Experts are not always right!
October 30, 2008 – 12:25 pm
I just read on Silicon India that KV Rao, founder Zuora a provider of billing software for Web-enabled, subscription-based businesses, has raised $15 million in series B financing.
Faayda.com started as a online invoicing solution offering subscription based service but due to the lack of funding, I had to think of new concept. The first VC i had met was Mr. Alok Mittal the Managing Director of Cannan Partners (India). This so called industry expert had told me that my idea does not hold water and that I should think of something else to do. I sometimes wonder why people with no vision become experts in an industry which requires lot of creativity. I hope he reads the article on Zuora!
Anyways, faayda.com is doing absolutely great. We are gaining strength as a Job Search Engine and are coming up with various new things to get in the lead. 