Overview
- Amit Kumar, a former Meta vice president, said he left his U.S. role in 2023 to build a startup ecosystem in Bihar.
- In his LinkedIn post, he said he raised Rs 130 crore in pre-seed capital from global investors but still struggled to execute.
- He described encountering self-interest, weak accountability, and a lack of transparency rather than a shortage of ideas or funding.
- He acknowledged relaxing processes due to emotional ties to Bihar, saying that misplaced trust was exploited.
- He wrote that operations have shifted outside Bihar by choice and expressed hope for progress grounded in integrity and discipline, with media reports reflecting his account rather than independent verification.