The one lakh wonder

There was a time last year that I thought that if I become a proper successful VC, I would have achieved it all. The events of past one week have changed my perception. I think I will still be a VC long term, but I wouldn't have achieved everything by becoming a VC.

Ratan Tata has done what no sane VC would have bet its money on. Yes, there are those valley VC's who bet on companies like Google but those were bets. The concept of rupee 1 lakh car (2500 USD) was not a bet. It was an accurately calculated risk to failure. That's what every one from auto industry said.

To come up with success against such odds is the sole prerogative of the entreprenuer. If the entreprenuer is a game shooter ( only fowl please!), then the VC is one who sells the gun. In this case, I think, Ratan Tata was motivated not by the profit but to leave a world class legacy behind. As they say in hindi , " sunehre aksharon mein itihass likhna" = writing history in letters of gold.