India’s entrepreneurial future
Few countries have more entrepreneurial potential than India. It?s home not just to the wave of IT offshoring firms of the 1990s and early 2000s, but also to some of the most interesting unicorn tech startups in the world, including Freshworks, Paytm, Oyo and of course Flipkart, which sold to Walmart last year for $16 [?]
- The book is one part travelogue, one part analysis, and one part biographical bookshelf that together paint a complicated portrait of India’s growth ambitions and challenges to scale.
- Unlike China, which created friction in market entry for foreign tech companies, India has been reasonably open.
- The thinking is that, “China has produced Alibaba, Tencent, and Baidu [… but] India hasn’t produced any major global stars yet.
- Beyond just policy, Crabtree sees a major challenge for all foreign tech companies, but particularly those operating social networks.
- In a prime example of the connection between immigration policy and technology leadership — the FT put out a deep-dive analysis on the rapidly growing Toronto tech and startup scene, with much of the expansion attributable to Canada’s talent-friendly immigration policies.
- Intel cancels agreement with China chipmaker in fight for next generation chip dominance Photo via Intel Corporation