Spent a couple of days last week at the Charles River Ventures conference. (CRV is the lead investor in Gridstone). The attraction of the conference to me was to meet other entrepreneurs and to meet a great roster of speakers. As it turned out, the former objective wasn’t quite fulfilled, for good reason. But the speakers made the trip more than worthwhile.
Category Archives: Uncategorized
The H1-B visa program needs a revamp
This year the INS received 150,000 H1-B visa applications for the coming year starting in October, on the first day that it started accepting applications – for a total of 65,000 visas! An article in the New York Times takes a look at the issues surrounding this. A table from the same article reproduced below gives you the breakup of the visas requested by company. Indian IT Services companies are the only companies at the top of the list.
The difference between KBC and a lottery
The Napsterization of Sell-Side Research
Cross-posted on the Gridstone Blog.
Candace Browning, Head of Research at Merrill Lynch posted an open letter last week that talked about the “Napsterization” of sell-side research, justifying why Merrill Lynch would have to take control of the distribution of their research.
Offshore Backlash Redux
It’s back. With the Democrats in Congress and soon perhaps in the Whitehouse and an economy that most think will turn sour soon, it is almost the perfect storm. Trade in services, fondly called “offshoring” is back on the front pages and it bodes ill for global business.
More IT Services Bashing
Sujai Karampuri in Need Product Companies for India’s Growth makes an unconvincing case for encouraging the high tech industry in India. On the way he quotes data on the IT Services industry to prove his point that
Users in India should have opt-in rights
Last year I posted on “Indian websites haven’t earned my trust“. What had annoyed me enough to write that piece was moneycontrol.com. Once it got hold of my email, it started sending me an email a day with an inane “Sensex was down 89 points, your networth?” Unsubscribing hasn’t worked so far. Eventually, I relegated it to “spam” in my email client where it finds company with all the Viagra and penny stock spam. I wonder what they’ve done with my email though. Probably sold it half a dozen times already, along with those of a thousand other unsuspecting subscribers.
Another Ladoo for my Ladla
This trip, for some reason, I have been noticing a lot more obesity in India. From the just overweight to the can’t-get-out-of-their-airline-seat-themselves obese. Sedentary lifestyles have something to do with this, of course, but I sense that there is another major factor at work here – an Indian mother’s love.
Mumbai Taxis
I am in India on a 2 week trip.
On the ride from the airport to Malad, I get to understand why the Mumbai taxis are the way they are, from my driver. For those of us who have had their bones rattled in a Mumbai taxi, this will tell you why. It won’t hurt less when your head bangs into the roof of the cab, but at least you can nod wisely because you know who to blame.
Open Letter to the Bollywood Music Industry
Dear Mr./Ms. Music Executive,
First of all, let me compliment you on your pricing strategy so far. You have aced the test on how to price information products. Information products like music are tricky – the content is all in digital form, the fixed costs are high and marginal costs approach zero. How do you price such a thing?
Your current strategy seems to be working well. You have segmented the market according to the listeners’ ability to pay. To each segment you offer a different product (or sometimes the same product) at vastly different prices. I checked prices at different places for the same album – Don. Here’s what I found:
6 am pacific 