Illusion and Reality
We might think we would be seeing a certain thing , but we end up seeing something else . Ok instead of explaining it over…just see this link Dots
This applies to a lot of business situations. We might read a lot of hype of Indian middle class and there is a host of untapped potential waiting for every entrepreneur to capitalize on. But the truth is actually a different one.
The same is happening in the nanospace also. The VC funding has actually gone down this year compared to the yester years , but the hype has reached stratospheric proportions. Who is to see the reality ? What is reality ? Are the high profile professors who are on the anti-nano bandwagon to be believed ? It seems to me that no one can be sure about anything and it holds well in the business of anything , be it in selling (All marketers are liars), predicting the stock price ( Innumeracy : No stock analyst has ever said that stock has gone up / down on a particular day becoz of some random movement inherent in the stock market movements)
Today I received a call from one of my cousins saying that it is much better to invest my time in a BUSINESS and not a technology which is hot/going to be hot in a few years of time. His rationale is that technology might come and go, most of them can be illusions rather than reality , BUT a sound business model which has a good economic logic behind it is most certainly to run in the market.