Why you should quit your job for a start-up. By: Nishant Soni (CEO, Cobaan) [email_address] , 9350353067 Dec 21, 2006

Why Startups Startups present the only (and the best) opportunity to make you stinking filthy obscenely rich. Think 50-200 Crores over the next 2-5 years Catch Be at the right place at the right time Understand what is the right place (company) and what is the right time (cofounder, post-angel, post-seed)

Startups present the only (and the best) opportunity to make you stinking filthy obscenely rich.

Think 50-200 Crores over the next 2-5 years

Catch

Be at the right place at the right time

Understand what is the right place (company) and what is the right time (cofounder, post-angel, post-seed)

Understand Startups to Win with Startups Why? Odds are very heavily stacked against startup success. Think flipping a dice 10 times in a row and getting a six each time. The good part Very Striking and Identifiable predictors behind Startup success. Team, Experience, Funding, Marketing, Leadership, Board of advisors, Opportunity Size (Valuations), Focus, References: Google(“paul graham”), Google(“guy kawasaki”) Start-up which has these predictors in place and is at the ‘right time’ to join is extremely rare (think needle in the biggest haystack you have seen) . Consider it an opportunity of a lifetime .

Why?

Odds are very heavily stacked against startup success.

Think flipping a dice 10 times in a row and getting a six each time.

The good part

Very Striking and Identifiable predictors behind Startup success.

Team, Experience, Funding, Marketing, Leadership, Board of advisors, Opportunity Size (Valuations), Focus,

References: Google(“paul graham”), Google(“guy kawasaki”)

Get the Startup State of mind Why ? So that you can startup next. A new way of life – the right way TAKE CONTROL and CREATE opportunities What is the startup state of mind ? GTD-WIT Getting Things Done, Whatever It Takes. If you try hard enough something’s gotta give. Approaching people – everyone wants to help.

Why ?

So that you can startup next.

A new way of life – the right way

TAKE CONTROL and CREATE opportunities

What is the startup state of mind ?

GTD-WIT

Getting Things Done, Whatever It Takes.

If you try hard enough something’s gotta give.

Approaching people – everyone wants to help.

What is the best way to ‘Understand start-ups’ and learn the ‘Start-up way of life’ WORK AT A START-UP Ref: Google (“paul graham”) or anyone who has done or been at a startup

WORK AT A START-UP

Ref: Google (“paul graham”) or anyone who has done or been at a startup

Why ?

Cobaan is the right place Team : Nishant Soni, IITG Computer Science, Trilogy Software, Drishti-soft ( another startup ), Cobaan Amitabha Bagchi, Assistant Professor, IITD CS Funding is in place Focus: Product Focus: High Impact, High Innovation, Research based Singular Focus: We don’t do services, not now and never will. Market: US Only, Size of opportunity is big. There is little reason to believe that Indian market can absorb innovation.

Team :

Nishant Soni, IITG Computer Science, Trilogy Software, Drishti-soft ( another startup ), Cobaan

Amitabha Bagchi, Assistant Professor, IITD CS

Funding is in place

Focus:

Product Focus: High Impact, High Innovation, Research based

Singular Focus: We don’t do services, not now and never will.

Market:

US Only, Size of opportunity is big.

There is little reason to believe that Indian market can absorb innovation.

It is the right time to join cobaan. Co-founder Risk Reward High Risk High Reward Post-Angel Pre-Seed Post-Seed You are here ! Low Risk, Highest Reward Monetary Risk