As an early investor in InMobi, InfoEdge and Shopclues, three of India's billion dollar technology companies, Sandeep Murthy is one of the builders of India's Internet economy. And he hasn't just seen the highs and lows play out as an investor, but has actually roughed it out in operational roles including one as the CEO of Cleartrip in 2006. Today he's a co-founder and partner at Lightbox, a Mumbai-based venture capital firm that works closely with entrepreneurs from across India to build out internet-based business models by investing in technology products and world-class teams. The firm’s most recent investments include Furlenco, Droom, Melorra, Embibe and Faasos. Sandeep did his undergrad in both business and engineering from the University of Pennsylvania as well as an MBA from Wharton.
We recently came across a question that asked if an entrepreneur should focus on their product or business model. At first glance, it seemed to be a very "chicken or egg” kind of question. However, after thinking about this for a while it became apparent that the product and business model are not distinct aspects of a company, but share a Yin and Yang relationship.
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