By Arun Natarajan At the dawn of 2014, ad industry executive Ramesh Srivats had jokingly predicted : Flipkart will get a few hundred million dollars from VCs in March, July, and maybe November. With Flipkart raising $1000 million in July to add to the $210 million raised in May and spending (a reported) $300 million on Myntra.com in April, I wonder if Srivats was joking at all. And, if not, what numbers Flipkart will spring in November. The billion dollar deal making it to front pages of mainstream newspapers along with new Whatsapp/Airbnb/Uber triggered waves from Silicon Valley, makes an (unfortunately) old timer like me wonder if “I have seen this movie before”. Flashback The star deal of the 2000-2001 era was of course Sify’s acquisition of content portal IndiaWorld for about INR 500 crore (small change by today’s billion dollar standards but “eye popping” was the descriptor used for it in those days). That “mega” acquisition was promptly followed by companie...