Below are photos from Nishchal's various talks that had moved and shaken some humans
and
ideas,
into
newer shapes and forms.
$2.5 million, by Berkus method of valuation. Follow this link to know why.
Non-negotiable, for if you are investing in us you already feel there is a
potential of billions of dollars in value creation. $2.5 million today is
1/1000th
of that value creation potential.
I know there are a lot of Sunny Kesarwani's out there, just like, we are all
the
same, but only in our absolute silence. The moment we start surfacing after
our
long silence, as individuals, we realize there is just one Sunny Kesarwani,
who
decided to say no to all opportunities where traction and team were a far
easier
find. I decided to chase a chat app instead, in spite of the world of
potential
colleagues that thought this won't work, because the world doesn't need
another
chat app. Let's understand that one of us out of millions of us can be
allowed
to break the rule of getting to an investor before traction, because he is
building a product that cannot come out as a MVP. Give me a minimum of
$200,000
absolutely
now and let me have my team full time. In three months we will build the
most
beautiful chat app in the world. Then give us the rest of money to launch it
to
the world.
There is no criteria for minimum value we may agree to, for, to have a good
man
as an investor, a man whose vibe I like, we may be willing to lower the
monetary
value of Chattodo.
In the short term:
1. 1 year - The next round of investment our value, and hence your
investment’s
value, will be doubled with just 1000 active users.
2. We can bring back to life the dying billion dollar products like
Evernote,
wunderlist (microsoft), alive if they acquire us.
3. We have our eyes set on exploring a multi-million dollar part buy-out by
Angelist.
Exit in the long-term for the investor - Whats App was acquired for $20
billion
in 6 years. This will be too. By who? Facebook. Why? Facebook wants to be
number
1 in work collaboration space too, which we will win.
Who doesn’t want to own an effective communication tool? Microsoft, Google,
LInkedIn to Indian - Airtel, Directi, zoho?
However, we desire to go the IPO way
Do read the description of this video in YouTube.
Why the standard question of traction may not be the most
appropriate question for a moonshot innovation in its nascent stage when
founders are seeking support from investors to continue their R&D
towards
launch?
For now, let's turn the lens on another kind of traction- which we have
already created- meaningful moments and activities noticed by users, media
and the tech community.
I often wonder if my life would be the same inspired life if I was chasing
traction instead of a chasing a world changing vision which did not fit the
bill for the rule of - build MVP - followed by traction, before I could
raise money. Please tell me how I would then change the world for the
better?
Start-up land is littered with failure.
Every hack on smart investing will preach that before approaching an
investor you must have dragged your feet over the thorns littered over that
holiest of grails- TRACTION. For after all what good is a business that does
not yield profits? Yet, if that critical question on TRACTION is duly asked
and answered before any investment, why the high rates of failure and a
subsequent celebration of failure as the norm in start-up land?
Could it be that the holy grail itself is flawed in a period where most of
our problems have been solved or are perceived to have been solved to an
acceptable degree beyond which improvements are not possible in a human,
hence imperfect world?
I say YES.
Most start-ups offer incremental changes, but what if you had a moon- shot
innovation for a problem the world has ceased to consider as one. Or a
problem considered solved?
Moonshots, by their very definition, need to be hurtled until something big
is identified. The innovation after that identification might take time, in
some cases, a very long time. (Would you not say that the problem you are
addressing is a blind spot- that the best in chatting-productivity has been
achieved and that is just the start of the moon shot you must make to
disrupt existing models of education?)
Read step 4 on www.preseed.in.
Imagine, if you were the only person with the vision that there was scope
for yet another chat app for people who were looking to be productive over
chats and the rest of the world did not agree with you.
Imagine if you did not know how to code, nor did you have the
time to learn how to code.
No big deal there. Watch what Sam Altman has to say about this:
Yes, you can’t code, don’t have the time to learn so you hire the best
to code for you. It must not surprise you that great people come at a
cost. Those great people may have had a life of their own before they
met a vision that I imparted to them and wished to be consumed by it but
for the mundane but real considerations of everyday living.
More so, one requires neat sums of money for the world will not accept a
MVP that challenges its collective blind spot.
So, my challenge is to manifest a never-before vision into a
finger-licking good looking product that elicits a collective gasp of
“why did we not see that earlier”, from the world.
(To those who repeat the trite Form Follows Function rule, let me quote
just one example- Snapchat, that turned that norm on its head. It was a
beautiful but tedious product to begin with. It bettered itself over
time)
Money, of course- now.
Traction, not just yet.
So, let's let Preseed run in the nomadic boundless 'hippie, no excel sheet,
no
slide deck, no running after investors, no giving or taking unnecessary
repetitive gyan. Let Preseed speak to partners and other vested interests
after
you, only through substantial results weighed only in millions of clear
dollars
and millions of users of our products. Until we reach there, we need your
understanding.
