Home > Press > 2003: Bundeep Singh Rangar, chief operating officer, Ariadne Capital. Day in a life.
Bundeep Singh Rangar, chief operating officer, Ariadne Capital. Day in a life.
June 2003

It’s 6.15am and I’m fighting the alarm clock. Just four hours earlier, I had checked to make sure it was set for the morning. Lazing in bed for the next 15 minutes, I was making a number of plans concurrently – send a note to Microsoft’s CEO about an investment opportunity; send the PowerPoint about a London mobile entertainment service company to Martin, an investor in Geneva ahead of a 3.00pm conference call; follow up on my action items from the 2.00am call last night with Stefan from Aplaud Technologies in California.

Ten minutes later and I’m still struggling to get out of bed. Need to get more than four hours sleep a night. Can’t think about sleep right now – must get up. It’s 6.30am –  BBC TV news has just started. That’s good to watch (and a good reason to stay in bed!). Okay, it’s 6.40am – time to head for the shower.

Half an hour later, I’m checking my email on my laptop as I sit on the dining table – a home wireless high-speed Internet connection is a beautiful thing. Slurping sounds from a bowl of cereal accompany the clicks of my keyboard. Quick-fire responses to my emails compete with the scant attention I’m paying to finish that PowerPoint for Martin – have 20 minutes before a car picks me up to take me to the office.

The presentation leaves my laptop as I gulp my last few sips of coffee. Minutes later I’m headed for the City from South Kensington. At 7.30am we’re just about beating the traffic that builds at 8.00am when kids are being dropped to school. It’s a great time to catch people early in the day on their phones. Today’s call en route to the office is to JP, the chief information officer at Dresdner Kleinwort Wasserstein.

JP is at Heathrow, getting ready to board a flight for Frankfurt, where Dresdner’s head office is located. We talk briefly about a project we’re working on. That’s going to involve an Allianz (Dresdner’s parent company) board member so JP suggests talking at 8:00am the following day when he can do a conference call with the Board member and myself.

At the office at 8.20am, I bump into David Johnson, an executive-in-residence at Ariadne Capital, outside the front door. David leads our activities whereby we help companies validate their products in the market and secure top customer accounts. A coffee chat with David is a great way to start the day.

Our first meeting starts at 9.00am with five of the company staff including the CEO, Julie Meyer, previously founder of First Tuesday. We’re discussing dates for a possible trip to India with CIOs of top European companies whom we’re helping set up offshore subsidiaries in India.

An hour later, I find myself on a conference call with Amadeus Capital Partners, a Cambridge, England-based venture capital firm, founded by Hermann Hauser who is one of the leading lights of the European technology arena. Amadeus has been approached by Stefan’s company Aplaud Technologies in Cupertino, California, which is seeking new investors for its next financing round. Since we’re investors in the company, Amadeus contacted us to better understand its proposition.

At 11.00am, Julie and myself meet a potential investor for another California company we’ve invested in – NanoMuscle. The company makes small motors using nanotechnology. A year ago, I knew little about nanotechnology or auto technologies. Today, I’m a semi-expert.

At 1.30pm, I’m back at my desk. Lunch is a Pret-a-Manger sandwich while I’m catching up on paperwork. A note to Morgan Crucible, a large listed industrial company; a note to Nokia Ventures; another one to IDG Ventures, another nibble at the note to Microsoft’s CEO. Before I know it, it’s 3.00pm and I’m on the conference call to Geneva with Martin.

At 5.15pm, we start the late shift, otherwise known as the California shift. A conference call with Stefan to go over the new financial plan lasts an hour. This is an ambitious plan. This could be the next eBay. It has $4.5 million of investor money, including some from us.

At 6.30pm I’m off to an evening organized by the European Tech Forum where Sir Peter Bonfield, former CEO of BT, is speaking.

Over cocktails and canapes, networking begins. There’s Diana Noble, the head of Reed Elsevier Ventures. There’s Laureen Cook, formerly head of the telecoms group at KPMG. Sir Peter and I get into a conversation. As a board member of Ericsson, he’s interested in the NanoMuscle product as it can power zoom lenses for camera phones. Another good deed for our portfolio company today. I then get a cab back to the office. The journey gives me an opportunity to call my parents in Canada.

At 10.00 pm, I have a conference call with Stefan with a Japanese investor interested in Aplaud. After that I have to prepare for a three-day trip to Milan and Venice next week. And yes, must finish that note to Microsoft’s Steve Ballmer. It’s only 1:30am. Still have another hour-and-a-half to bedtime.
 

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