The Big Fight: Start-Ups - Unleashing India's Entrepreneurial Energy
Of late, Indian start-ups have been grabbing headlines for all the wrong reasons - layoffs, sexual harassment, a dip in funding, closures - to name a few. So, is the start-up bubble about to burst? Is it going the 'dotcom' way or are we being too cynical towards a sector where historically the failure rate is at 90 per cent? There are issues that afflict the start-ups but with jobs drying up in traditional sectors, start-ups are the best bet to drive the job market. Even if the venture fails, people working in start-ups are regarded highly by corporate when it come to hiring. Should the government then provide extra fillip to start-ups like easy exit in case of failures?
