4 ms·
Zoho is my goto example for bootstrapping and Mr. Sridhar Vembu's quote about it when it comes to Indian startup ecosystem. >Go outside your home and see the c
by Abishek_Muthian 7y ago
Zoho is my goto example for bootstrapping and Mr. Sridhar Vembu's quote about it when it comes to Indian startup ecosystem.
>Go outside your home and see the coconut vendor or the chaiwala(tea seller). They are bootstrapped. - Sridhar Vembu[1]
This is true for a developing startup ecosystem like India, where startups have been treated just like any other Business and Valley philosophies need not necessarily apply.
>Madras-based start-ups
At the same time, I refrain from quoting Zoho as the rule-book for Indian startups as starting AdventNet(Zoho's original name) in California by a Princeton Alumni accelerated it to become what it is now and I don't want misrepresent facts by telling Zoho as 'Slum dog millionaire' story(Not directly relating to your statement).
Zoho has re-established itself as an Indian company after the IT Boom and as an Indian Startup in the ongoing Startup boom.
>unique recruitment strategy: They educate and train small-town teenagers, who typically cannot afford higher education, at Zoho University,
It's truly unique. But it wasn't completely altruistic(it needn't be) because, recruitment in India is done on the basis of degrees and in the early days; those graduated from the Zoho university(not real univ) without proper degree were bound to work there and so extremely low attrition.
[1]https://inc42.com/buzz/bootstrapping-for-21-years-worked-for-zoho-sridhar-vembu-tells-how-to-make-it-work-for-you/ https://inc42.com/buzz/bootstrapping-for-21-years-worked-for...
P.S. Your archive of HN threads and users (from your profile) is very impressive. Do you have any tools in place to store and monitor them?
- ignoramous 7y agoThanks. I wish I could tell there was a sophisticated workflow behind it all... but it simply involves a lot of rote, time spent searching and reading. > Your archive of HN threads Thread discovery is usually through https://hn.algolia.com https://hn.algolia.com, recalling from memory, looking at a user's past submissions and comments, and bookmarks; in that order. > (from your profile) I tend to research a lot on tech I am interested in by looking at comments on news.yc (hn.algolia is pretty good for this), and it isn't long before I find the same set of users expertly discussing things on the said tech. I, then, note those users down in my profile [0]. [0] https://news.ycombinator.com/item?id=19556720 https://news.ycombinator.com/item?id=19556720