Beware the Incubator Bubble is about to Burst
The startup ecosystem in india is quite interestingly poised today. Fred Wilson has written a good post which explains quite succinctly how a startup ecosystem evolves in a certain geography. You can roughly set the age of startup ecosystem in India to 10 years (starting from 2000 - IT revolution). During this first decade there have been quite a few successful startups created and exited. Two interesting things happened during this time. First, it created a lot of second time entrepreneurs (referred as STE’s henceforth) who have learnt from success or failure of their earlier ventures and are now more seasoned to start a new venture, and second, it created a lot of HNI’s either through successful exits or those high paying MBA jobs. This I would say has set us into second decade of the startup evolution. We now have seasoned entrepreneurs (STE’s) and a lot of money to be invested in. Ofcourse a lot of VC’s have also started focusing in India, but that is only natural thing to happen not dramatic (HNI’s looking to invest in startup is dramatic). ...