Is it just me or does the Indian startup ecosystem reward storytelling more than actual building?
Been thinking about this for a while.
Every week I see someone raise a seed round with a pitch deck, a landing page, and 3 users. Meanwhile someone quietly building a real product for 2 years with paying customers can't get a meeting.
The ecosystem seems to have inverted somewhere.
We celebrate the announcement more than the product. We celebrate the round more than the revenue. We celebrate the founder story more than what they actually built.
And I get it — distribution is real, narrative is real, investor optics matter.
But at some point I started asking — who is this whole thing actually for?
Because if a startup's biggest milestone is a TechCrunch mention and not a customer problem solved — something went wrong somewhere.
The part nobody says out loud: a lot of what we call "startup culture" in India is just performance optimised for the next round. Not for the person the product was supposed to help.
Curious if others feel this or am I just in a cynical phase.
What actually changed for your startup the moment you stopped caring about optics?