Monday, March 31, 2008

Online data entry jobs

Hi there,
Hope everyone is fine. I would like to share my experience about searching for an online job for my friend which will help him earn money from home. First of all i tried searching through google for anything that might be useful.

But for my disappointment nothing was useful to me as every job listed was either for residents of USA, Canada or the UK. I did manage to find some sites that offer online jobs in India. But they all wanted a registration fee to be paid upfront.

One such site which offered an online data entry job was
http://www.365jobs4u.com/india/

It was a nice job site for both offline and online data entry jobs as well as other internet jobs. But as most other sites in India it also asked for a registration fees of Rs. 2000 for beginners and Rs. 3500 for experts in data entry.

Also for any other type of internet jobs they asked for an initial registration fees. Anyone who is interested in paying the sum and work at home can visit the above site for more details.

There are also sites that allow you to make bids for the projects that are available from companies. The problem with this type is that you have to bid against people from other countries whose bidding rates are really low. One such site is
http:\\www.elance.com

The fact of the matter remains that online data entry is very much debatable as the companies involved can do it themselves.
Why would these companies pay money for a job which they themselves can do. So be very careful about paying any huge amount for such jobs

You can try to find your online jobs through google or yahoo by typing online-data-entry jobs and then pressing the search button. Do not forget to include the hyphen symbol. Hope you find your matching online job

Friday, March 28, 2008

Private Equity Demystified

What exactly is private equity and why there is so much buzz around it. Private equity emerged in the 1980s with the KKR group. These PE firms provided cash for companies to go private. Going private helped the companies to run it the way they wanted. The PE firms were run run by investment bankers who brought considerable expertise to these companies.

There is also another concept called Ventue Capital (VC). Here smaller companies which are cash trapped and are too small to list in the exchanges are helped by VC firms by taking a stake in the comapny and help them towards a growth path. Thus providing them both with the cash and the technical expertise

In India private equity is relatively young. It started with the IT boom towards the end of 90s. In recent years a number of these companies have come up due to stock market boom and the growing Indian consumer market. Global firms such as Blackstone and the Carlyle Group have a presence in India and are scaling up their operations.

Indian players like ICICI Venture are also growing rapidly in this market space. The next big question is how do these firms make money?

Essentially, PE funds raise money from high net worth individuals and financial institutions, for a period of 7-10 years and then invest in opportunities as and when they arise. The firms valuate companies and take a stake depending on how much is the company actually worth, how the company will grow etc.

Post stake taking, day-to-day monitoring and growth plans are monitored by the fund, with a senior director taking a seat on the company's board. Since the target is also to exit the investment in a few years and return money to investors, the deal team also constantly monitor the capital markets for suitable times to do an Initial Public Offering (IPO) or find a strategic investor to sell to