Successful entrepreneurs, they say, make the best venture capitalists. While there are several venture capitalists who have never been entrepreneurs but hold stellar records as investors, the premium attached to an investor who has been down in the trenches himself is understandably higher. Also, when such entrepreneurs turn to investing in new entrepreneurs, the startup eco-system gets enriched in a way that is altogether unique. NR Narayana Murthy brings that much sought after unique value to the Indian startup eco-system with the launch of Catamaran Venture Fund.
Murthy turning venture capitalist in itself is not exceptional. India already has a small but fairly influential band of successful entrepreneurs who have brought their experience to bear on venture capital. Read the full story
