Total US population: 33 crores
Total Indians in US: 0.42 crores
Total unicorns in US: 290
Unicorns by NRI Indians: 67
Indians are 1.3% of US population, but have founded 23% of US unicorns!
Total Indians in US: 0.42 crores
Total unicorns in US: 290
Unicorns by NRI Indians: 67
Indians are 1.3% of US population, but have founded 23% of US unicorns!
Now imagine the potential of home grown unicorns over the next decade. Talent was never a question, digital infrastructure has been formed in last few years and regulations are more supportive.
One big impediment is the low per capital income in India ($1948) versus USA ($65000), which makes it difficult to sell SaaS/ subscription products to Indian users at scale.
A large young population base should support B2C models, which B2B models will start looking globally.
A large young population base should support B2C models, which B2B models will start looking globally.
The image source is a presentation by @3one4Capital @TVMohandasPai
Since this post has reached Indian tech diaspora in US, an update:
We at @MultipieSocial are building a social network for investors and are hiring a mobile app lead with experience in Flutter. The founding team is CEOs/ CXOs and IIMs, CAs.
linkedin.com/feed/update/ur…
DM me to talk.
We at @MultipieSocial are building a social network for investors and are hiring a mobile app lead with experience in Flutter. The founding team is CEOs/ CXOs and IIMs, CAs.
linkedin.com/feed/update/ur…
DM me to talk.
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