Technology titan and former boss of internet networking company Cisco, John T Chambers<\/b> has invested in 16 startups around the world, two in India — Uniphore Software Systems, a speech recognition solutions startup and Lucideus, a digital security services firm, in October this year. Chambers, founder & CEO, JC2 Ventures, sees startups leading much of the new job creation, with India possibly rivaling Silicon Valley in entrepreneurship, in less than a decade. In a recent interview with ET<\/b>, Chambers discusses the startups scene in India, future of large companies, how new companies will drive job creation and so on. Edited excerpts: <\/i>

There’s much concern around job destruction as companies adopt digital technologies<\/a>. How do you see technology world evolving and what role will startups play?<\/b>
The whole world is going digital. You are moving from 1,000 devices connected to the internet (back in early ’90s) to 20 billion today and 500 billion in 10 years. Every company will become a technology company. Large companies of the world will unfortunately not add headcount because of productivity gains and consolidation. When you go digital 30% of the jobs (as we know them today) disappear. That’s why we got to upgrade skills.

India is going to be a startups nation and indeed it will be a startups world. Majority of the innovation, majority of the job creation especially the medium to high paying jobs will happen in startups.

What does the startups world mean for large companies?<\/b>
Every CEO is looking at how do they grow their revenues; how they can move to new markets. Every CEO realises it’s about
automation<\/a> and productivity. Every CEO knows that they got to do innovation in a way that they have not done before and they will probably partner with startups in a way that we have not seen before.

Why aren’t many startups in India able to think global – like Uber,
Airbnb<\/a>, Facebook<\/a>, Google<\/a>.<\/b> Is it possible now that some startups in India become global companies?<\/b>
It’s possible. Its important to understand there's no entitlement. Silicon Valley can be displaced. Before Silicon Valley, Boston was the high tech centre of the world. We thought we were invincible – 1,000 high tech companies and in a period of three decade we disappeared. They had great VCs, smart people. So, there’s no entitlement who is going to lead in this. Fast will beat the slow, you disrupt and you can get disrupted.

To the second part, India did not have what I would call a startup agenda even though we have world class
engineers<\/a> coming out of IITs. India’s skill set is unbelievably good. But the initial set of startups in India were clones of what was started in the US. Uber knockoff, Amazon knockoff and something like that. Now you are starting to see the emergence of the next generation of startups out of India -- Uniphore is one of them and you suddenly began to realise they could lead in the whole market. Lucidius as well.

In India today 90% of the VC money goes into the top six cities. It can expand across all states and territories. I am trying to play a role in Indian startup ecosystem where we can generate a good number of jobs as well.

India needs more than 1 million jobs per month. Startups don't create that number of jobs. Where's the room to create those kinds of jobs?<\/b> Or will there be thousands of startups and that's how it will be?<\/b>
More than 70% of the jobs created by startups are after they go public. If you haven't got a bunch of IPOs you got a problem. At Cisco we changed the world in terms of how internet changed everything. Now we are going to try and do the same things by being a role model in France, US and here in India about how the startups really become the economic engines, the job creation engines.

My goal is to have my startup headcount grow at 40-50% a year on average. And I am actually running at almost 80% when I total all 16 of my startups. It has to be done right — to build scale, have the right IPO capability and so on.

What do you look for in startups?<\/b>
The first thing is that majority of startups will fail. When I acquired 180 companies (at Cisco) I told the market that I expect 90% of them to fail. Same thing is true of startups — majority will fail. What I can do is by picking the right startups that truly want to be mentored, I can raise the odds dramatically and also help them scale, help them get access to markets, help them understand channels etc.

So, what do I look for? The first thing I look for in a startup is a market transition that is going to combine the technology transition. Second thing I look for is the founder, the CEO. Do they want to be coached? Are they real quick, smart and understand what's possible?

Then I go straight to customers. and the customers tell you what do they really think about the company. Then I look, is there sustainable differentiation in the products? Next, I look at how close to inflection point is it in terms of the direction. Then I look at what the other advisors are like. It’s a combination of things that makes a startup successful.

You invested in 16 startups around the world. Do you have time to hand hold and scale all of them?<\/b>
It goes in waves a little bit. This is what I do now. I am pretty focussed on digital agenda in France, digital agenda in India and startups.

I intend to invest more, but I got to build scale as well. I love what I do now. I compare this in some ways to grandkids. I give my advice, here's what it is, here's how you handle a customer situation, an employee situation and I give it back. Though if they don't want to be coached I don't waste time. The real value is to see the teams progress and that's what gives me real joy in life.

