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1) How do Startups in India compare to the startups in silicon valley /Palo Alto ? Ans.

Startups in India can be compared with startups in Silicon Valley on following points: a) Unlike Silicon Valley which produces thousands of startups , India produces very few. This is due to the education system and government policies like unemployment allowance which gives young entrepreneurs a chance to try out their ideas but in India no such cushion is provided for the people interested. So the stakes are high.

b) Startup ecosystem in the Silicon Valley has evolved over the last 25 years and today the ecosystem is very evolved with colleges, angels and VC investors, entrepreneurs, employees etc all working in synchronization. The Indian Startup Ecosystem is still in its nascent stage.The opportunities much more and the process is easy as compared to Indian scenario. c) Silicon Valley Startups are very aggressive in their marketing and articulation of their

presentation and overall packaging of the company and themselves. Indian entrepreneurs are generally very shy not very good with media and public interactions. Very data intensive with less emphasis on presentation.

2) What is the significance of mentors for a startup? Mentors are very significant for a startup. They are generally the industry experts and guide the people in the nascent stages. Their experience is the most important asset a startup can show on its balance sheet. A mentor reduces the mistake and enhances the strength of the startup. Also having a good mentor helps in getting funds. The investor also considers the profile of the mentor during the funding process.

3)What are the fundamental differences between an established organisation and a startup? The fundamental differences between an established organisation and a startup are: a) Financial funding and investment is difficult in startups whereas in established organisations problem of funding is not there b) Establsihed organisations are more process oriented but startups are more innovation oriented c) Established organisations are don’t give mush room for creativity and freedom to take your own decisions. Also the hierarchy is strong. Whereas in startups lot of room forcreativity and freedom. d) The risk taking ability of established organisations is less as compared to startups So one can say that startup is high risk high return investment whereas established organisations are stable and steady growth

4) Why should HBS Angels consider hiring you as an intern ?Why have you chosen HBS Angels for your internship? If one were to ask my friends to describe me they would describe me as a very pleasant. At HBS angels I’ll get a chance to interact with some of the knowledgeable and have international and national experience people in field of finance. active and intelligent person. As HBS angels is still in the nascent stages so there is lot of opportunity for creativity and entrepreneurship which aligns with my interests and strengths. diverse. It is this challenging environment to which I intend to contribute by evolving meaningful and optimal solutions to various problems of finance. I think one of my most distinguishing characteristics is the diversity of experiences I possess. instruments and methodologies in the field of financial management. I am a person with technical aptitude and an interest in management. I am a Engg student with a family background in Medical Science. . The movement towards a global economy and unprecedented explosion of free trade and exchange worldwide has brought about immense opportunities to develop newer tools. And the exposure and experience will be unique and would be very enriching.