What could be Indian VC's take...?

Fred Wilson, VC from Union Square Ventures has this take on the dooming fortunes of VC industry. Pretty candid analysis. This is despite the fact that there exists a selection bias on data VC firms choosing to report.

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Would love to look at similar analysis by some Indian VC that gives a true picture of the state of Indian VC investments and the fortunes of its investors. Will some c(d)are...?

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