If you want to get a quick status quo on opportunity areas it’s good to ask Sanjeev Bikchandani who saw Internet as an early opportunity. Being an early bird has the advantage of success without competition but equally unforeseen events and untested markets posing challenges. Sanjeev Bikchandani has seen it all and continues to bet on Internet in addition to mobile. In a quickfire Q&A with YourStory, he gives his impactful one liners.
On the Startup Ecosystem
Many more people are now becoming entrepreneurs. Entrepreneurship is increasingly becoming a mainstream choice and is now socially acceptable. There are more role models and mentors than before now.
Access to capital is still very hard
Traits of Successful Entrepreneurs
Drive to succeed, commitment, passion, competency and domain expertise
Areas of Big Opportunities
Consumer internet and mobile are huge. With 4G coming in, mobile is now a huge space.
Focus on the business, not on valuations