Startup strategies for handling the economic downturn
October 11, 2008
The slide deck below from Sequoia Capital is some solid advice about dealing with the entire economic crisis and recession from a startup standpoint. If you are an entrepreneur in any part of the world, I am sure there’s something useful for you in this deck.
In fact, the slides below give a good synopsis of the entire problem in the US and global markets and the effects which they have had on the global economy and how startups need to deal with new challenges and realities. I especially like slides 46-55, which are strategies which startups can adopt to get past the tough times.
What do you think ? If you run your own startup, what’s your strategy in dealing with the tough times ?
Security vs. Usability
September 23, 2008
I have been using my ICICI bank credit card for over thryears now. I encountered this weird error this morning while paying my bills on visabillpay. (Click image for a larger view)
Alright let me set context.
This is a page which ICICI bank brought up while doing a credit card transaction on Visabillpay. This page asks me to register my credit card online with ICICI bank using a Internet banking pin number.
So I have seen this page multiple times on this site but always opted out as I don’t have my interent banking pin number. So today I did the same thing and opted out of registration by clicking on the “No, thanks Don’t activate my card now” link, but this is the message I got.
“You have exceeded the number of opt-outs for this card. If you decide to opt-out even now then bank will decline your transaction.”
I was astounded. I had no clue of what was happening. The bank never told me that I had a fixed number of opt-outs from registration. Now I can’t pay my electricity and water bills.
Here’s how this scenario could have been handled using better product design
- ICICI bank should have told users the number of opt-outs they have. This could have been in the form of a counter which is very prominent on every registration request screen.
- Educating the user about the advantages of registering their credit card. In fact ICICI bank is mandating this for higher security and to prevent online credit card fraud. Educate your users by telling them the benefits of doing a particular action and then lead them to this action.
- Forgive your users which they don’t do something that’s needed, after all they are users!
- Send users warning alerts as their opt-outs are nearing to zero. ICICI bank has my email address and my mobile number.
- Get customer care to call users.
Forgive, educate and lead to action – simple but powerful.
What do you think ? What you faced this issue ?
To new beginnings!
July 22, 2008
As most of you know, I have finally taken the plunge and decided to join a startup. I will be starting from Monday, 21st July 08 as a Product manager with a stealth mode startup based out of Bangalore.
I am really looking forward to this new gig and am sure that the startup experience is going to be one roller coaster ride with many twists and turns. Above all, I think that it will be a great learning experience for me and can add a lot of value to my career.This somehow seemed to be the perfect time to juggle things up in life and I got a great opportunity.
We have a small team of around 10 people and I am really looking forward to interacting with each of them and for some great times ahead. I will of course miss all the folks from ADITI and the fun we’ve had together.
So here’s to new beginnings, Cheers!





Look at these insights from a very comprehensive research study by 
