After the exuberance comes the reality check. E-commerce in India is warming up for a course correction as funding slows down, bigger deals get fewer, and investors take stock and ask start-ups how they plan to make money. The big boys will continue to get funded, but the days of easy money may be over.
2/ Though there was some bubble and some froth ???? - classic VC speak but there is a difference IMO.
— Avnish Bajaj (@avnish) August 26, 2015
If you're one of those over funded startups pray you don't do a down round. For others, conserve cash, take just enough.. Winter is coming.
— rishi khiani (@urbaneye) August 25, 2015
No more easy money. @venkyganesan says winter is coming for companies that can't show a path toward profit. http://t.co/ej2ICt8Jgb
— Menlo Ventures (@MenloVentures) August 24, 2015