On Startups And VCs -- Exits: On the first day, one VC said that many Indian startups are really don't help the VCs who've given them money - once the VCs start talking to startups about an exit for the VCs, they act as if they're being betrayed and tell them to figure out how to get the exit. -- Motivation: The most significant challenge for Venture Capitalists right now is in keeping entrepreneurs and startup employees. At the same time, VCs feel there's a feeling that this is the perfect time to hire the riht people, and the suggestion for startups is - look at your team, and figure out whom you need to hire. -- Opportunity for entrepreneurs and companies that are adding value is still there. There's opportunity in transformation in India - in transforming schools and colleges, who are still very open to evolving. -- There needs to be a clear path to profitability, but we (VCs) really need a road to revenues. Need to build a base of loyal customers. -- Entrepreneurship is more about speed than perfection. If you can get the timing right, you can change the story. Diversify, Diversify, Diversify Deep Kalra, CEO of MakeMyTrip "IBM has a cut its travel spending by around 75 percent - all executives below the CEO are going to travel Coach. AOL has cut all travel for a while. ICI, and Indian company, has cut all travel except sales related travel. So there's going to be…
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