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Loading… Uploaded by promodhaque on Jan 31, 2012 Promod Haque is one of the most revered private equity investors globally. Haque, a frequent in the Forbes Midas list, has invested in more than 60 companies, producing nearly $30 billion in exit sales value to date.
In an exclusive interview with VCCircle, Haque, a former Delhi University engineering graduate who moved to the USA for a Ph.D. According to Haque, the Wall Street is very appreciative of Indian consumer Internet companies, owing to its strong demographic favourables — in terms of a growing domestic consumption story and a rapidly increasing disposable middle-class income. He also adds that the valuations, particularly for the consumer Internet companies, are extremely overbidden or overhyped and they will soon see a correction.
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Found At: (Promod Haque) http://www.youtube.com/watch?v=MYyeCWUwqTI