And it means venture capital investors backing such companies—unicorns, in some cases—are probably poised to make huge returns. Some investors have labelled this phenomenon “topi investing”. Now, when that last fool is nowhere to be seen, venture capital firms are worried about the house of cards that they themselves built. This is the right time to be investing as the mood is softer—in the right start-ups in disruptive areas. Due Diligence will run every week and cover issues in India’s venture capital, private equity and deals space.

Source: Mint September 20, 2016 20:37 UTC