SeedToScale | Curated by Accel

Anand Daniel, SEED TO SCALE Podcast Series
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May 25, 2018 • 43min

INSIGHTS #6: Market Opportunities — The TaxiForSure Case Study

Every entrepreneur has gone through the dilemma of quitting a well paying, full-time job and starting up. It is not as easy as it sounds and requires much thought before taking the plunge. In this episode we chat with Raghu, co-founder of TaxiForSure on his journey with TaxiForSure and particularly the early days and how they went about evaluating the market opportunity. Some Advice For Entrepreneurs As a successful entrepreneur, who exited his business successfully and now an active Angel investor, Raghu has a few tips for first time founders: Be Close to the Market: Talk to as many people as possible in the market (actual supply, demand, etc.) to really understand the market Don’t hire from the industry: Especially if you are trying to disrupt an industry using technology, avoid hiring from the industry (since they might be stuck to the ideas of the incumbent) Focus is key: Focus on one core problem at the seed stage. During Series A stage, focus on scaling to multiple markets. Only post Series B, when you have established yourself as a brand in the core space, do you look for adjacencies. Let it Go: As entrepreneurs, one of the most important things is the hard and tough call of letting go of certain people. However, these are the calls they have to take, primarily if it is affecting the business. Another aspect of letting go, is letting go of certain responsibilities to more capable people who you can hire in — the specialists. He added, “You have to become the jockey, not the horse.” Ability to say no: Learning to say no as an entrepreneur is very key — to employees, to investors, to the Board — are all critical and figuring out what things to say “No” to is essential for the success of a startup
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May 11, 2018 • 36min

INSIGHTS #5 Markets Opportunities — Evaluate Wise & Execute Nice

Every entrepreneur understands the importance of market evaluation, but not every market is the same and the ever changing dynamics adds to the entrepreneur’s dilemma. Prashanth Prakash, Founding Partner at Accel tell you how to ace the market evaluation, in this podcast with Anand Daniel. Ideas don’t build a company but converting them to something tangible does. The first step towards this is understanding the market potential of your idea. Every startup knows the importance of market research towards making the product/service successful. But the way you evaluate the market is crucial. If an entrepreneur doesn’t know his market in terms of size, demographics, and the customer’s needs, then it will be difficult for his/her venture to sustain long-term. Also, market evaluation is one of the key factors for any venture capitalist to consider the potential of a startup. Not all markets are created equal, and what works in one geography doesn’t necessarily mean it would work in another. Especially when it comes to Indian markets, the dynamics are different in comparison to global markets. Prashanth Prakash is one of the founding partners in Accel, who has been investing in ventures like BookMyShow, QuickSilver, RentoMojo, and CleverTab since 2004. In this podcast series, he talks about evaluating markets from an investor as well an entrepreneur’s perspective, especially for the tech sector.
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Apr 27, 2018 • 29min

INSIGHTS #4 Swiggy’s Harsha explains how to be an equitable CEO. (Part 2)

In this second part of the podcast, Sriharsha Majety, founder and CEO of Swiggy speaks to Anand Daniel about the challenges of finding the right co-founders and the essential characteristics of a CEO.
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Apr 13, 2018 • 27min

INSIGHTS #3 Swiggy - Taking the Road Less Traveled

In this podcast, Sriharsha Majety, founder and CEO of Swiggy speaks to Anand Daniel, Partner at Accel on not finding the beginner's luck and yet becoming successful with his second venture, Swiggy
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Apr 2, 2018 • 49min

INSIGHTS #2: Building BlackBuck, an online marketplace for freight logistics

BlackBuck, a startup focussing on the Full Truck Load (FTL) segment and the B2B space, has been charting new territories for online freight aggregators. Now, a lot goes into getting a startup from its genesis to becoming a successful company. For founders, the journey of their hard work and initial struggle is more than a sense of accomplishment. BlackBuck’s story is no different. So, what led to the initial idea of driving into the fragmented logistics market in India? What were the challenges? How the team grew from 3 founders to over 1200 employees? Joining us is first-time entrepreneur and co-founder Rajesh Yabaji, who will trace his journey to the initial days of conceiving BlackBuck.
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Mar 16, 2018 • 33min

INSIGHTS #1: Key Ingredients for Startup Success

It takes much more than ideas and passion to build a successful startup. Shekhar Kirani, an entrepreneur turned venture capitalist and Partner at Accel, shares his insights on how to build a successful startup by mixing the right ingredients like having great founders, critical skill sets, right team size, amongst others. The Podcast is hosted by Anand Daniel, Partner at Accel

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