Tech trends and business ideas

All things that motivate entrepreneurs

Wednesday, May 09, 2007

End of tech fad, is it ?

I thought VCs giving up serenading tech paradigms (citing lack of disruptive startup ideas) is just India specific. Many VC firms in India have already invested in many other industries including Financial Services, Capital Goods, Infrastructure and so on.

I was in for a shock when I read this. A symposium of venture capitalists to be held next week in Mountain View, CA intends to shift its focus for the evening from the next big thing in the high-tech world to one of the older businesses on earth: real estate.

Déjà vu…Indian VCs can finally take some credit for setting trends – how to give up and shift focus (before you bite the dust)…!
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