Little Red Book

This is a Chinese fashion house that’s raising $200 million from Tencent at a $2.5 Billion valuation. Have you heard of this fashion house and retailer at all? It’s easy. Google. See. But that’s not the point. Myntra started years back. Some good guys did what they did with it. Before it was bought over by a aggressive marketplace. It still does well enough to be quoted here and there. But no more. I don’t see it as a house of fashion. Neither are any of the other marquee brands…

Flipkart – Beyond the Screen

Everyone has now written about Flipkart. Everyone knows about the payoff of $16 billion. Everyone is happy and everyone has gone home. Save a few who wonder what could have happened. So, what could have happened? Ever heard of ATB? No, not the Anti-Terrorist Bureau, people. It is Alibaba, Tencent and Baidu. The three startups in China that grew up indigenous in China. The startups that did not take VCs at every turn and bring down their stockholdings. They were supported by the government policies of China. they made it…