You said that India is at the cusp of becoming a startup nation. When you say startup nation will it be similar in scale that Silicon Valley achieved. We are nowhere near that at present.<\/b>
Ofcourse you are not. But neither was Silicon Valley when Boston was the Silicon Valley of the world. We looked over Silicon Valley and we thought that those guys could not even spell computing. There’s no entitlement.

Out of the IPOs in the US in recent years year – the number from Silicon Valley is not even close to the 1990s. But a startup was in existence for at least 10 years before it IPOed. Majority of the Indian companies are just getting started.

Lot of people don't realise the changes you make this year or last year don't show up in dramatic job increases or IPOs. But there are unicorns which have been around for five years or more. This is what I love about India — the country is truly ready for a transformation.

Average age in India is around 26 years and you got great educational institutions. So you are in a position to perhaps lead in this arena. I will be disappointed if India didn't rival Silicon Valley within a decade.

India has got 6 lakh
engineers<\/a>, US has 60,000 per year. Out of my 16 startups, half of them have graduates from Indian schools. India has all the ingredients and that can change the paradigm.

The US administration keeps erecting barriers on H1B visas. How do you see that?<\/b>
Almost 60% of the H1B visa users are from India. I personally believe in very open immigration for high skilled labour. Period. I met with 12 Silicon Valley startups recently and about half were Indians. It’s in our countries best interest to make this work. We probably have four million Indian diaspora in the US and I like to see that number go up dramatically.
\n\n
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我将失望如果印度没有竞争对手硅谷十年:约翰•钱伯斯

与ET在最近的一次采访中,钱伯斯讨论印度的创业公司的场景,大公司的未来,新公司将如何推动创造就业机会等等。

雪莱辛格
  • 更新于2018年12月24日下午04:13坚持
技术巨头和互联网网络公司思科的前任老板约翰·钱伯斯T在16个创业投资在世界各地,两个在印度——Uniphore软件系统,语音识别解决方案启动和Lucideus,数字安全服务公司,今年10月。钱伯斯,创始人和CEO, JC2企业认为,创业公司领导的新的就业机会,与印度可能堪比硅谷创业,在不到十年的时间。在最近的一次采访中在印度,钱伯斯讨论创业公司现场,大公司的未来,新公司将如何推动创造就业机会等等。编辑摘录:

广告
周围有很多关注工作破坏公司采用数字技术。你如何看待技术世界发展和创业公司会扮演什么样的角色?
整个世界正在走向数字化。你正从1000台设备连接到互联网(早在90年代初)今天的200亿和5000亿年10年。每个公司将成为一家技术公司。世界大公司不幸的是不会增加员工由于生产力的提高和整合。当你去数字30%的工作岗位(如我们今天知道的)消失。这就是为什么我们必须升级技能。

印度的确是一个创业公司的国家,这将是一个初创企业的世界。大多数创新,大多数就业尤其是媒介高薪就业机会将发生在创业。

大公司创业世界意味着什么?
每一个CEO是看他们如何发展他们的收入;如何转移到新的市场。每一个意识到这是首席执行官自动化和生产力。每个CEO都知道他们要做创新,他们没有做过的,他们可能会与公司合作的方式我们没有见过的。

为什么不许多初创公司在印度能够认为全球——就像乳房,Airbnb,脸谱网,谷歌 有可能现在一些初创公司在印度成为全球公司吗?
这是有可能的。其重要的理解没有权利。硅谷可以取代。在硅谷、波士顿是世界高科技中心。我们认为我们是不可战胜的——1000家高科技公司和我们消失了一段时间的三个十年。他们有伟大的风投,聪明的人。所以,没有权利谁来领导。快将击败慢,你扰乱和破坏。

广告
第二部分,印度没有我称之为创业即使我们有世界级的议程工程师理工学院。印度的技能是难以置信的好。但是最初的创业公司在印度被克隆的开始在美国。超级山寨,亚马逊山寨和类似的东西。现在你开始看到下一代的初创公司的出现的印度——Uniphore就是其中之一,你突然开始意识到他们可能会在整个市场。Lucidius。

在今天的印度90%的风险投资资金进入前六个城市。它可以扩大在所有国家和地区。我想在印度的创业生态系统中发挥作用,我们也可以创造很多的就业机会。

印度需要每月超过100万个工作岗位。创业公司不创造的就业数量。房间在哪里创建这样的工作吗? 或者会有成千上万的创业公司和它将如何?
超过70%的初创公司上市后所创造的就业机会。如果你没有一堆ipo你有问题。思科我们改变了世界的互联网如何改变了一切。现在我们要做同样的事情,作为一个榜样在法国,美国和印度在初创公司真正成为经济引擎,如何创造就业机会的引擎。

