‘Plan E’ A BITSAA-SVC Entrepreneurship Initiative
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Transcript of ‘Plan E’ A BITSAA-SVC Entrepreneurship Initiative
‘Plan E’A BITSAA-SVC Entrepreneurship Initiative
Project Goals
Leverage the BITSAA network to create a forum for– Inspiring and training the next generation of
BITSian Entrepreneurs– Finding business partners, advisors and
investors– Tapping into BITSian talent – Providing investment opportunities
Project Overview
Kickoff 19th March 2006– Panel Discussion, “Power of the BITSAA network for the
BITSian Entrepreneur”
Next event – Week of April 15, 2006– Guest Speaker, Idea Pitching, Networking
Future events to include– Educational Talks– Idea Pitching and Networking Events– Business Plan Evaluations– Meet the VCs and potential advisors
How Is This Different?
The inherent BITSian bond
Power of the BITSAA network– Access to guidance from the 70+ BITSian Movers and
Shakers in Silicon valley– Potential access to guidance from the hundreds of
BITSian Movers and Shakers across the globe
Large pool of young BITSians – 1500+ BITSians in the Silicon Valley alone
Panel Discussion
Moderator: • Jayan Ramankutty (Class of ‘80)
Panelists:• Prem Jain (Class of ‘73)• Punita Pandey (Class of ‘84)• Vivek Paul (Class of ‘80)• Alagu Periyannan (Class of ‘89)• Raju Reddy (Class of ‘81)
What is Entrepreneurship
en· tre· pre· neur ( n tr-pr-nûr , -n r )n. – A person who organizes, operates, and assumes
the risk for a business venture
Identifies pain-points as opportunities Takes calculated risks and leads positively Passionate, Unconventional and OpenCreates jobs and reaps the rewards
The BITSAA Connection
Raju Reddy:– Was the BITS Alumni Network instrumental in
founding and growing Sierra Atlantic? • If so, please elaborate
Women Entrepreneurs
Ms. Punita Pandey– In your experience, is the business world still a
man’s world? If so how did you manage to navigate through those infested waters especially being a minority?
Building Ventures
Mr. Alagu Periyannan:– What made you start your new venture and how
did you go about building it?
The VC World
Mr. Vivek Paul:– Can you help upcoming entrepreneurs
understand the workings and expectations of a VC
Successful Exit Strategies
Mr. Prem Jain:– What would be your advice to the BITSians who
are targeting their ventures to be acquired by larger companies such as HP, Cisco etc?
Q & A