Ron Conway - The man with the Golden Touch. It was so wonderful reading this
article on Ron Conway. An angel, who knows support at the right time, no matter how minuscule, means a lot. He has invested in 500 startups - including Google, Twitter & Facebook. 500 is no joke which means he has at least spoken to 5000 odd startups assuming a high 10%
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There are few big funds who are actively investing like sequoia, IDG (shouldn't be counting accel - erasmic here) etc. They have lesser reservations about talking to startups/mid sized firms which have founders who have visibility in the US investment network or proven track records.
The latter case of investing specifically into "online" startups for indian market is characteristic more for a local fund.
My focus of the post is mostly about angels in India who have have been entrepreneurs themselves and visionaries.
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Or are you saying that there is no support group? Cause maybe some entrepreneurs realise the need for a support and network only after they have started up and then the time and effort required for effective networking might not be there.
What do you think? We at SutraLite are being supported by the Morpheus Group, you must have heard of them... what do you think of it is a venture to increase the support for startups in India.
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