Last week, as I chatted with the founder of a fast-growing software startup, he dropped a bombshell. “I want to move our parent domicile from the US to India.”“Why?” I asked. “Your primary customers are in the US. You’re growing fast, with a clear line of sight to $100 million annualized revenue in three years or so. Why would you consider this?”Pat came the reply: “I don’t want to wait a decade or more to go public.”His response was not entirely a surprise though. Indian stock markets are... Read this story
