Irrational exuberance / startups/India bubble will burst in next 12-18 months Eco times repeats my prediction!

While India is flying high on a rising mobile eco system and trying to make the most of the rising tide raises all boats, it is equally pertinent to note that when the tides go away, you will know who was swimming without trunks.
Point is this is clearly a bubble that has much in similarity to that of the USA dot com bubble back in late 90’s. It will not sustain.

I had tweeted about it back in March 2015 and maintain my stand firmly.
Eco times had an article elucidating the same point too.

About Naveen Athresh
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