The Nano graveyard....

[deponti]

We went on a nature/birding walk to Kalena Agrahara today, and skirted the lake at IDBI Bank Layout. I was amazed to see several Nano cars parked, and rusting in the monsoon weather.

Comments

[prashanthchengi]

Sadly, this is a fairly good reflection of how most startups end up; they get an idea that seems halfway plausible, and they try and dress it up and see if they can get some VC money for their idea. Most VCs are more vigilant these days, but if the pitch was slick, more than one might have been willing to invest. What follows is typically mismanagement of funds, and in many cases, a devil-may-care attitude, as the entrepreneurs would have sunk in very little of their own money, and they'd be more than willing to write away their time.