Creative inventors need creative capital5 min read 15 Sep 2015, 12:51 AM IST
In many cases, the enterprises are social enterprises with positive societal externalities
As a first-gen entrepreneur and professional by training, I have become contemptuous of the local investor community; it uses a cookie-cutter approach with very limited imagination. They would rather blow their cash on an app (without proof of concept) than on a good service model that has growth potential. We pretend in India to be like the Silicon Valley guys, but we don’t really have the b***s!"
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