Finally after months of application form lying around my email. I have finally signed up for TiE today. From the minute i signed up its already started to derive me benefit. As soon as i got into the office digbijoy was kind enough to get me feedback on business plan i had submitted for TiE – Cannan Challenge. Though it didnt make it to final 11 the business model got good feedback and with little tweaking around it should be good to go. The whole idea of joining organization like TiE is to draw valuable feedback from industry leaders and people who have going through the process of sucessful business building.
Though another thing came out of it was VC’s are looking to fund businesses which have potential to became huge elephants, going back to micro-credit….as in india there doesnt exist enviornment for micro credit service to IT enterprises. The VC ecosystem still needs time to become mature enough for people to take right advantage.
TiE is my first step towards restructuring of our organization style to foster the innovation product lab enviornment we wish to achieve.