Fri 21 Feb 2014
“Indians prefer to be in the services sector and would not want to get into experimenting on products business, which is a high-risk, high-reward proposition,” says Prakash Advani, Regional Manager, Asia Pacific, Canonical.
‘It all depends upon the DNA. If you need to be in the space, you need to have the mindset of taking the risk for high rewards. Even if one is willing to take the risk, the company needs to be incorporated in the US, so that VC funding becomes easy,” says Prakash.