In India. We are calling the Aam Aadmi Party (transalated to Common Man's Party) as the startup of the decade. They were formed just 9 months ago, with a single goal - to have corruption free politics. The founder Arvind Kejriwal did some hustling that we would be proud of in the startup world. There were lot of dirty campaigns that were conducted against them. They introduced total transparency in their funding raising all their funds from common people.
The result: They secured 28/70 seats in the their very first election, while the current ruling party (Congress) secured just 8/70 seats.
Well.. A non-venture backed startup perhaps. I don't see startups as a David and Goliath situation if David's constantly using Goliath's money to fund his ventures. Even so I think it's a bit of a reach to compare this new party and startups. It's a much bigger deal to make a political victory based on defeating corruption than a social media app.
Someone who was an anti corruption activist an year back, not only dethrones a lady who was ruling New Delhi for last 15 years but mercilessly removed her party out of any political scene in the state.
Something like david and goliath.
Very different domain, but potentially some lessons from this 'startup'.
A "social" startup.
Under one year old.
Challenging the oligopoly in their industry.
Raised 3 million and then stopped asking for more money.
Will now cater to 28/70 seats in New Delhi (population : 9 million, that's like 3 million users ;) )
Long term vision - a billion plus users (all of India)
A lot of the stuff that is featured on HN isn't about hacking or hackers per se.
The way I see it, this is news that's relevant to folks interested in technology... The reason this particular story is on the front page is that a lot of these folks do have connections to India.
The result: They secured 28/70 seats in the their very first election, while the current ruling party (Congress) secured just 8/70 seats.
That, my friends, is David beating Goliath.