Off-Topic: RIP, ESOPs. Thank you, Redbus.
Livemint has an inside story on the sale of Redbus. The development is very sad for the startup ecosystem – because Redbus, at the time of exit, did not let its ESOP owning employees make money....
View ArticleRBI: No “Cheating” Two Factor Auth. Clamps Down on Uber and Others.
RBI has, in a notification, banned companies like Uber (the taxi service) from charging Indian customers through US gateways and circumventing two factor authentication. What the Heck is Going On?...
View ArticleJama-Kharchi and the Conversion of Black to White
For the uninitiated among us (and I am one) it seems there’s this concept called “Jama Kharchi”, which is about converting black money to white. Jama-kharchi , of “accomodating entry” companies which...
View ArticleWhat to Make of the Richly Funded Taxi Services, Uber and Ola
Uber’s spending $400m in India. Ola just raised $320m. (Each of those, if you’ve been reading Capital Mind, is greater than all the IPOs in 2014 in India, put together) This money will go to something,...
View ArticleHousing.Com CEO Startup Soap Opera Continues as CEO Quits With Dramatic...
Housing.com seems to have yet another drama, with it’s CEO Rahul Yadav quitting abruptly. The company is the India TV of the startup world, going brash and batshit insane on anyone that dare criticize...
View ArticleReads: How IndiaPlaza Went Down and Out
A great read by Ashish Mishra, on the failure of an Indian e-commerce firm, perhaps the first big one, Indiaplaza. Starting 2013, the Indiaplaza story went further downhill. One miserable day. After...
View ArticleThe Economics of Using Uber in India, For Drivers, Passengers and the Company
I’ve been taking a lot of Ubers and Olas to work. More Uber than Ola [1], and I get phenomenal conversations because I can speak in Kannada, which is apparently a rare thing in Bangalore, looking at...
View ArticleCounter Arguments On Uber Economics: What About The Cost of Owning a Car, And...
In my last post on Uber, I spoke of Economics and we’ve had some extremely good arguments countering some of the economics. I’m always malleable, so if there’s a solid argument stating a case against...
View ArticleThe Startup Sops Decoded: Startup Definition Is A Barrier, Tax Benefits...
The Government has decided to encourage startups through a number of changes they have outlined in an action plan that will help early stage companies do better. Why Startups? For one, they are a big...
View ArticlePodcast #23: How India’s amazing new financial infrastructure will enable...
‘Banking and financial services 1.0 was you having to go to the bank. Banking 2.0 was essentially the bank came to your phone but you had to go to the banks application. We believe that banking and...
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