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Responding to your footnote [2], it would be interesting to hear what obstacles are in the way of doing a start-up in India. Are they the kind of things that ca
by dmolnar 18y ago
Responding to your footnote [2], it would be interesting to hear what obstacles are in the way of doing a start-up in India. Are they the kind of things that can be worked around once and then the effort amortized over multiple start-up companies? If so, maybe there is an opportunity for something like YC in India that guides early stage people through the hoops required to start their own companies.
- braindead_in 18y agoThey are YC clones coming up all over here. Some of them invest, some dont. But none of them have anybody's of PG's stature behind them. So dunno whether any of them will ever succeed. IMHO, incubators are a bit too early for the Indian ecosystem. Is very immature right now. Especially for first time entrepreneurs. Severe lack of talent and mentorship, angels are few and far between, Series A or further rounds, if you make it that far, happen at low valuations and successful exits are very rare. Add to that the very low internet penetration rate here. So focusing on the Indian market is a non starter. If you are targeting the global market, then its best to take advantage of the valley ecosystem. Eventually you'll have to have an office there if you want to succeed.