Ram Shriram And Ramen Noodles
Sun, 11/12/2006 - 05:29 — Sahad P VThis is the age of entrepreneurs who retrofit their businessplans and funding requirement based on a VC's minimum investment amount. Very few are looking at building businesses with minimum capital even though it can be done. Maybe VCs are not looking at capital efficient businesses.
So Ram Shriram, one of the earliest investors in Google, had this to say at the ongoing Web 2.0 Summit in the US:
“I’d rather see start-ups scrappy and frugal and on a diet of Ramen noodles.”
According to him, one is not going to get YouTube kind of exits always. So it's important to be frugal from the beginning.
(Via VentureBeat)
