We are back with this week’s must reads edition, checkout some of the awesome articles that you shouldn’t miss out on from Inc42 and around the web.
The rise of the new angel investors in Bangalore
The number of angel investors in India, has risen from about 300 to over 1000. Over 30% of these are active in any given year (meaning that they have made at least 1 investment in the calendar year in a startup). Most of these investors are “off the radar” and tend to only invest in early stage entrepreneurs they know and trust. They also create a forcing function for investors who used to take their time to invest and string entrepreneurs along to move quicker.
Where did all these investors come from? Read complete article to know more.
Facebook’s secret plan to kill Google — and become the second trillion-dollar company in the process
Facebook is becoming the default web for a lot of people, particularly among the millennials, as The Independent pointed out here, and it is ultimately positioning itself as the social identification layer of the internet, has a thriving ecosystem, and seems to have a pretty clear roadmap for the next 5–10 years based on the last F8 keynote. Truth is that Facebook owns social+pull related activities (discovery, video, events, games) while Google owns business+push related activities (search, calendar, email, drive). What to make out of this analysis is up to you — but it’s going to be lots of fun to watch this play out.
This analysis article is based on the public information that has been disclosed in the past few weeks paired with public insights from thought leaders.