this deal i was not able to digest few things :

1. Why DesiMartini??

2. Why $10 Million for that anyway??

i got to know about DesiMartini.com after meeting vivek pahwa at some conference and believe me after looking at the homepage i dint’ even feel like registering at the first place ( credit goes to its design) and started wondering who all are registering here and why (i am still wondering ;) )…c’mon we already have facebook, orkut and they serve the purpose.

but as the news says desimartini is boasting of a decent user base of 2.5 lakh people with more than 2.5 million page views a month. good if its true but still i dont see these social networks going anywhere without adding any value to the concept. For HT i dont know how good this deal was (hope they know) but big congrats to vivek and his team. !!

Now i can understand why MingleBox.com received a funding of $7 Million or bigadda.com flowing mindless money on boom advertising or MIH funding ibibo.com but all in all as a web 2.0 entrepreneur the whole idea of creating another social network doesn’t excite me at all…ahh…but when i think about creating ‘close-to’ $10 million :) this seems the easiest path..what say Nikhil ;) ??

Wanna work for a StartUp??…ahh….Dare-to-BeThere !!

This is one ‘opportunity‘ which ‘no-one‘(generally ;) ) is looking around for specially…reasons may be different, for example the reasons i come across are:

1. Job security in an established company.

2. Financial security (the kind of money you can get)

3. A better name associated with you in your career record.

4. Facilities, benefits..n blah blah n blahhh…

(i call this “List 1” so as to refer back easily.)

but the ones who have ever given it a thought, (both to work for a startup or start one themselves) ask them n they will tell you, its a Daring step…why..??…i tell you:

A Startup is where following things will never happen :-

nobody will ask you about your

a) Qualification

b) your lineup of degrees

c) your academic credentials

(lets say if they ask you…remember they dont bother much if its good or bad…bothways)

Reasons??

1. Skills are more important than theoretical knowledge

2. if knowledge is important then it better be practical

3. degrees ‘only’ don’t gaurantee points 1 & 2.

They (startup guys) won’t try to vow you with a fancy pay package or a cushy job, on the contrary they will be trying to vow you with the large amount of work you’ll be responsible for and at the same time expecting that you(prospective employee) are fascinated by it :) .

Because YOU will be the one responsible to create the elements of LIST1 (kindly refer back) ‘for you‘ and ‘for everyone else‘ in your team. Progress of any group/organization/team/company depends on its members/employees but when it comes to a startup it becomes more crucial as there are less resources to fall back.

But why work for a StartUp??

i can go on listing like 100 points on this one !! lets see few strong ones:

1. Freedom of doing your own things.

2. Freedom of creating-the-things as you think.

3. You tend to create new ways of doing things… instead ‘always’ following the old ones.

(if above points sound like a fancy kiddish perspective, have a look at some serious ones)

4. The kind of Exposure you get is valuable - as no where you will find departments restricting you of exploring a field which might interest you.

5. Better learning curve - as you will be doing the tasks which in bigger companies you’ll find to be divided amongst many people leaving you with a small part of it . so here that is what makes it challenging to work, if you think then in some way startup demand you to work as a one man army.

6. better appreciation, recognition for your effort.

7. Faster execution of ideas.

8. Open forum where everyone has his say.

9. Environment is cool, less rigid in terms of rules, or what we call a ‘Startup Culture’.

So is everyone welcome??

No, Beware of the bad aspects of the points listed above if you’re not:

  • Self-Motivated
  • Highly committed to your work/goal
  • having thirst to learn
  • work-o-hlic

and these are what i call prerequisites to even think about working for a startup or starting one yourselves.

Personally, in my early engineering days i always had this idea of starting something myself and i was sure that if in case am not able to do so then i am going to work with a startup company and that is what i used to advice my friends also ( for what i used to get mass rejection though ;) ) . its not that i have any apprehension working with a bigger company, rather the whole idea revolves around the “enterprising attitude” which demands your space to perform, which generally is not found in bigger organizations when you start as a fresher.

but if you have that opportunity of working with an established organization and having your space to innovate and create something new or better…do grab it…that is what “Intrapreneurship” is all about…around which my next post will be revolving.