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The title should be Why the Y Combinator model doesn't work in India YET. The Silicon Valley has a classic chicken-egg situation where companies are chasing in
by dimmuborgir 15y ago
The title should be Why the Y Combinator model doesn't work in India YET.
The Silicon Valley has a classic chicken-egg situation where companies are chasing investors and investors chasing companies. Both are equally responsible for the valley's ecosystem and it took it a great deal of time and struggle to become what it is today.
Whining every other day that "OMG my country is so not valley, nothing will work here, we're screwed big time" helps no one. Be ready to take big risks. Be ready to grab every little opportunity. There's no reason why every emerging economy can't have its own Silicon Valley in the near future.
- codelust 15y agoQuite presumptuous is it not to say that nobody is grabbing every little opportunity here? I quit a well-paying job during the downturn to explore this side of life, so, yes, risks are being taken, but that is not my point. I'm not saying we are screwed big time, if that is how the post appears to you, I need to apologize for the way that I put it across. My intention is this - what we are doing now is not working, let us try something different as the potential is certainly there.
- dimmuborgir 15y agoApologies if I sounded rude. It's just that there has been increasing number of blog posts lately by Indian entrepreneurs comparing India with Silicon Valley and expressing overt pessimism. No offence was directed at you.