My name is Kris Nair and I'm an entrepreneur turned venture capitalist turned business-designer.
My work moves around the intersection of technology, design, architecture, venture capital, psychology, economics and applied physics. I work with startups and large corporations on business design and future design.
In my work, it starts with ideas. It starts with design. It starts with writing. It starts with strategy.
In my work, It starts with getting started.
Underdogs are not popular because we are underdogs. Underdogs have to fight for everything. Underdogs have to fight to be heard, to be seen, to be respected. Of course we don’t want to think that we’re them. We want to think we’re winners, that we sit at the special table (you can’t sit with us), that we’re better than everyone else, but what are you winning? What did you win? Shit, what are you even playing, dog?
The very first company I started failed with a great bang. The second one failed a little bit less, but still failed. The third one, you know, proper failed, but it was kind of okay. I recovered quickly. Number four almost didn’t fail. It still didn’t really feel great, but it did okay. Number five was PayPal.

Max Levchin, former CTO of PayPal

Underdogs Season 2

The ideal founding team is two individuals, with a history of working together, of similar age and financial standing, with mutual respect. One is good at building products and the other is good at selling them. 
- Naval Ravikant

The ideal founding team is two individuals, with a history of working together, of similar age and financial standing, with mutual respect. One is good at building products and the other is good at selling them. 

- Naval Ravikant

(Source: startupquote)

There aint no balm like naked truth
Dont sing no psalm, you being rude

Nothing pure, go charm that funder
No pressure, dont make no blunder

Yo founder, dont fake that heat
Dude, you gotta pound yore feet

From Marin to South Bay to Battery
You gotta hustle, indulge in flattery

You came this far, no turning back
Your kickass team copped that flak

Now shun that sleep, burn that flame,
If you fail, you got nobody else to blame.

Unicorn (decacorn) Club and the power of Pro Rata rights

Unicorn (decacorn) Club and the power of Pro Rata rights

Founders aren’t born but made, first by the hurt the world gives them and then by their lifelong fight to forge that hurt into something beautiful and strong.
On demand economy
I’m spending some time learning & researching the on-demand opportunity in the Indian consumer web space. Ola Cabs started the movement and Uber took it to the next level (here and globally - FYI, Ola Came first) 
What are the other opportunities for on-demand services you are seeing in India? 
Here is some Mobile only/first companies from our neighborhood: 
TinyOwl: Food Ordering (venture backed)
?
US is leading the VC action in the on-demand services space: 

As on-demand businesses solve for the current technological and logistical challenges, design will increasingly become one of the most meaningful forms of competitive advantage. Creating a memorable, frictionless user interface is the next battleground for addressing consumers’ insatiable appetite for greater simplicity and convenience. Scott Belsky points out, 

“A new cohort of design-driven companies are adding a layer of convenience between us and the underlying services and utilities that improve our lives. This could change everything.”

The On-Demand Economy is here to stay. It will represent the fastest and most significant shift in spending since the advent of internet commerce. Bezos claims “it’s still Day 1” for eCommerce — and the on-demand economy represents the most sophisticated application of “eCommerce” seen to date. (Business Insider) 

This new industry, and its ability to satisfy consumers increasing demand for simplicity, efficiency, and convenience is novel today. Tomorrow, it will be the expectation. Mobile technology, the remote controls we use to navigate our daily lives, are transaction engines that never leave our pocket. Never before have consumers had this simple of a way to transact — and never before have businesses been equipped to satisfy this mounting demand.

On demand economy

I’m spending some time learning & researching the on-demand opportunity in the Indian consumer web space. Ola Cabs started the movement and Uber took it to the next level (here and globally - FYI, Ola Came first) 

What are the other opportunities for on-demand services you are seeing in India? 

Here is some Mobile only/first companies from our neighborhood: 

  • TinyOwl: Food Ordering (venture backed)
  • ?

US is leading the VC action in the on-demand services space: 

As on-demand businesses solve for the current technological and logistical challenges, design will increasingly become one of the most meaningful forms of competitive advantage. Creating a memorable, frictionless user interface is the next battleground for addressing consumers’ insatiable appetite for greater simplicity and convenience. Scott Belsky points out,

“A new cohort of design-driven companies are adding a layer of convenience between us and the underlying services and utilities that improve our lives. This could change everything.”

The On-Demand Economy is here to stay. It will represent the fastest and most significant shift in spending since the advent of internet commerce. Bezos claims “it’s still Day 1” for eCommerce — and the on-demand economy represents the most sophisticated application of “eCommerce” seen to date. (Business Insider

This new industry, and its ability to satisfy consumers increasing demand for simplicity, efficiency, and convenience is novel today. Tomorrow, it will be the expectation. Mobile technology, the remote controls we use to navigate our daily lives, are transaction engines that never leave our pocket. Never before have consumers had this simple of a way to transact — and never before have businesses been equipped to satisfy this mounting demand.

The internet makes human desires more easily attainable. In other words, it offers convenience. Convenience on the internet is basically achieved by two things: speed, and cognitive ease. If you study what the really big things on the internet are, you realize they are masters at making things fast and not making people think.

— Ev Williams

Sequoia Capital India has an image problem, and why outbound programs of Indian VCs usually suck

I’m sure most of you saw this Secret thread on the most visible seed+growth venture capital fund, backed companies like (you all know the list)

One investment professional responsible for the seed program of Sequoia India was the key target of this Secret conversation, and it was all ugly. 

First things first: THIS IS A FUCKING PR NIGHTMARE for any fund. 

Some Sequoia backed entrepreneurs joined the thread & tried to firefight the scenario, and got trolled by a dozen people who claimed to met this professional in question.

I don’t know much about the truth in this case, but I had long conversations with some of the portfolio entrepreneurs (past/current) of the Fund, and this is not good for the fund, firm, and the ecosystem. 

We are going through tough times in the ecosystem, where most Series Seed/A funds exhausted their capital for fresh investments, and relatively difficult for entrepreneurs to raise capital in favorable terms. I hope the Bros. in the investment business shake things up and grow a pair and some empathy soon. 

You see, Plato once said “VCs are not in the investment business - they are in the co-creating business”. 

Plato is the best.

ALSO 229 COMMENTS? ARE YOU FUCKING KIDDING ME? 

image

Alright, off you go.