Bombay Shaving Company CEO Shantanu Deshpande, in a post on LinkedIn, compared Bengaluru’s startup culture to IIT coaching in Kota in 2005, labeling it as an “ecosystem delusion.”
Drawing a parallel between the two, he noted that just as many students in Kota falsely assumed that being there guaranteed success in the IIT-JEE exams, many aspiring founders in Bengaluru believe that proximity to the startup scene is enough to ensure success.