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Bala Kamallakharan
Lived in Houston, Texas
176 followers|30,956 views
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176 people
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Investor, Entrepreneur, CEO
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Gender
Male
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Run Forest Run...
Introduction

Entrepreneur, Investor, VC – Value Creator, 7 Marathons, 1 Icelandic Financial Collapse, Principle Centered and working hard to do the Right thing everyday. Thing changes not the Right principle. Believes that there are 7 things that will destroy anyone

  1. Wealth without Work
  2. Pleasure without Conscience
  3. Knowledge without Character
  4. Commerce without Morality
  5. Science without Humanity
  6. Worship without Sacrifice
  7. Politics without Principles
Bragging rights
Completed 7 marathons, 1 Icelandic financial collapse and still standing
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Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Previously
Houston, Texas - Reykjavik, Iceland - Mumbai, India - Chennai, India - Pune, India - New Delhi, india - Baton Rouge, Louisiana

Stream

 
I have written a lot about the lack of venture funding in Iceland for Startups, here is my argument through the new news site focused on the Nordic Market. What do you think? Do you agree? disagree? all feedback is welcome.
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Bala Kamallakharan

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Building companies is a really hard job, raising money is even harder and my advice has always been don't raise money if you can build a company that you own 100% and you control your destiny. Too many times I see investors destroy value in a company because things are not going as they envisioned it to be... the classic error decision of firing Steve Jobs from Apple comes to mind. The Board of Directors and Investors are "feeders", they should focus on how to help the founders of the companies really Win. http://blog.startupiceland.com/2014/03/17/investor-founders-and-the-journey-of-building-companies/
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Bala Kamallakharan
owner

Discussion  - 
 
A wise man once told me "the future is unpredictable so I don't try to predict it", but our brains makes us believe that we can and it is quite skilled at doing that on our day to day activities. Padmasree Warrior, the CTO of Cisco thinks that innovation in Internet of Things will help us ride the economic malaise... she is much smarter than I will ever be so I think I will agree to her prediction :) http://blog.startupiceland.com/2013/04/12/overestimate-3-years-and-underestimate-10-years/
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Have him in circles
176 people
Kjartan Sverrisson's profile photo
Ram Palaniappan's profile photo
Magnús Bergur Magnússon's profile photo
Arni Rafnsson's profile photo
 
"As founding CEO, I remember being excited to meet our financial backers and to talk about how we could partner to build a great company. The conversation took a sharp downhill turn when one of the senior partners, David Beirne, asked me, in front of my cofounders, When are you going to get a real CEO?" - Ben Horowitz, The Hard Things about Hard Things

This is not uncommon for startup founders to struggle with the role of CEO. What successful venture firms do is identify the inflection points and founders weakness and try to supplement them with strengths. http://blog.startupiceland.com/2014/03/24/two-key-deficits-of-the-founder-ceo/
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Bala Kamallakharan

Shared publicly  - 
 
Building companies is a really hard job, raising money is even harder and my advice has always been don't raise money if you can build a company that you own 100% and you control your destiny. Too many times I see investors destroy value in a company because things are not going as they envisioned it to be... the classic error decision of firing Steve Jobs from Apple comes to mind. The Board of Directors and Investors are "feeders", they should focus on how to help the founders of the companies really Win. http://blog.startupiceland.com/2014/03/17/investor-founders-and-the-journey-of-building-companies/
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Building bridges from Iceland to other Startup communities is a big mission and I am glad to say that with Icelandair flying to Edmonton, we have just created another bridge for Entrepreneurs and Startups from Iceland to get connected to the Startup Community in Edmonton. The mission, vision and activities in Edmonton are very similar to that of Startup Iceland, I am excited to see how this connection is going to help entrepreneurs on both communities to connect, collaborate and build things of value for the global community. http://blog.startupiceland.com/2014/03/11/startup-edmonton/
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Bala Kamallakharan
owner

Discussion  - 
 
There is a sea change in how we learn... are you seeing the disruption? Do you want to be a VC learn from those who are doing it now, you want to be a Chef you learn that too... you want to be an Entrepreneur, well, you get the drift http://blog.startupiceland.com/2013/04/24/disruption-in-how-we-learn/
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Bala Kamallakharan

Shared publicly  - 
 
A wise man once told me "the future is unpredictable so I don't try to predict it", but our brains makes us believe that we can and it is quite skilled at doing that on our day to day activities. Padmasree Warrior, the CTO of Cisco thinks that innovation in Internet of Things will help us ride the economic malaise... she is much smarter than I will ever be so I think I will agree to her prediction :) http://blog.startupiceland.com/2013/04/12/overestimate-3-years-and-underestimate-10-years/
1
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