It's ok to fail, as India's tech industry makes shift in culture
Silicon Valley graduates returning home with better acceptance of risk and failure to fuel creativity
Add BT as a preferred source
Bangalore
AFTER ping pong tables, motivational posters and casual dress codes, India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture credited with fuelling creativity and success in the United States.
Taking failure as a norm is a major cultural shift in India, where high-achieving children are typically expected to take steady jobs at recognised firms. A failed venture hurts family status and even marriage prospects. But that nascent acceptance, fuelled by returning engineers and billions of dollars in venture fund investment, is for many a sign that India's US$150 billion tech industry is coming of age, moving from a back office powerhouse to a creative force.
Copyright SPH Media. All rights reserved.