I want to learn revenue building with my advisors while working on
:
1. Getting my current remotely distributed team under one roof, towards
a
greater team efficiency through the motivation of consistent payment of
salaries. Most of the money required is to go into hiring the team full time
under one creativity inducing roof. Currently our team is not full time,
they
have a job, and all they ask is some investment in our company immediately
so
there is some job security they have in terms of salary and infrastructure
to do
good work.
2. Promotion of our app towards a strong proof of concept or market
validation.
3. UI improvements such that the app becomes self-explanatory.
4. Social media feed system development on our app. (It already works
on
the
current version but not to a point yet, that it can break the compulsive
feed
need habit of Facebook/LinkedIn etc. for productive people, however in 4
months
we will be able to achieve this for our active users).
5. iOS will be done to near perfection in these 4 months. Then we will
be
ready
for growth.
6. Investment from aligned investors with a track record in consumer
internet,
such that money be no bar from there on.
7. Product manager and marketing head from a similar successful global
company.
(I have been able to hire by inspiring so far. If I have money, I can
inspire
and manage the best talent in the world to join me. I can do this job
better
than any other job).
8. Equity transfers - 20% to tech team, 5% to design team , 10% to our
incubator
www.preseed.in , 3% to advisory team
mentioned here, rest to I. Then 20% as ESOP
and 10% to investor.
Once this is done my first step of marketing will be to go and pitch it to
the
best companies in Silicon Valley.
Preseeded.preseed.in is being
planned
and built for the future more than the present status quo.
Reading it will keep your awareness about us, all the way, to the future. We
will soo pitch Chattodo to employees of companies like Twitter, Google etc.
For this I will be speaking directly with two of my good friends - YC
Almunus,
Sachin, who had also serveed as a Product manager Twitter. When that time
comes.
That is our core focused marketing which I will do myself. Through them I
will
try to get it into the hands of the employees of those companies. I will
focus
on that. That is the kind of start I want from my own marketing time spent.
So I build the product and pitch it to employees of top companies. That will
be
the highest use case of Chattodo I want to focus on that. And just that. It
entails, building a great product, and then talking to great people about
it.
Also writing to best media blogs in the world about it. I want the start of
my
personal marketing effort to happen from there.
I will stick to what I am good at, writing, I will write a thorough article
about productivity and the future of roofless offices and distributed teams.
All
the way to how ideas can be built without capital and with Todoed and some
faith
in one another. This article would have the potential to be read by 1000s of
impactful early stage entrepreneurs.
Who is it for?
Definitely not for the faint-hearted. Apply here,
if you have it in you to one day co
build a profound product, because that is what is
in it for you. Any short of
extraordinaire, and you may not fit the bill.
Absolutely Great shit! More than anything, I got to benefit from what Nishchal had to tell about the Counter-Culture." "I would love to see Preseed getting involved in workshops of scale far larger than this.Also, Akshay was talking to me about a Preseed workshop at BITS Pilani. Lets take it forward!"
It will be a bonus if you are a good photographer.
So our products have our new partner, Puja. A print-online journalist and photographer with 15 plus years of reporting experience from across North India and London. Communication, documentation and qualitative monitoring consultant to international donor agencies, independent national/state Commissions and the Government in India and Nepal. CAREER SUMMARY written by her : Since April 2014: As an independent journalist, writing on politics and social justice, my work regularly appears in niche outlets such as the People’s Archives of Rural India, IndiaTogether.org, Grassroots, IANS, Women’s Feature Services, Scroll, Vidura and the Population Reference Bureau (USA). Sample projects undertaken as Consultant: November 2016-October 2017: Baseline and Endline Surveys of Voters Knowledge, Attitude, Practice and Behaviour for the Election Commission of India July 2017: Recommendations and Observations for Uttar Pradesh’s Department of Women and Child drawn from cross state trainings of DPOs by PLAN, India May 2017: Assessment and documentation of Most Significant Stories of Change from the Oxfam, Hong Kong supported project ‘Ensuring Violence Free Lives for Women in India’ in Bihar, Jharkhand and Odisha March 2017: Documentation of stories of change from Uttar Pradesh for a WASH project supported by WaterAid, India January-March 2017: Compilation of Uttar Pradesh’s SVEEP Plan for the Election Commission of India and management of the Chief Electoral Officer’s social media accounts. December 2016- February 2017: Process documentation of the UP-TSU supported pilot project on ‘Generating Demand for Modern Contraceptives through Women’s Groups’ in UP. September 2016: Situational Assessment of