The InformationWeek -- Blogs
Startup City Blog

Topics:   Startup City

  • Email this page E-mail this page
  • Print this page Print this page
  • Bookmark and Share
  • icon

Report From India: Warning-- A Startup Job Could Be Hazardous To Your Marriage Prospects


Posted by Chris Murphy, Feb 19, 2008 10:28 AM

When Siva Prasad Cotipalli quit a plum marketing job with Oracle in India to found a startup, his mother didn't worry about his business plan. "She's worried if I'll get married," says Cotipalli, whose company, Dhanax, is a two-person, Internet-based microlending startup that I visited today in Bangalore. Startups sound cool, but in India would-be in-laws prefer to see Infosys or IBM on the business card.


Cotipalli's story says much about the entrepreneurial environment for software in India, where it's only just beginning to be considered a reasonable career move to jump to a startup, with their lower salaries along with the hope of a stock option payday.

Cotipalli and his colleague, Prashant Mishra, are building Dhanka out of a passion for how microlending could help India's rural farmers and small business people, and because they see a huge business opportunity in an underserved market. I'll have more details on the company in a follow-up post.

But in a country where company salaries can easily surge 15% or more a year, and where this isn't a long history of people cashing in through stock options, startup recruiting's tough. Most marriages are arranged in India, so parents' opinions about employment matter a lot. "There's a lot of social pressure," says Cotipalli, to work for a name brand company.

Manav Garg has seen the same bias against working for startups, though it's steadily getting better for his Bangalore company, which I also stopped by today. Garg founded EKA in 2001, and he now has 95 employees behind EKA's enterprise software to facilitate buying and managing agricultural and metal commodities. But he, too, has seen the marriage question factor in. "There was one guy who was having the problem of just not getting married," says Garg, "So he left, joined IBM, and got married in a year."

« Windows Server 2008 Is SP1... Huh? | Main | Sprint Bows Another World-Roaming Smartphone »



Sign Up Now
For InformationWeek News Alerts




This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.




 
Startup City Video

 

  1. Visual Studio 2010 Multi-Monitor Support Helps Debugging Parallel Code
  2. Sequential Programming: Like Eating Peas with a Straw.
  3. Biomolecular device using self-assembled DNA nanostructures?


Join The InformationWeek Group On LinkedIn


                           


  1. More Reasons Why Linux Misses The Desktop
  2. Too Much Netbook For Too Litl?
  3. Motorola Explains Why Droid Doesn't Have Multi-Touch
  4. Sprint And T-Mobile Headed The Wrong Direction


  1. Apple Releases Snow Leopard Security Patch
  2. 9 In 10 Web Apps Have Serious Flaws
  3. Agency For International Development Outsources To CSC
  4. Health IT Career Tips
  5. RIM, Adobe Team For BlackBerry Development
  6. Hadoop Crunches Web-Sized Data

 

  Demo
Foundry Group
Hummer Winblad
Keene View
KillerStartups
OnStartups
Paul Graham
Pmarca
  SandHill.com
Silicon Alley Insider
Startup Camp
StartupSquad
TechCrunch
VentureBeat
Venture Hacks
Y Combinator

  DECEMBER 2008
NOVEMBER 2008
OCTOBER 2008
SEPTEMBER 2008
AUGUST 2008
JULY 2008
JUNE 2008
MAY 2008
  APRIL 2008
MARCH 2008
FEBRUARY 2008
JANUARY 2008
DECEMBER 2007
NOVEMBER 2007
OCTOBER 2007
SEPTEMBER 2007