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This article is very shallow. I would say it wrong to assume that there is ever going to be a drought of customers. Investors with risk appetite? - may be, but there can never be a drought of customers.Oh, there can easily be a drought of customers. The article covers specifically the Indian market for one, but even in the US, with the squeezed out middle class, there can very well be a drought of customers.
>Here is the real picture: there are over a billion customers in India.
No, there are a billion _people_ in India, which is a different thing. Even if you bypass the starving masses, the actual internet ready audience for what an internet startup might sell is smaller than the US, less adopted to the internet way of doing business and with less money.
>They need something. All you have to do is open your eyes and ears and figure out what they want the most. Solve a pain that people currently have.
Well, most of their problems have nothing to do with what an internet startup can offer. Hence a "drought of customers" for internet startups.