Of startups and investments

Sometimes, I wonder, where the world is headed to. I see a lot of startups in Bangalore,
each one
  - trying to bring something new to the consumer.
  - trying to compete for market dominance.
  - trying to make money (well are they?)

We hear of the startups
- which provide software/app for cab services
- which provide software/app for bringing groceries to your home.
- which provide software/app for online shopping.

And there are many like this, also I see a lot of competitors for each of the genre.
I mean many people providing software/app for cab/groceries.

So, what makes me really wonder is though some of the startups are making money,
- are these startups really necessary
- No wonder these are providing opportunity for many people in terms of employment,
- But weren't there days when they did not exist and we still went ahead with daily chores.
- Haven;t we not arrived at days where we we are trying to automate/simplify things which are not really complicated in the first place.
- For example - driverless cars. app to open the car/start the car - I mean do we really need this.

What I am trying to understand is, are we trying to over think and create problems out of things which were really simple to accomplish? I know driverless cars shall help lot of people, but really, hailing a driver / cab should be simpler? dont you think so?

Found this below image, just wondered where the world is headed to. I just wonder, why people are funding such vada pav selling startups in the first place,

Cheers!


2 comments:

  1. Moreover, the hype is unfounded. In any other business, they have a good plan as a foundation for business and they execute it by taking loans. These ppl just create unnecessary hype to sell somebody else's Vada Pav :P

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  2. Most people are waiting to sell off their business to some international players and turn into investors themselves, or turn into some other fooling business!

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