Nutrition services in the ICDS and Health programs in UP supported by the Bill and Melinda Gates Foundation March 2015- present: Education Consultant to Uttar Pradesh’s first State Commission for Protection of Child Rights March 2015: Evaluation of interventions in adolescent education supported by the Sir Dorabji TataTrust in UP July 2014: Mid-term review of the European Union supported project on “Strengthening the capacity of tribal organisations to influence policy and ensure implementation of rights-based legislation”, Uttarakhand May 2013: Successful development of a proposal on ensuring the right to quality education and other services for marginalised Dalit communities in rural UP through innovative provision of informal education, vocational training and by influencing local and national decision making submitted to the European Union by Find Your Feet, UK PREVIOUS EMPLOYMENT: Associate Editor with The Sunday Indian Senior Correspondent with Deccan Herald Chevening Attaché with The Independent on Sunday, London Senior Features Writer with The Pioneer PROFESSIONAL FELLOWSHIPS AND TRAINING: Fellow (2016-18), Population Reference Bureau (Washington DC) Women’s Edition- Asia Programme Online certificate course on Global Education: The Human Rights Dimension from The Network University and The North South Centre, Amsterdam Media scholarship by the International AIDS Society to attend the 19th International AIDS Conference, Washington DC Lead Speaker on ‘Media and Minorities’ at the National Conference on Media and Human Rights, Bangalore, 2012 Summer course at the European Institute of Journalism, Prague, July 2010 as a Fellow of The Fund for American Studies. International Seminar on Global Security, 2009: Organized by the Reuters Institute for the study of Journalism (Oxford, UK) Nieman Conference on Narrative Journalism, 2009: Scholarship by the Nieman Foundation, Harvard Boston, USA Fellow, Reuters Foundation: Writing on HIV-AIDS, Bangkok, Thailand, 2009 The Poynter School for Journalists, 2007: Sponsorship for workshop on Roy Peter Clark’s 50 Ways to Write, held at St Petersburg, Florida, USA Chevening Fellowship for Young Indian Print Journalists, 2007 sponsored by the British Foreign and Commonwealth Office, for study at the University of Westminster, London. ACADEMIC QUALIFICATIONS: Doctor of Philosophy (Education), Ranchi University: A Study of Depression of Adolescents of Secondary Schools in Relation to Self-Efficacy, Adjustment and Academic Achievements, 2016 Bachelors in Education from National Institute of Education (Durg). Master’s in Public Administration (M.P.A) from Lucknow University with specialization in Management of Rural Development in India and Personnel Management & Industrial Relations Bachelor of Arts in English Literature, Anthropology and Economics from Lucknow University. AWARDS AND HONOURS: SCARF-PII Media for Mental Health Award, 2015-16. First Prize in the online category Laadli Media Award for Gender Sensitivity, 2012 by Population First, supported by UNFPA Awarded for journalistic excellence by the state’s Association of Accredited Journalists, 2010 University topper and gold medal winner for MPA Government of India scholarship holder for postgraduate studies University Student Council’s Merit award for undergraduate studies Sir George Thomas Medal for Example and Service (La Martiniere Girls’ College, Lucknow) Gandhi Memorial Trophy for social work (La Martiniere Girls’ College, Lucknow) College Captain (La Martiniere Girls’ College) Head of college social service organization and leader of school literacy campaign. https://nowhereroads.blogspot.in/ is the link to Puja’s blogs.
Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth;
Then took the other, as just as fair,
And having perhaps the better claim
Because it was grassy and wanted wear,
Though as for that the passing there
Had worn them really about the same,
And both that morning equally lay
In leaves no step had trodden black.
Oh, I kept the first for another day!
Yet knowing how way leads on to way
I doubted if I should ever come back.
I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I,
I took the one less traveled by,
And that has made all the difference.
Those
who engage with
us. We don't put them on contract papers first before we actually move
forward with them because we trust them far more than some crap written on binding papers.
I mean you
are going to be one of the
stake holder either in the form of a partner, student, intern,
volunteer, a potential startup co founder, a hacker, a designer, an investor, merely a fellow being
interested in newness, or a mere critique. So you might want to know us, through what we write
here, share or post on our facebook page or various blogs. By now you should find yourself
slightly
in tune with what we do and how we do.
We respect people who genuienly seek and care about something. A seeker who questions is always better than a blind follower.
"It really matters if you have a good heart" 💕 — @elonmusk pic.twitter.com/JWU77kxB6g
— Pranay Pathole (@PPathole) January 1, 2021
Who we are:
We are a group of new age humans who want (LOVE) to have fun and spread the
happiness and love
while we work together to make cool products.
All in all, looking at
entrepreneurship the
new age way.
What we are:
We help people discover what their driving force is.
