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This paper evaluates critically the competing explanations for informal entrepreneurship amongst the desperately poor that variously depict such entrepreneurs as a leftover from a previous mode of accumulation, marginalized populations engaged in a survival practice, or voluntary entrants doing so either as a rational economic decision or as a lifestyle choice. Reporting interviews with 871 street vendors in India in the city of Bangalore, each theorization is found to be applicable to different segments of the street hawking population. The outcome is a call for a finer-grained more nuanced explanation of the heterogeneous nature of entrepreneurship in the informal economy.
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