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ISSUE <strong>08</strong> APR 2015<br />
3<br />
finishing schools after 4 years but we know that all<br />
the good guys are gone by then. They may get<br />
through campus placements or they may get a job.<br />
But the good thing is they will all get jobs. The not<br />
so good thing is they will get into jobs in the<br />
services industry where potentially once for all we<br />
lock the best minds to a different kind of work. So<br />
that's the reason why I knew we had to do<br />
something. Even before I left Microsoft, I started<br />
having ideas, I started writing some documents,<br />
sharing them with people, and taking feedbacks.<br />
After leaving Microsoft, I got more time to think<br />
thoroughly about the various challenges. I used a<br />
research organization at Hyderabad in order to<br />
understand the mind set of students and their<br />
thought process - how much awareness they<br />
have with R&D versus non- R&D roles. It was very<br />
insightful. We used that data before we actually<br />
started the program.<br />
Mission R&D is for students. There are two reasons<br />
for that. One is, we have around 1 lakh plus people<br />
in the once united Andhra Pradesh alone, doing<br />
some form of Computer Science and at least 1% of<br />
them, i.e., 1000 must be super smart. But why<br />
aren't we able to find them ready for R&D roles?<br />
We struggled to find good people who qualified for<br />
a job in Microsoft. We were going all over India and<br />
picking from IITs and RECs. Anna University is<br />
good; PSG Coimbatore is good, but we struggled to<br />
find people in AP. REC Warangal is okay. One thing<br />
is that I know there is great talent and very smart<br />
kids at present, but clearly they're not getting what<br />
they need to get. The other thing is if there are<br />
smart kids, they can pick up the core foundations<br />
very quickly. So, combining these two, we thought<br />
we have to create a program.<br />
Next, we thought about the right time to start the<br />
program. At the end of first year, students are not<br />
learning much about the actual Computer<br />
Science. It is more of general subjects. We thought<br />
about it at the end of second year, but the problem<br />
was, once we are done teaching, there is a long<br />
gap for interview. So that is the reason why we<br />
picked the end of 3rd year, summer, and by which<br />
time they would have done some basic things like<br />
one or two programming languages, at least have<br />
theoretical knowledge about operating systems<br />
and a few other things.<br />
Both are good but the key differentiation is, in<br />
service industry we have a specification defined by<br />
somebody else and most of the time you have one<br />
client and you solve the problem of the client. In<br />
R&D role, you have many customers depending on<br />
what you are talking about. If it is windows, you<br />
have a billion customers; visual studio tools, you<br />
have millions of customers. There is never one<br />
customer. So building a product which is useful to<br />
the whole wide audience is a complex engineering<br />
process. Your mind set, the way you think, the way<br />
you engineer, everything has to be different. You<br />
cannot be saying like you can put this version out<br />
and then I can fix it up later. You need to take an<br />
approach like you need to create a scalable<br />
platform on which you can build the features. We<br />
are trying to communicate and articulate this<br />
difference. Then the foundations have to be very<br />
strong to be able to do this job. And that is what we<br />
are trying to do in this program.<br />
How hard is it to move from a service company<br />
to a product -based company?<br />
Relatively hard, in general services role you are<br />
assigned to a customer project then you will be<br />
trained for a few months specifically on those<br />
technologies and not get the general foundational<br />
learning. So you cannot be a good broad based<br />
software engineer as it is completely driven by the<br />
business requirements. You are basically getting<br />
tunneled up putting up a stack that this is what you<br />
are going to learn next versus you want to be a<br />
good professional with broad foundation, and<br />
thinking ability. Let's say you do this for two to<br />
three years, your growth is around project<br />
management and not as a technical guy. It is good<br />
at management side but you will be going away<br />
from what a professional would do. So there will<br />
be pockets in the services companies where there<br />
is innovation going on but those are isolated<br />
pockets.<br />
What is your take on the startup culture of the<br />
Government at the Centre and in the State?<br />
The current budget appears to be encouraging for<br />
startups. Even the Telangana Government, for<br />
example, is trying to create a startup hub where<br />
to be there. So mentorship is a great challenge.<br />
A lot a good engineers are there readily orienting<br />
themselves about business strategies and are able<br />
to figure out how to create and market the right<br />
