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Honestly, I don't know about the country you live in. But here in India there are tons of problems needing to be solved. You name a problem - hunger, poverty, i
by paraschopra 18y ago
Honestly, I don't know about the country you live in. But here in India there are tons of problems needing to be solved. You name a problem - hunger, poverty, illiteracy, unemployment, etc. - and India has it. But despite that, it is surprising that many Indian entrepreneurs are focusing on web2.0 me too startups. Perhaps they can better utilize their time by learning things and doing stuff which helps the country and makes money for them.
- Tichy 18y agoI live in Germany. I don't think we have the kind of problems you have in India, but of course there are plenty of problems to solve in Germany, too. We do have some homeless people, for example, but I think the cause is usually physical and mental illness, nothing I could help with (I think). Another problem is that just because I have some money on the bank, doesn't mean I am not still struggling for survival myself. I have wanted for a while to dedicate part of my time to helping the needy, but atm I don't even find the time for my startup aspirations while I work to pay the bills. Also, I think if an Indian entrepreneur is successful with a web 2.0 startup, it might still improve lots of people's lives, as it strengthens the economy.
- babul 18y agoI hope with access to internet technology and cheap hardware people in poorer countries are able to increase thier standard of living. In India, people are focused on web2.0/internet as they know the benefits of being in a global market are much greater and compared to the localised costs (of living, hardware, currency), they only need to make a small impact to create a large dividend. Also, after years of tech outsourcing, many are most skilled in this area. If they had been involved in years of finance or legal outsourcing (or any other service-based model) then they would do things in those fields. Essentially as humans, we as a whole tend to stick with what we know?