We help people dream, and “do the dream”.
Since long, people have been working for money and not for happiness. We want to change that. We want to let people work for and/or on a cause that they believe.
We also make cool (DISRUPTIVE) products that make the world a better and easier place to live in.
What we want to be:
A
cult that
thrives on a counter culture and the belief that money should not be the
“driving force” for
anything we do. We want to make life changing products and,
in the
process,
let people
discover their “true calling”.
Who we want to work with:
People who are passionate, curious and most importantly resonate with our culture.
We take our culture seriously and believe that it is the most important thing and most difficult to change. (meaning)
What you can expect from us:
A chance to work and/or lead a potentially world class project.
Understand what it means to be an entrepreneur, discover the driving force that can make you go above and beyond your comfort zone and equity for the project that you lead.
What we expect from you:
Trust.
We trust you and let you be the founder of a project that has the potential to change the world.
We want you to return that trust by being authentic in your actions and have absolute faith in our system's design for it to work for you.
We aim to improve the lives of people by providing them the means and resources to become their greater and healthier selves.
How are teams built? - Other team members' contribution to finding new talents for their team is
paramount.
Each one should take upon themselves in growing their teams.
So I am clearly saying if you talent
around you
with counter culture beliefs that resonate with Preseed values, create introductions of such people with
us,
along with your views on what agenda could we build upon with the fellow being you have found for
us.
Delegation of work - MOST IMPORTANT Everyone must learn over a period of time of course, 'the art of
building their own team'.
The biggest attribute we see in our people is 'how well can they inspire
others to
work with them' if you need money to build your team then you need to see how Nishchal is building his
team.
The purpose of this protocol, is to ensure that every Preseed Team members’ communication is effective and uniform so that we all follow certain protocols that define our communications well with each other. Key here is to be fast and mindful. Empathise with other team members who you are communicating with. Any questions or suggestions please feel free to share with the Coordinators.
1. First and most important protocol no excuse would be accepted for any low quality work. Maintain standards. 2. Communication at Light Speed. Team members must acknowledge and respond due diligently. Absolutely no failure in work will be tolerated due communication lag. 3. All hackers working on pages should setup repositories in their own github account. ie. they should host the pages while in development stage on their github account for exchanging opinions in the workgroup as screen shots don’t work. 4. All exchange of opinions on any design while the page is being worked upon should take place on the work group. 5. If any page has been finalized, same should be mentioned and the live page to be shared in the workgroup. ie. the page that is hosted on the person’s github account (the person who was assigned the task) to be shared here before calling it done. After the page has been approved only then it can be hosted on the preseed account. 6. When tasks are complete either on producteev of facebook workgroup update as done. 7. Any Documents made for better direction of tasks should be shared with Yatharth or the Coordinator; Also wait for their inputs. This is a failsafe in case of early corrections. 8. Check out the documents for coding guidelines. 9. all new pages must be implemented/coded in the latest available framework versions. ie. for every new design, implementation should start by downloading the fresh version from getbootstrap.com or the framework being used for laying out the design. 10. Makes pull requests with relevant descriptions. 11. Structure. Structure. This includes updating the commit text on Github Please have a proper structure to the codes. Folder structure: Directory structure to be- 1. assets/css/ — for css 2. assets/img/- for images 3. assets/js/ — for javascript 4. bootstrap/css- for css files which come along with bootstrap 5. bootstrap/js/ — for js files of bootstrap 6. index.html- home page 7. assets/fonts- for fonts 8. Index.html should be the default page.
The purpose of the Feedback Response Policy is important for shaping our product. Instead of reaching out to new users it is important for us to first know our existing users through feedback and serve them really well. We need to know how they're using our product and how we can make the product better suit their needs. Every new feature should have a strong feedback system. Tech team members must know what platform is the feedback coming from, to who, and from who, in the team (for ex. Whatsapp, Facebook messenger, Gmail, Freshdesk etc.). Also, keep a close track on- what percentage of feedbacks are coming from which platform. Keeping a track of the platforms will somewhere help while formulating marketing strategies because we'll know what platforms our users mostly use. We would know the unique user the feedback is coming from but for analysis purpose we will have to club the feedbacks together that are similar in nature to see the ones that are common. While some feedbacks may look similar but in reality they might be very different from each other. So clubbing of feedbacks need to be done intelligently. The bottom line is we have to know what the users are trying to tell us, and try to ensure that it's taken care of. This will lead to a healthy business and formation of a company with a strong foundation that has the customer's best interest in its heart. Nishchal’s further teams are spread over the teams of his respective startups. Those teams can’t be found here on this page for this page is strictly dedicated to the team of CHATTODO, but you can likely find them on the team pages of his other startups..
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