India is incredibly strict on "unwanted sources of money-making"—activities it deems as vices.
I appreciate this approach, though I also recognize that India urgently needs capitalism with more young millionaires to foster a strong VC-startup ecosystem. This would channel money toward hardworking, ambitious individuals, helping the country grow into a larger economy with more home-grown tech innovations.
What draws me to these regulations is my realization, after eight years on Wall Street, that America loses its ethos once a company reaches a billion-dollar revenue share. Profit becomes the sole guiding principle, which is unhealthy for society in the long term.
Money should always be driven by a higher ideal. Pursuing wealth for its own sake may seem glamorous, but it can also be destructive.
India, however, still values good character over wealth, which makes it a fascinating country in my opinion.
India is incredibly strict on "unwanted sources of money-making"—activities it deems as vices.
I appreciate this approach, though I also recognize that India urgently needs capitalism with more young millionaires to foster a strong VC-startup ecosystem. This would channel money toward hardworking, ambitious individuals, helping the country grow into a larger economy with more home-grown tech innovations.
What draws me to these regulations is my realization, after eight years on Wall Street, that America loses its ethos once a company reaches a billion-dollar revenue share. Profit becomes the sole guiding principle, which is unhealthy for society in the long term.
Money should always be driven by a higher ideal. Pursuing wealth for its own sake may seem glamorous, but it can also be destructive.
India, however, still values good character over wealth, which makes it a fascinating country in my opinion.