Is it right to criticize Indian companies who took money from Chinese funds?

Fact: Some of the largest Chinese companies took money from outside China to begin with.

Tencent from Indonesia and Netherlands, Alibaba from Japan, Tiktok from US etc.

Please read on..
That’s how markets work. Investments are necessary to drive growth, it ends up creating a win-win situation for everyone.

Long term, there are ways in which you can give exit to investors as well.

We def need to make sure that no one is using this as a hack to control markets.
Instead of breaking TV in your house which you already paid for, it’s much more productive to learn skills and build manufacturing capacity in house.

Giving access to market helps make the market much more mature.
Might make sense to actually empower Chinese companies but push them to open factories in India by offering them cheaper/efficient alternate via subsidy.

This will be expensive upfront but will help workforce learn skills necessary for us to become self dependent at some point.
Please promote Indian products at places where you have a choice. Just don’t treat Indian entrepreneurs badly just because they took money from companies in China.

It’s disheartening to see people criticizing Oyo, Paytm, snapdeal et el.
There’s a trend on social media today about sharing the ownership by Chinese companies in Indian startups. I’ve attached one such funny images here.

If you’re an influencer, know that it’s NOT going to help India.
We shouldn’t share something at this point just because it’ll get eyeballs.

Communicating facts is very critical at this point for the ecosystem.

Softbank still owns 30% of alibaba but that doesn’t make it a Japanese company.

Alibaba still created thousands to jobs in China.
Disclaimer: I don’t have any investors from China & no plans to get someone yet. Just putting logic out there for the ecosystem.

Topic is up for discussion, happy to be corrected via logic.
You can follow @aayushjaiswal07.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: