Results of VentureWoods 2008 India Venture Polls are out!
Interesting findings:
- Activity is predicted to shift to areas that have been a “wait and watch” last year – mobile data services, ecommerce, online education, local language etc. It will be interesting to see if these remain at that stage or finally mature. A lot of the bet is perhaps on rapidly increasing penetration of internet (web and mobile).
- Areas already attracting investments like social networking, online travel and ad networks are way lower – in my view, areas that should not be ignored because these areas should start offering visibility of substantial markets, and hence the possibly to offer innovative solutions.
- Most people believe venture capital will remain on a roll. The hope is that “genuine” innovation will start getting attention. IMHO, concept arbitrage itself has plenty to innovate around, and I personally wouldn’t be stuck on this one.
What do you see in the crystal ball?
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Alok the chart also has social networking in it. That seems pretty interesting. You also have invested in BharatMatrimony which is one of the application of social networking.
Alok I am Research Analyst at EmPower Research, global research and media services company. We are conducting research on Social Media Space in India.
I would love to interview you for better understanding of the category. My contact add is nshekeb@empowerresearch.com OR 09886863472
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