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Chicken and egg indeed. Your perspective seems to be based on a very "US" centric view, which is perhaps one way to look at the issue. Needless to say entrepren
by Keios 19y ago
Chicken and egg indeed. Your perspective seems to be based on a very "US" centric view, which is perhaps one way to look at the issue. Needless to say entrepreneurial activity may not evolve in the same fashion in India as it did in the US. For example there may never be a specific area or city in India which becomes a Silicon Valley^(SV)
In the US specific areas/cities have historically done better in somethings - especially technology. This may never come to pass in India because of the presence of very different dynamics.
Also, you assume that India already has a world of startups - it does not, it merely has an untapped potential. I will not answer your question about programming languages that have come out of India, or Open Source intiatives - I would merely advise you to count how many Indians have contributed to similar goals in Silicon Valley, you could start back from the 1980s - I think oppurtunity called them to the US and they wisely followed. Also please check similar sources for linux, even the ubuntu flavor has Indians contributing. IMO in the future resident Indians will contribute to such projects, historically some non-resident Indians have. This is so because today's infrastructre allows us. (contd..)
- Keios 19y agoIf the most important criteria for any seeding firm is how many startups exist in any given geographic area - I humbly disagree. It just indicates how easy it is to do business in a specific area, ideas and skills are not born in specific areas they occur universally. YC should actively look for great ideas from all over the world and then support the best, this may invlove moving them from thier current location, such as India, to one which is more conducive to thier pursuits, such as SV^^.The core competency for a YC type seeding company is to find talent and YCs primary service is to help hackers by providing an environment which gives them a shot. YC should be hunting for hackers who can create stuff that people want to pay for - in some fashion. Having existing startups IMO is not the criteria unless you wish to confound your judgment. To summarize, you base your argument on a assumption that India should already be SV, while I think that is a superflous criteria for making great investment decisions as far as Tech startups go. I may well be wrong - but like you I try not to be blinkered. PS: Please look at a wider spectrum when you talk of Tech Startups out of India, a great example is an IIT Chennai startup that works in a huge and untapped Indian rural market - can't recall the name. And that's just one, there are many more, I know of many tech startups out of New Delhi, who cater to an Indian audience. ^IMO Banglore and the Silicon Valley have very little in common - Indian tech startups are not yet geo-specific and may never be. Please don't compare Banglore with SV. ^^You may extend this logic to other industries and see that it works, Fashion comes to mind, Indian Fashion designers often also do work in Paris.
- plinkplonk 19y ago"Indian Fashion designers often also do work in Paris" Do they ask angel funds focussed on the USA to "come to India" and sponsor their visas to France ? :-) news to me - please send some references. "you base your argument on a assumption that India should already be SV" Huh? I said there is little demonstrated high quality technical (significant contributions to open source projects) or entrepreneurial (in the Y fundable startup sense) activity in India. That doesn't mean I argue that "India should be SV" as you claim. you say "YC should actively look for great ideas from all over the world and then support the best, this may involve moving them from their current location, such as India, to one which is more conducive to their pursuits, such as SV" The problem is , this is very easy to say and very very hard (if not impossible), to do "all over the world" . As Paul Graham pointed out, it will be a (very) long time before YC can deal with all the great ideas in the USA. I don't think (I could be wrong) YC has the bandwidth to run some kind of United Nations "Save the Startups and Good Ideas Worldwide" effort. They do their thing well in the scope they choose to work in. We should respect that choice. Now you (or I) can ask them to consider coming to India , but if they reply "not in cards for now, we have lots to do here" then we should shut up and look for alternatives (imho) than whine that YC is not looking "worldwide" or "not helping with the visas " or whatever. FWIW, my advice (as an Indian ,based in India and thinking of a startup of my own) is to put fingers to keyboard and start coding and "build something people want". That's great advice and that's what I plan to do, YC or no YC. You can build software from India and you can host anywhere in the world (hosting fees are cheap enough that 3 months of work in Bangalore will get you enough funds. And someone pointed out the cost of living is so low in India you don't need angel funds) till you get a few hundred thousand users . At that point believe me you won't need YC to "get a visa" or get you VC funding. Now as to the YC 's more intangible benefits, Would I like Paul Graham's connections and advice working for me? Certainly. Do I think I am somehow entitled to them just because "I want"? certainly not! " great example is an IIT Chennai startup that works in a huge and untapped Indian rural market - can't recall the name" I hope you can see the humour in that statement. Anyway this is my opinion. If you think you can persuade YC to "come to India" or are depending on or hoping that YC will come to India to help your startup be successful, I wish you luck :-D I'll go back to my code now. Thanks for listening.