我的目标是让我的创业人数平均每年40 - 50%的速度增长。实际上我几乎80%当我总16我的创业公司。必须做好建设规模,有正确的IPO能力等等。

你在创业公司中寻找什么?
第一件事是,大多数创业公司将会失败。当我收购了180家公司(思科)我告诉市场,我希望90%的失败。同样适用的初创公司——多数会失败。我能做的就是通过选择合适的初创公司真正想要辅导,我可以大幅提高的可能性,并帮助他们,帮助他们获得市场,帮助他们了解渠道等。

所以,我寻找什么?我寻找在一个创业公司的第一件事就是市场过渡,要结合技术过渡。我寻找的第二件事是创始人、首席执行官。他们想要训练吗?他们是真正的快,聪明,明白是可能的吗?

然后我直接给客户。客户告诉你他们真的觉得这家公司。然后我看,有可持续的差异化的产品吗?接下来,我看看有多接近拐点的方向。然后我看看其他顾问。这是一个组合的东西使创业成功。

你投资于16世界各地的创业公司。你有时间把手和规模的?
它在波浪一点。这就是我现在做的。我很关注数字议程在法国,在印度和初创公司数字议程。

我打算投入更多,但我要扩大规模。我爱我所做的。在某些方面我比较这孙子。我给我的建议,这是它是什么,这是你如何处理一个客户情况,员工情况,我给它回来。不过如果他们不想成为指导我不浪费时间。真正的价值是看到团队进步和生活中给了我真正的快乐。

你说,印度在成为一个启动的国家的尖端。当你说会启动国家相似,硅谷。我们目前还有很远一段距离。
当然你不是。但无论是硅谷当波士顿是世界的硅谷。我们在硅谷和我们认为那些人甚至不能拼写计算。没有权利。

在美国的ipo数量近年来,从硅谷甚至没有接近1990年代。但创业是存在在ipo之前至少10年。多数的印度公司是刚刚开始。

很多人没有意识到去年今年您所作的改变或不出现在戏剧性的增加或首次公开发行(ipo)的工作。但有独角兽已经存在了5年或者更长时间。这就是我喜欢印度——这个国家真正准备转变。

在印度的平均年龄大约是26年,你有伟大的教育机构。所以你也许能够在这个舞台上。我将失望如果印度没有硅谷竞争对手在十年内实现。

印度有6款工程师每年,美国有60000个。我16岁创业,其中一半已经从印度学校的毕业生。印度所有的原料,可以改变范式。

美国政府一直H1B签证壁垒。你看到了吗?
H1B签证几乎60%的用户来自印度。我个人认为非常开放移民的高技能的劳动力。时期。我最近会见了12个硅谷创业公司和大约一半是印度人。它在我们国家的最佳利益做出这项工作。我们可能有四百万印度移民在美国和我喜欢看这一数字大幅上升。

  • 发布于2018年12月24日09:08点坚持

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Technology titan and former boss of internet networking company Cisco, John T Chambers<\/b> has invested in 16 startups around the world, two in India — Uniphore Software Systems, a speech recognition solutions startup and Lucideus, a digital security services firm, in October this year. Chambers, founder & CEO, JC2 Ventures, sees startups leading much of the new job creation, with India possibly rivaling Silicon Valley in entrepreneurship, in less than a decade. In a recent interview with ET<\/b>, Chambers discusses the startups scene in India, future of large companies, how new companies will drive job creation and so on. Edited excerpts: <\/i>

There’s much concern around job destruction as companies adopt digital technologies<\/a>. How do you see technology world evolving and what role will startups play?<\/b>
The whole world is going digital. You are moving from 1,000 devices connected to the internet (back in early ’90s) to 20 billion today and 500 billion in 10 years. Every company will become a technology company. Large companies of the world will unfortunately not add headcount because of productivity gains and consolidation. When you go digital 30% of the jobs (as we know them today) disappear. That’s why we got to upgrade skills.

India is going to be a startups nation and indeed it will be a startups world. Majority of the innovation, majority of the job creation especially the medium to high paying jobs will happen in startups.

What does the startups world mean for large companies?<\/b>
Every CEO is looking at how do they grow their revenues; how they can move to new markets. Every CEO realises it’s about
automation<\/a> and productivity. Every CEO knows that they got to do innovation in a way that they have not done before and they will probably partner with startups in a way that we have not seen before.

