When the first wave of Indian entrepreneurs tasted success in the pre-dotcom bust era, most of them either cashed out, or invested the money back in their startups. Helping out other entrepreneurs was not in vogue.
Cut to 2015, and the scenario has changed completely. The new breed of entrepreneurs are chasing higher marketshare, startups are garnering record venture capital investments, and valuations are rising to crazy levels. And one more thing: entrepreneurs who are riding high on valuation are helping out newer startups by investing in seed capital and later rounds. And they are joined by individual angels and successful businessmen, who are chipping in after retirement.