Beaware of Bubble 2.0. Investors will be prosecuted

Posted by Abbas ||

January 28, 2008 ||

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Bubble 2.0 Everyone one wants to be a reason or a part of a tech start-up, entrepreneurs are more accessible now and more in number than ever before. Start-up is the buzzword in the tech industry today. Venture Capitalists (VC) have loads of moola in banks and are investing heavily in new ideas and concepts.

I attend one of the conferences last week in Bangalore, India. At the conference one of the VC’s mentioned that he has 100 Million Dollars to be invested in India tech industry over the next 6 months and he is looking for the right Idea and the team. I am sure the VC’s have seen and heard a lot of ideas and concepts and they can gauge (to an extent) as to which will work and which won’t.

However I think VC’s getting over optimistic is a red flag and which is what we are seeing now. There are more than a dozen concepts (won’t take names) which I personally thing do not have a strong business model but managed to get VC funding.

Watch the Bubble 2.0 Video:
I sincerely hope that we wont see another bubble.