product. So as more and more people are coming<br />
to startup fields, all it requires is right mentoring.<br />
When you have many startups, mentors become a<br />
bottleneck. This is where I go back to the students<br />
who often say that they don't have good teachers,<br />
and hence could do only this much. Now startups<br />
cannot say that there aren't enough mentors so<br />
that's why I'm like this. It is your baby, your<br />
responsibility, so you have to take the initiative to<br />
figure out ways and make it successful and not<br />
blame somebody else. Success or failure, that is<br />
yours. Mentors are there only to provide<br />
information and at the end of the day it is for you to<br />
filter it and take what is required for you.<br />
And one more thing, as there is a lot of information<br />
available globally, people shouldn't get<br />
themselves overloaded with information. We<br />
cannot continue to read and read and not do<br />
anything. They should strike a right balance. You'll<br />
have to make your own important judgment call. If<br />
you are lucky you'll have 70% information, many a<br />
time 50%, or you'll have the readable amount but<br />
you'll never have 100% information. Then you<br />
need to apply experience. If you are young you may<br />
not have experience so you need to use your gut<br />
feel. Based on whatever you know and based on<br />
the vision and dream, you should think that this is<br />
the bet and you are going to make it. And then<br />
give everything that you got to make it a success.<br />
Startup vs MNC. What do you think a fresh<br />
graduate should begin with?<br />
It all depends on what you want. In a big company,<br />
we get good salary, reasonably stable job and<br />
potentially an opportunity to learn from many<br />
experienced people. You have to be proactive. On<br />
the other hand, a startup is a great idea and huge<br />
excitement, and a tremendous learning<br />
opportunity. In big companies, you will be<br />
assigned a task and scope of learning will be<br />
limited to that. Whereas, in startups, you are<br />
forced to broaden your scope as there are less<br />
number of people working on it and there is a huge<br />
problem to solve. You will learn a lot, but it might<br />
the right time for a fresh graduate to approach<br />
angel network?<br />
I need to explain to you the various levels that exist<br />
today with regard to investment. There is seed<br />
fund or seed stage where people invest at a very<br />
early stage. In this stage, you will get small amount<br />
of money. Then comes angel investors or angel<br />
network where you have an idea, and you translate<br />
that idea into an implementation, and test it<br />
against the customer segment. Next, learn from<br />
the process and tweak your ideas and know what<br />
the reaction is. That is the right time to come to<br />
angel network after you had enough learning.<br />
Here you have taken it to next level. Say, you tried<br />
implementing it and have some learning and you<br />
also know about the competition in the area. You<br />
cannot say that you are the only one doing it. Very<br />
rarely you will find things where you are the only<br />
one doing it. Hence, you need to show that you're<br />
slightly different from them. Some differentiation<br />
has to be there.<br />
In angel networks people will give from 50lakhs<br />
upto 2 crores. You can use that money when you<br />
actually need to expand your business where the<br />
model is completely proven in reasonable size<br />
locality. For instance, Hyderabad city is<br />
completely done and proved in AP or TG, then you<br />
want to scale across India and you need extra<br />
money which is when angel networks come into<br />
picture. As the model is proven, they will provide<br />
the necessary amount, so that you can grow across<br />
the country.<br />
What is the difference between IIT and tier 2<br />
colleges?<br />
A lot of people are competing but only a few get<br />
into IITs. There are two reasons for this. One is<br />
they are highly motivated and hard working. Two is<br />
their IQ level is high. In IIT environment, we have<br />
ample number of good professors teaching and<br />
they have smart people around them in super<br />
competitive environment, working hard and are<br />
motivated continuously. At IITs, they learn from<br />
teachers and other students as well. On the other<br />
side, there is exactly opposite environment. If you<br />
are smart, you top the batch and you relax, nobody<br />
We cannot continue to read and read and not do anything. They should strike a right balance. You'll have to make your own important judgment call.<br />
If you are lucky you'll have 70% information, many a time 50%, or you'll have the readable amount but you'll never have 100% information. Then you<br />
need to apply experience. If you are young you may not have experience so you need to use your gut feel. Based on whatever you know and based on<br />
the vision and dream, you should think that this is the bet and you are going to make it. And then give everything that you got to make it a success.<br />
Then, we pick students with good IQ, passion, and<br />
