The Rahul Yadav Story • Hacker News Board

Re: The Rahul Yadav Story

#11

Post by blrgeek » Sat, Jul 04, 2015, 1:56 AM UTC

debarshibasak wrote: post #6

This story reminds me of Boo.com during the dotcom boom. I wonder if india's startup culture is bubble and it is soon going to burst.

There is a newly available 150 Million middle-class with smartphones and Internet.

The huge market in each city (Bangalore alone has 1 Million IT folks, middle class is ~5 Million), the high density (10K/sqkm), high Internet penetration, make this a market comparable to the largest US cities. These cities now have critical mass to kickstart new product companies.

The daily friction of life is so high, that home delivery/ecommerce is changing the entire retail landscape including in food and groceries, and soon in services too.

Bangalore is on par with SF on food/grocery delivery, and perhaps ahead on services delivery (see home medical service startups like Portea.com).

Startups are not a bubble per se. We need more startups to smoothen out the rough edges of life in India.

However, late stage valuations may be in a bubble. In the early stage, valuations are moderate.

Re: The Rahul Yadav Story

#12

Post by srean » Sat, Jul 04, 2015, 12:24 PM UTC

blrgeek wrote: post #11

debarshibasak wrote: post #6

This story reminds me of Boo.com during the dotcom boom. I wonder if india's startup culture is bubble and it is soon going to burst.

There is a newly available 150 Million middle-class with smartphones and Internet. The huge market in each city (Bangalore alone has 1 Million IT folks, middle class is ~5 Million), the high density (10K/sqkm), high Internet penetration, make this a market comparable to the largest US cities. These cities now have critical mass to kickstart new product companies. The daily friction of life is so high, that home deliv…

Quick question: If one were to look for such quantitative figures that you provided what would be a good way to find them.

Re: The Rahul Yadav Story

#13

Post by blrgeek » Thu, Jul 09, 2015, 4:07 PM UTC

srean wrote: post #12

blrgeek wrote: post #11

Earlier quoted context omitted.

There is a newly available 150 Million middle-class with smartphones and Internet. The huge market in each city (Bangalore alone has 1 Million IT folks, middle class is ~5 Million), the high density (10K/sqkm), high Internet penetration, make this a market comparable to the largest US cities. These cities now have critical mass to kickstart new product companies. The daily friction of life is so high, that home deliv…

Quick question: If one were to look for such quantitative figures that you provided what would be a good way to find them.

Was from Wikipedia + Google + back-of-the-envelope.

Didn't find things in one place.