Bala KamallakharanpostedStartup Reykjavik Investor Day was a blast, I believe all the teams are investible... there I said it, what we really need to be doing in Iceland is writing $50k to $100k checks for each of these teams and see the magic happen. Read more for why I believe that picking winners is a fools game. http://startupiceland.com/2014/09/01/startup-reykjavik-investor-day-2014/
Bala KamallakharanpostedThe way we do online payments is being disrupted do you know who the players are? Bitcoins is not the only way this is going to happen, there are several very promising startups and technologies that are already making it easy to cheaper to do this. http://startupiceland.com/2014/08/28/swift-is-the-new-kodak/
Growing up, I never wrote. The first time I wrote anything of substance wasn’t until I was 22 years old. I was at a hotel in Costa Rica. My best friend in the world had passed away just a few months prior, and I took off on a backpacking trip trying to find something. What it was, I didn’t know, but I knew I had to go searching for it.
Bala KamallakharanpostedI have not written openly about my end game, here it is I want to END POVERTY in my lifetime. I believe it can be done and it starts with one startup community at a time. I have been experimenting and working on the building blocks in Iceland, my belief is that this model can be replicated everywhere. What do you think? http://startupiceland.com/2014/08/26/end-poverty/
Bala Kamallakharanposted#YouCanLearnAnything - even running a profitable hotel in Iceland. One would think that developing and running a hotel in Iceland should be great business, but if you talk to investors/bankers you will hear a sob story how hotels in iceland have to go bankrupt 3 times before they make any money. Makes me want to ask Really? Why? http://blog.startupiceland.com/2014/08/24/youcanlearnanything/
Bala KamallakharanpostedWhat tools and methods do you use to reconcile differences of opinion, disagreements and conflicts? Here is a good tool to enable you to do that. It is the guiding philosophy of Rotary International. http://blog.startupiceland.com/2014/08/22/the-4-way-test/
Bala KamallakharanpostedIn life everybody faces choices between doing what's popular, easy and wrong vs doing what's lonely, difficult and right. These decisions intensify when you run a company, because the consequences get magnified 1000 fold - Ben Horowitz
Why do you want to do a Startup anyway? http://blog.startupiceland.com/2014/08/21/why-do-you-want-to-do-a-startup/
We can transform glass in a real multi-touch experience using a rear projection holographic film and a multi-touch skin. We can recognize up to 20 finger touches to allow multiple people to interact together.
Bala KamallakharanpostedThe more I invest in startups, I see the true value apart from the team, it is usually the data, design and the network that is created by the startup. Growing fast is a function of metrics that track the above 3. If you are a startup and not focusing on the above 3 three then you may be in the wrong path. http://blog.startupiceland.com/2014/08/19/data-design-and-network-is-the-value-and-growth/
Bala KamallakharanpostedPeople problems are the leading causes of failure in startups. Listening to Founder's Dilemma a book by Noam Wasserman. What do you think? I can say based on my limited experience this is very much the case. http://blog.startupiceland.com/2014/08/18/founders-dilemma-a-book-review/
Remember all the times you had a crush on a girl but couldn’t do anything about it. Have you ever made things awkward with a girl you wanted? Remember trying to talk to her. Anxious for her attention but you had no idea what to do. Think about all the fantasies you’ve had about women ...