India, China, the United States and a hockey stick
April 11, 2010
Venture investors look for investment opportunities that show “hockey stick” patterns of growth. In other words, a period of relatively flat growth succeeded by a very rapid and substantial growth in revenue/market share/profit etc.
According to this entertaining presentation of statistics on average incomes, population and life expectancies India and China are well along the path of their own socio-economic hockey stick.
If you have an interest in the economies of Asia and the western world then this Ted talk is worth fifteen minutes of your time.