Bangalore is widely touted as the silicon valley of India. Truly, can any place in India be called Silicon Valley. Silicon Valley is not made by multi billion corporations, but by enthusiastic techies who want to create change in the society. It is the prevailing culture which is responsible and not any enforced rules. Entrepreneurs are respected rather than a realtor having hoards of land. Where in India can you find such a culture. Here, respect is given in terms of the bank deposit he/she possess. Naturally, techies will tend to work in 9-5 jobs, have an onsite once in a year and give more emphasis to bank deposit rather than what he/she likes.
We can see Angels and VC's around us. But the problem is they are also same like majority who need to see the results within months and not ready to wait a couple of years to achieve break even.
In United States, a hacker creates a startup and say it fails. After some time he can come with another idea and angels will be there to back him. Can any one imagine such a mindset in India ?
Can we have a Silicon Valley in India?
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