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Peesh Chopra: Truth about Indian startup bubble - is it happening?

The recent cases of consolidation demonstrate that the market is already in the process of correcting itself

Peesh Chopra 

No time in the history of the planet has so much wealth been legally created, said John Doerr, a venture capitalist. The old economic theories of wealth creation stating that wealth is a consequence of savings or investment or proper government spending failed to explain the phenomenon. No, this wasn’t the classical economy. This was rather described as a well-stocked kitchen waiting for someone to come and exploit its masterful ingredients in order to create a delicacy. This was the Internet. World’s largest distribution channel. Initially only a few saw the ...

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