Funding and tech deals
Funding and the internet startups
This is precisely the problem why internet usage in India is low – there are very few Indian websites which solve a real need. Most of the internet websites can be categorised into:
1. Extension of the existing offline media business
2. Set up to get funding / sell out to venture capitalists – so these are usually a poor imitation of popular US/UK websites
If they really understand the market, they will not start an online business to sell out.
This entry was posted on Tuesday, July 1st, 2008 at 10:13 am and is filed under deals, funding, internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.