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Paypal founder Peter Theil’s ’20 under 20′ fellowship is almost a fable among young entrepreneurs and students in the US. Reuters

Speak to any entrepreneur in India and you can have a drinking game on how many times he or she says ‘ Silicon Valley’.

The Indian entrepreneurship ecosystem is in a global race. Only, what’s a relay for its peers is an obstacle race for us. Though this constant comparison with the Valley is ambitious, it highlights the ambit of constraints within which our ecosystem operates. There are three things that fundamentally distinguish the two—the lack of product innovation, quality of mentors and an M&A scene that doesn’t inspire big exits.

To read the original article: Why Indian entrepreneurship is a far cry from Silicon Valley | Firstpost