While VC BlueRun Ventures’ Vineet Buch says social media is sizzling in the U.S. Internet market currently, he expects a modified version of it seeing success in India [via Mint.] Buch, who co-founded two Silicon Valley start-ups, Riya Inc. and Karient Inc. before signing up with the Menlo Park-based VC two years ago, says Indian entrepreneurs hoping to make money from a purely online social media business are probably betting on the wrong horse. ” It
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