It is interesting to see Tech Crunch article ( https://techcrunch.com/2019/11/24/paytm-1-billion/) that PayTM is raising a $1 billion in a new round funding. Tech Crunch article says that it has raised a total of $3.3 billion todate. I don’t have any details but reading between the lines, I see it…

We are coming back a full circle after this last cycle. Cash is a commodity was the mantra during dotcom cycle and we know where that got us. This cycle was all about the growth/land grab as plentyful cash was available very cheaply. Or so every body believed.…

Indian middle class ethos are pretty clear. There are constant exhortations: Beta Doctor Bano ( Son become a doctor); Beta engineer Bano (son become an engineer). No parent ever says “Beta entrepreneur Bano”. There is further advice to settle down, find a good job, time to get married,…