Why aren’t many startups in India able to think global – like Uber,
Airbnb<\/a>, Facebook<\/a>, Google<\/a>.<\/b> Is it possible now that some startups in India become global companies?<\/b>
It’s possible. Its important to understand there's no entitlement. Silicon Valley can be displaced. Before Silicon Valley, Boston was the high tech centre of the world. We thought we were invincible – 1,000 high tech companies and in a period of three decade we disappeared. They had great VCs, smart people. So, there’s no entitlement who is going to lead in this. Fast will beat the slow, you disrupt and you can get disrupted.

To the second part, India did not have what I would call a startup agenda even though we have world class
engineers<\/a> coming out of IITs. India’s skill set is unbelievably good. But the initial set of startups in India were clones of what was started in the US. Uber knockoff, Amazon knockoff and something like that. Now you are starting to see the emergence of the next generation of startups out of India -- Uniphore is one of them and you suddenly began to realise they could lead in the whole market. Lucidius as well.

In India today 90% of the VC money goes into the top six cities. It can expand across all states and territories. I am trying to play a role in Indian startup ecosystem where we can generate a good number of jobs as well.

India needs more than 1 million jobs per month. Startups don't create that number of jobs. Where's the room to create those kinds of jobs?<\/b> Or will there be thousands of startups and that's how it will be?<\/b>
More than 70% of the jobs created by startups are after they go public. If you haven't got a bunch of IPOs you got a problem. At Cisco we changed the world in terms of how internet changed everything. Now we are going to try and do the same things by being a role model in France, US and here in India about how the startups really become the economic engines, the job creation engines.

My goal is to have my startup headcount grow at 40-50% a year on average. And I am actually running at almost 80% when I total all 16 of my startups. It has to be done right — to build scale, have the right IPO capability and so on.

What do you look for in startups?<\/b>
The first thing is that majority of startups will fail. When I acquired 180 companies (at Cisco) I told the market that I expect 90% of them to fail. Same thing is true of startups — majority will fail. What I can do is by picking the right startups that truly want to be mentored, I can raise the odds dramatically and also help them scale, help them get access to markets, help them understand channels etc.

So, what do I look for? The first thing I look for in a startup is a market transition that is going to combine the technology transition. Second thing I look for is the founder, the CEO. Do they want to be coached? Are they real quick, smart and understand what's possible?

Then I go straight to customers. and the customers tell you what do they really think about the company. Then I look, is there sustainable differentiation in the products? Next, I look at how close to inflection point is it in terms of the direction. Then I look at what the other advisors are like. It’s a combination of things that makes a startup successful.

You invested in 16 startups around the world. Do you have time to hand hold and scale all of them?<\/b>
It goes in waves a little bit. This is what I do now. I am pretty focussed on digital agenda in France, digital agenda in India and startups.

I intend to invest more, but I got to build scale as well. I love what I do now. I compare this in some ways to grandkids. I give my advice, here's what it is, here's how you handle a customer situation, an employee situation and I give it back. Though if they don't want to be coached I don't waste time. The real value is to see the teams progress and that's what gives me real joy in life.

You said that India is at the cusp of becoming a startup nation. When you say startup nation will it be similar in scale that Silicon Valley achieved. We are nowhere near that at present.<\/b>
Ofcourse you are not. But neither was Silicon Valley when Boston was the Silicon Valley of the world. We looked over Silicon Valley and we thought that those guys could not even spell computing. There’s no entitlement.

Out of the IPOs in the US in recent years year – the number from Silicon Valley is not even close to the 1990s. But a startup was in existence for at least 10 years before it IPOed. Majority of the Indian companies are just getting started.

Lot of people don't realise the changes you make this year or last year don't show up in dramatic job increases or IPOs. But there are unicorns which have been around for five years or more. This is what I love about India — the country is truly ready for a transformation.

Average age in India is around 26 years and you got great educational institutions. So you are in a position to perhaps lead in this arena. I will be disappointed if India didn't rival Silicon Valley within a decade.

India has got 6 lakh
engineers<\/a>, US has 60,000 per year. Out of my 16 startups, half of them have graduates from Indian schools. India has all the ingredients and that can change the paradigm.

The US administration keeps erecting barriers on H1B visas. How do you see that?<\/b>
Almost 60% of the H1B visa users are from India. I personally believe in very open immigration for high skilled labour. Period. I met with 12 Silicon Valley startups recently and about half were Indians. It’s in our countries best interest to make this work. We probably have four million Indian diaspora in the US and I like to see that number go up dramatically.
\n\n
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