Circa 2001, these were not exceptions but the rule. Websites were collapsing like a heap with similar storylines: frenzied hiring, high overheads, no business plans and no clear revenue streams. The bloodbath sucked out money (read: venture capital) from India's fledgling Net economy and with it, some people faded away too.
Some, but not all. Much of the entrepreneurial fade-out turned out to be transitory and many returned to their start-up ways after a lull, but kept a low profile. Some changed their tack, re-inventing their tech story and moving on to the next best trend. A few went on investing undeterred and went from strength to strength. Only a few hung up their entrepreneurial boots, selling their babies for a price.
Here's catching up the posterboys of dotcom era, boys who were mattered most during the sunshine days of dotcoms.
No comments:
Post a Comment