Many years ago, India was primarily a third party services ecosystem. There were a dime a dozen third party IT service companies and BPOs. This wave ran out of steam soon enough, leaving in its wake unemployable skills and managers. And all around us were complaining op-eds on how India does not have any products and has only services.
Cut to today. Whether we have products from India or we dont, we have start-ups. We have had them for a few years now, but what this ecosystem has created or led to creation is some really cool tech talent. This kind of talent either did not exist or was hidden, but the start up ecosystem has made this the talent very desirable.
Start ups are formed, many fall by the wayside, some become big - the ones that fall by the wayside try again, the ones who are big enable many people to make money some of when pour that back into an idea that they are passionate about and every single such action leads to creating an ecosystem.
Thoughts as I interacted with an Indian start up that has built a rather cool tool - that finally, there are interesting products (and startups) that are Indian and that there are many such startups.
Cut to today. Whether we have products from India or we dont, we have start-ups. We have had them for a few years now, but what this ecosystem has created or led to creation is some really cool tech talent. This kind of talent either did not exist or was hidden, but the start up ecosystem has made this the talent very desirable.
Start ups are formed, many fall by the wayside, some become big - the ones that fall by the wayside try again, the ones who are big enable many people to make money some of when pour that back into an idea that they are passionate about and every single such action leads to creating an ecosystem.
Thoughts as I interacted with an Indian start up that has built a rather cool tool - that finally, there are interesting products (and startups) that are Indian and that there are many such startups.
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