Posts Tagged ‘Goal of vcSyndicate’

Goal of vcSyndicate

Tuesday, March 18th, 2008

There is a deep sense of pessimism in the air, with most of the markets down on fears of recession and a few others impacted by the market outwitters - the biggies who pump in capital to inflate a few bubbles of hope, as a bait to the brave and then snap out the funds to further augment the irrational and ever changing logic of the cautious brokerage houses and I-bankers. Considering these interesting dynamics, the launch of vcSyndicate at this juncture may not seem prudent. After all, to the watcher by, vcSyndicate is just-another-dot-com founded by a no-namer in the industry in one of those bouts of enthusiasm, which almost everyone gets - in which one thinks that one is the best of god’s own creation and smartly plans to conquer the world.   Well, I felt it is time for me to clearly state the goal behind the idea, a seeming reason to a possibly irrational move. My vision for now is to establish a HNI savings pool to support high potential ventures in seed and expansion stages. My goal is not to monetise on the petty sums received from the cuts on transactions conducted on the website. With growing prosperity in emerging economies, there is a greater drive to leverage the exposure and move into a the role of a leader. I want to tap such resource pools to support new ventures. A collective development through a symbiotic relationship in a globally integrated economy is the only means to sustain prosperity. Individuals perish, teams succeed. I want to build a team of investors to see opportunity in teams built by entrepreneurs. Hope your cooperation in converting the above vision into reality in the near future.  Feel free to comment.