At the risk of being accosted on my way home tomorrow, and also risking it all on my first post on this blog. I have a question, Why are/do people find startup’s of no interest in India?
The question is probably not that straight forward, simply because they maybe of no interest because no one knows about them. But here’s the scenario, A new idea launches in the valley, it suddenly breaks into the blogsphere, users start to us, users in India get attracted pass the word word, and voila we all start using myspace, orkut whatever.
Now assume this happened down in Bangalore, budding entrepreneurs risk life and limb , build it and then…wait, emails, calls, tell a few friends, still who cares, who knows..no one, how will they, the people who talk, don’t want to talk, why should they?
You can ask all the journos in the world (bloggers excused :-)), but they are not interested unless they can recognize a name, or you can include the word Crores in your budget or revenue stream…why is that?
In a startup the entrepreneur takes a risk, the VC takes a risk…I guess we need a few more risk takers in the mass media. Correction, we need alot more risk takers in the mass media…just maybe someone will realize that some people want to read stories other that Reliance, Tata and Bharti.
To me the ecosystem is not just money + startups, PR is crucial. Example in point Proto been doing alot top get coverage…how many people know about it.
- Building a startup in 30 mins (well 41ish) – Iqbal Gandham - December 3, 2009
- Should Facebook and Twitter bother to make money? (Iqbal Gandham) - February 17, 2009
- How we got Nivio to Davos (WEF)…and won - February 5, 2009