Recently, my company (One Point) was trying to shortlist a few agencies in Pune for a web application interface design. While doing research on this, I came across a number of companies in Pune who were doing great work in this area. Since, it is a common requirement for many companies to outsource their interface [...]

Welcome to Recession 2.0! Like Atul Chitnis predicted about 9 months ago:
I guess we can say it now: The Bubble has burst, welcome to the year 2000. Tighten your belts, and get real. Revenues are back in fashion.
What qualifies me to write about this
I am not a business or management guru with names of IIM, [...]

Very recently, I asked a question on Friendfeed:

Does anyone know: What “percentage” of Web 2.0 companies are paying back satisfactory ROI to their investors? If you are equally passionate about food and technology, would you rather open a restaurant or a Web 2.0 service, provided the only decisive criteria are: better ROI and business longevity?

I did not get any responses, but continued thinking on this very vehemently. Apparently, I now have an answer to my question and more. So here goes…