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.

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The startup hype curve!

Not a single day goes by without the newspapers screaming with headlines suggesting <XYZ> E-commerce company making waves and raising <X> USD venture funding. Friends, family etc. everyone are trying to jump onto the e-commerce bandwagon and everyone wants to come to the party and hopefully, make some quick bucks. I see history repeating here in India and I want to caution my readers about the craze surrounding:

1. Startups, 2. E-commerce boom, 3. Startup boom (not as a way to solve real customer problems but as a way to make easy money)

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