Apart from Webvan and Pets dot com, there are the following:
- Boo[dot]com selling branded apparel online. Now, Zappos, Gilt and a host of other ecommerce players are doing successfully.
2. Flooz/Smartmoney/Beenz. They were building digital currency more than a decade before bitcoins. Flooz commercial ... (more)
Product companies face a lot of risk. That is true of India, US or anywhere else. However, unlike in the US, Indian companies face extra hurdles:
- Venture System: Product companies require a strong venture ecosystem. Although, Mahesh Murthy and others are doing their part to develop a foundation, India doesn't have the capability to fund companies of the s...
Too much of the startup world focuses on the mechanics of starting a business.Whilst it’s good to move fast and stay lean, it’s time we made our businesses more human and in the... (more)