Hubris around 'born-to-be-sold' startups

National economic benefit is not only about creating wealthy entrepreneurs, but also about creating long-living companies

Critics disapprove of my views on startups as expressed in my column, “Against dual class shareholding” (August 15), apprehension about government protection for startups (March 2) and questioning how much real impact startups can have in the near term (September 15, 2017). I am emphatic that startups are good for India. I worry about the hubris around startups as though they are the magical solutions to issues of economic growth and job creation. I worry that many Indian startups are born to be sold. (Worth reading a paper by Christian Livi and Hugues Jeannerat in Maison d'analyse des processus sociaux