Why are best of Indian entrepreneurs from Silicon Valley?
By SiliconIndia | Wednesday, 13 July 2011, 03:13 Hrs |
1 Comments
If is one looks at all the successful startups in the world, 70 percent of them would trace their origin to Silicon Valley. The Valley has a legacy of producing some of the best Indian entrepreneurs in the world - Vinod Dham, Vinod Khosla, Bharat Desai, Gururaj Deshpande, Vivek Ranadive, Abhi Talwalkar, KB Chandrashekhar and more who took their humble startups to multi billion dollar empires today. What makes the Valley a fertile place that it for years has churned out some of the best startups and leading entrepreneurs?
1. Failure is an option

Silicon Valley is well known for its open acceptance of failure as a rite of passage, unlike other geographies where failure is frowned upon and considered a stigma. If an entrepreneur is known to have a failure behind him, there is more chances for a VC to back him in his next venture. Since failure is seen as a sign of maturity and experience, it encourages the entrepreneurs to take bold risks and not allow fear to rule their decisions.
1. Failure is an option

Silicon Valley is well known for its open acceptance of failure as a rite of passage, unlike other geographies where failure is frowned upon and considered a stigma. If an entrepreneur is known to have a failure behind him, there is more chances for a VC to back him in his next venture. Since failure is seen as a sign of maturity and experience, it encourages the entrepreneurs to take bold risks and not allow fear to rule their decisions.
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