May - 2009 - issue > Venture Perspective
Trends for investment - Salil Deshpande
Salil Deshpande
However, I prefer not to chase trends per se, and rather, focus on the sectors that I know and understand. That forces me to accept sector performance as a baseline, and create extraordinary businesses within the sector, to outperform.
Advice to entrepreneurs
There are always new areas of opportunity, and now is a great time to start a business. Among many random pieces of questionable advice what I inadvertently dole out to entrepreneurs is: your first business should not be venture-backed, but your second business should be.
Salil Deshpande is Partner, Bay Partners
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