Father Of India Dot Com Craze Gives A Thumbs Up To America

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Rajesh Jain is the guy who started the dot com craze in India when he sold his dot com for I believe over a hundred million dollars to a local big shot Indian company. Rajesh got his education at Columbia University in New York City. Then he went back to India and has been doing big things since.

The first time I met Esther Dyson was at a NY Tech MeetUp. And she mentioned Rajesh Jain's work in that very first conversation.

Crisis: Opportunity For Greatness For Obama

Rajesh and I have exchanged emails over the years. I like to drop by his blog when I can. He is on my must meet in person some day list.

Rajesh' blog post today is one that many Americans could benefit from reading.

Rajesh Jain: The Secret Sauce of the US: The entrepreneurial energy in the US is still alive and kicking. That is what creates companies like Google, Apple, Cisco and Facebook. ..... There is that inherent belief that the world needs a better mousetrap - and they are the ones to do it.

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Bloomberg: India's Economy May Expand 9.7% This Year, More Than Forecast, IMF Says: “Low reliance on exports, accommodative policies, and strong capital inflows have supported domestic activity and growth,” the IMF said in the report. “The rapid pace of domestic activity, evidenced by rapidly rising inflation, led the central bank to increase the repo policy rate.”