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This assumes that for an Indian startup, the domain of potential users, investors and acquiring companies is limited to India. This is not true for most promisi
by shivam14 15y ago
This assumes that for an Indian startup, the domain of potential users, investors and acquiring companies is limited to India. This is not true for most promising startups in India, especially web-based ones. The only pre-requisite for a YC-type model is a pool of talented potential founders, and that seems to be pretty big in India.
- codelust 15y agoI'm the author of that post, can't recollect many exits from web-based companies in India to companies from outside in India. You could, I guess, point at sosasta.com (acquired by Groupon), but the deal flow certainly is not there.
- aufreak3 15y agoWhats the fuss about exits? Why not focus on revenues? Do Redbus, Cleartrip and Flipkart need to be sold before they're worth doing?
- daleharvey 15y agothey do need to be sold before they are worth investing in as an institutional investor
- netcan 15y agoWith that explanation, you are implying that your post is observational only. IE, you could drop the "why" from the title and gain accuracy in describing the post. In order for either of these points (your two points seem to have been joined here) to be interesting for answering the why you need to look at Indian companies that would have been bought in the US but weren't (presumably) because they were Indian. Whatever the reason, if it is endemic, could be a why. As is, you kind of end just observing that YC like investors or YC like startups don't often exist (or maybe succeed) in India but aren't really commenting on why.
- codelust 15y agoIf you are talking about the post here, it was not made by me, so not sure how the title can be edited. I don't see a problem with it, though. I don't think the point is that Indian companies don't get bought in the US.