Aug 22, 2016

Got incubated at CIBA in Goa + Data, the new oil?

For the past several months, I've been contemplating getting back to starting my own ventures, I was happy with where I was in a "software engineering lead" role, but a question kept arising from within - What if this is just an intermediary step?

Long answer short? It was! So, I quit my high paying job in Bangalore this March, and I'm back in Goa now, the scenery is different, I don't mean the beautiful Goan scenery, I mean the outlook on starting ventures, in fact, we have a structured mini startup eco-system now, just like how we have in Bangalore. 

One of my biggest fascinations in tech was Tech Crunch, Michael Arrington was founder and co-editor of this website, he spent his initial years "blogging from the beach" about silicon valley. Back then, startups put out PR articles and insider information to explain what they did and their progress, Websites like Tech Crunch covered what was put out. This made me think about content integrity, 

  • Is there a service that automatically and truthfully tracks what companies are up to? Their marketing effectiveness vs their actual product/service value created?
  • Are the ambitions of a company inline with that of overall human progress? Are they after only market share or do they also want to create value for everyone by disrupting the market for the better?

I've been thinking about this since 2011, and I realize we now have the tools to collect, store and analyse data to answer questions like these in a cost effective way.

When I discuss this idea with other founder friends, I keep getting told "Data is the new oil!" or some variation of this, so I went ahead and got incubated at Centre for Incubation and Business Acceleration (CIBA), Goa to explore this idea into a venture, I need a place to operate from, a good internet connection and an environment for startups, CIBA seems apt for now, I'm operating under the name AJF Innovations.