motivation. So we know that they have some basic<br />
foundation, and then we put them through an<br />
intense program and we are very confident that<br />
they will pick it up. It turned out to be true too. Each<br />
year about 100 students can easily do it. We are<br />
trying to do the same thing, the way we built<br />
Microsoft. This is not to make money. We don't<br />
want to run and start all over India and fail<br />
miserably. Instead, we want to do it right by<br />
figuring out all the nuances of the program.<br />
Somebody following Mission R&D would know<br />
that each year we are tweaking it. The latest tweak<br />
is, at the end of second year, we want to offer them<br />
online training programs, and at the end of third<br />
year is the classroom program. So that's the final<br />
stage we reached, which will be the best way to<br />
prepare them really well for R&D. I think from next<br />
year we can scale across a few other places like<br />
Bangalore and Chennai. But these are the key<br />
drivers. There are two points - there are very<br />
smart kids and smart kids can learn very quickly if<br />
we teach them the right way.<br />
What does it mean to have an R&D job versus a<br />
services job?<br />
they provide infrastructure for startup companies<br />
to come and set up their operations. If you have a<br />
hub like that it can bring people together. You can<br />
be mentors, investors and other potential partners.<br />
So that kind of initiative is good. Andhra<br />
Government is also trying to do something on<br />
similar lines.<br />
For the past 2-3 years, there has been a lot of<br />
awareness in the Government about startups, and<br />
how they can be potential growth for the country,<br />
how employment is generated for the country and<br />
how the startups can be innovation engines for the<br />
country. Because of this development, a<br />
reasonable number of good angel networks<br />
sprung up like the one at Hyderabad for which I<br />
was the first President. Then there is Mumbai<br />
angel network and India angel network .Multiple<br />
angel networks are coming up. And people are<br />
hearing about the success stories of entrepreneurs<br />
starting their companies and this information is<br />
helping in creating excitement among startups. So<br />
overall as far as the ecosystem is concerned every<br />
player of the ecosystem - the government,<br />
entrepreneur, bureaucrat, investors -all are<br />
actively taking part in growing and nurturing the<br />
startups. So that way great things are happening<br />
in the country right now. The momentum is going<br />
go down six months down the lane to one year, this<br />
is the risk we have. The reward is if you are<br />
successful you will have good number of options<br />
and returns will be much higher than what you get<br />
from a big company. So the key is that you have to<br />
understand that the failure rate is very high in<br />
startups. There is 70% failure, be aware of that.<br />
But if we have amazing ideas and super smart guys<br />
are already there in startups, then the risk is<br />
comparatively low.<br />
If you have an idea then the ideal place to start<br />
with is at incubators and most of the colleges<br />
these days have their own incubators. Startup is<br />
not like Masters. If you think that you are done<br />
with your graduation, and now you have to start a<br />
start up, it doesn't work that way. If some one is<br />
going to do a startup then he should be thinking<br />
about it right from second or third year of their<br />
course. They should be actually talking to people<br />
about their idea, getting advice, brain storming<br />
and finally getting to a stage six months before<br />
they graduate. They should say that these are my<br />
strengths, ideas, and I'm going to give it my best<br />
shot. So one needs to be in this stage at least<br />
before comparing it to a good job.<br />
As you're an angel investor, what do you think is<br />
there pushing you around.<br />
We have examples of Bill Gates, Premji, etc.,<br />
who aren't trained in top institutes yet they are<br />
successful. Then why does the industry<br />
differentiate between the IITians and others<br />
during recruitment?<br />
We always take the example of Bill Gates. But<br />
according to the law of average among all the<br />
successful people, these people will be only<br />
0.0001%. And the other people are doing good<br />
because of their motivation, hard work and the<br />
right environment. Most of the big companies<br />
give first preference to IITians just as we go for<br />
good quality while buying a product and go right<br />
there. The companies also know that most of the<br />
other people are there outside, so they conduct an<br />
exam every year and take them. It is a question of<br />
how efficiently the interview process is done. The<br />
flip side is students can say that they are from tier<br />
2 or tier 3 colleges but they have learnt much and<br />
have the capability to demonstrate their skills then<br />
people just come and pick them up. They give<br />
highest priority to such candidates as they have<br />
been through all the odds despite many<br />
challenges.