Question for people in the Indian startup scene -<p>It looks to me like the "acquire users first, figure out how to make money later" mindset does not fly in India in general. Would I be right in saying that such companies are a relative minority? How do Indian VCs respond to this mindset which is acceptable in silicon valley?
There are many more that normally haven't taken a deep marketing track (and that remains a challenge).<p>For example check out colama - <a href="http://www.colama.net" rel="nofollow">http://www.colama.net</a> - using VMs for college education; <a href="http://www.emee.co.in/" rel="nofollow">http://www.emee.co.in/</a> (note - this is my employer's product) - gamification of enterprise workflows, and <a href="http://www.kpoint.com/" rel="nofollow">http://www.kpoint.com/</a> - which allows you to record videos and embed them in the website (and often used in many conferences, for internal company presentation).
For people who can't access the website: <a href="http://webcache.googleusercontent.com/search?q=cache:http://www.nextbigwhat.com/growth-stage-indian-startups-297/" rel="nofollow">http://webcache.googleusercontent.com/search?q=cache:http://...</a>
Companies, with diversity in the culture would always win in the long term. Simply because these companies would be able to hire the best, from larger pool of candidates.