who will also have the opportunity to witness a non-linear growth.
“This is more common in technology start-ups because the amount of capital required to bootstrap is small as people can build them by using open source and cloud on the net as well as by leveraging the tools available, which may cost them as less as $1,00,000,” he says.
Karthik Reddy, managing partner of the R100-crore seed fund Blume Ventures, adds, “From an entrepreneurial perspective, people who come out of start-ups are better placed compared to organisations like Yahoo! or Google where employees tend to be too structured despite being good engineers.” He adds that he is expecting more and more companies to come out of start-ups when the first lot of companies becomes successful.
Kunal Bahl, CEO and founder of e-commerce platform Snapdeal, feels that the next generation of entrepreneurs will largely come from either the IITs/IIMs or out of these start-ups.
“Being part of the beginning team of a successful start-up will mean that they have seen what it takes to build companies from a scratch. That gives the confidence of taking a risk once you have an idea,” Bahl says.
Raghu Ramanujam, founder of startup PoolCircle, a technology platform for peer-to-peer sharing, says that he has learnt to get the basics right from Zoho as well as the ability to think big as a global company from InMobi. “Being part of the founding team and working closely with them is a huge influence in the way you think. We think big because of Naveens (one of the founders of InMobi) and (Sridhar) Vembus (one of the founders of Zoho) of the world,” he says.
Entrepreneurs feel that there are enough start-ups and mentors — who have done that — in the ecosystem now. But Ramanujam adds that, ultimately, entrepreneurs cannot put the onus on the ecosystem and, for a good idea, market will naturally provide that to them. “Customers are willing to experiment and investors are willing to put faith on such entrepreneurs,” he says.
It is not always the money which is inspiring people to launch their startups. According