you keep bringing up infra. Google, Amazon, Twitter, Facebook, Tesla, Waymo, Aurora, Argo, Rivian are not infra investments. What do they all have in common? No Indian investors and plenty of Chinese ones. they are the companies that represent that next 5 trillion dollar economy for the US. You can’t compare the two. Infra spend is expected and something that India should be doing. But don’t expect to be a world leader unless you play in the VC world. If you ask these companies to choose their loyalties, which country will they pick?
to the entrepreneur, it doesn’t matter how they revived the money as long as they recognize the VC brand. They can put the money to work to create investor value.
you are thinking about investments into Indian startups in India. In 2022 that is slated to be around $50b. It is still 6 times smaller than the US. If you want a seat at the leadership table, india needs to create interdependence between the US and India where both countries succeed by working together. This is done by investments into US firms at an early stage. For india, it is imperative that it backs its diaspora with cold hard cash to go out and conquer the world. That is how the Spanish, the British, the Americans and now the Chinese operate. If you can’t see that pattern; it’s a bit silly to keep harping infra investments. We need to play ball in the countries where we want to grow our presence by being outward facing and not just insular with FDI coming into India.
Nope…none of those companies you mention are a real priority in India now except for jobs. We are not going to have Waymo driverless cars in India for a long time. And as far as Twitter is concerned, Indian alternatives like Koo are gathering pace and chances are that they will replace Twitter in India.
Google and other major companies are institutionally owned now and even in during their startup days hardly received any moneys from the money laundering organization called the CCP. Amazon was never VC funded by the way. Google, FaceBook and Twitter were funded by American VC companies and private individuals. Chinese CCP have no role to play in these top companies.
Tesla was not VC funded either. It was funded by US tax payer loans until publicly listed. Again no Chinese CCP‘s dirty hands in Tesla. Only Obama’s. There is not a single strategic company in the US that has grown through CCP moneys. I don’t know where you are getting this from. The CCP cannot invest in the US due to the patriot act in force since 9/11 which prohibits laundered moneys.
The CCP has directly stolen technology through illegal hacking and running a den of thieves at their Houston consulate (shut down now) Plus CCP military affiliated “scientists“ directly stealing university research. And that is the hole the US is shutting down. They did not gain any technology through their “VC investments“. Lol. This is a ridiculous argument to make.
Anyine advocating the CCP criminal money laundering ways to invest in startups and gain control over technology is nuts. It has never worked and will never work.
in fact india has important technologoes like gas turbines that the Chinese don’t.
on infrastructures Google at the end of the day is a glorified search engine powered by ad revenues. While digital infra is key, we are talking about business applications like Microsoft Office, SAS, SAP, Apple or Adobe etc that improve productivity and government interfaces with the public. Data centers are another area where Amazon, Google and Microsoft play good roles. Android phones are a key. Networking infrastructure from CISCO, Juniper etc are important. Facebook and Twitter are useless and not a necessity for sure.
In any case, digital infra investments pale in comparison to hard infra investments. Hard infra investments are the real wealth creators - better roads, water, health, education etc. I don’t think a poor person is thinking about an AI powered search engine LOL.
