Re:Ask HN: Why can't India produce homegrown Tech Product fi...
by owebmaster on Friday January 20, 2017 @07:17PM
(#13448028)
> convincing investors to back ideas here from India and most importantly educating them.
Why do you think someone is going to back your idea if a foreigner can operate overseas and get all your market? That is why you are spending 40-60 of your time doing it (and probably without success, like all but few startups).
You will not have investor confidence without a big success, like Yahoo or Alibaba. And you don't have a local big success if every company in Silicon Valley has an advantage over you. I'm from Brazil, so reality here is very similar with India.
Why do you think someone is going to back your idea if a foreigner can operate overseas and get all your market? That is why you are spending 40-60 of your time doing it (and probably without success, like all but few startups).
You will not have investor confidence without a big success, like Yahoo or Alibaba. And you don't have a local big success if every company in Silicon Valley has an advantage over you. I'm from Brazil, so reality here is very similar with India.