Ever since I was a kid, I've been going back and forth to visit my family in India. But, in the past five or six years, something changed. My relatives, instead of asking me about all the things going on in America, started talking about all the things that were going on in India. There was a shine in their eyes talking about the progress that has already happened and that will come. It’s this hope and confidence that fundamentally changes the equation. People are now willing to take risks and entrepreneurship is starting from a grass-roots level. Indian companies are becoming confident enough to go shopping on a global scale and many are not afraid to grow aggressively. As the IPO and M&A markets become broader, it will provide more opportunities for small companies and, most crucially, the investors that put money into them.
This is true. Banaglore is SO hot right now. But it feels stable, too. The climate is ideal... its room temperature +-5 all year round. Forget about Hyderabad, its too hot. So just forget about interacting with females, and mentally prepare yourself for the traffic and being stared at for months at a time and for a little bit of dysentary and get on that plane. You can hire 5 experienced developers in India for the price of one person here as long as you're willing to be there and get shit done. Being there gets you employees and infrastructure at half the rate you can contract it with an outsourcing firm. 50% displacement discount. Got a techno-dream? Chase it, on the new frontier. The elephants name is Ganesha, and if you don't know what to order, try the Idli. Venture Intelligence India: What's holding back the Indian Venture Capital Market? |