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Fly-by-satire

Today, another MIG-21 crashed in Haryana. Thankfully the pilot was safe and apart from a big ass crater in a field, there was no major damage. With 6 MIG-21 crashes in this year alone, the IAF has lost over 100 pilots in 283 accidents between 1993 and 2002. Till date it has lost over half…

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Herd Capital

Everyone’s aware of the herd mentality. Be it iPods, bigger and bigger cars, or even a Twitter account.
I’ve noticed similar mentalities in the VC industry. Why do we seek the safety of the herd?
Here are a few examples of it, and also the effects of the same on industries.