๐ Looking for a Technical Co-Founder
I'm looking for a passionate Technical Co-Founder who wants to build a real startup from the ground upโnot just work on another app.
I'm looking for someone who:
Has experience with Flutter, React Native, or mobile app development
Is comfortable with backend technologies such as Node.js, Java, Go, or similar
Understands APIs, databases, and cloud infrastructure
Survival of the fittest on a choppy expiry day ๐
Still managed to close the day green with Sensex expiry running wild. โน4.5K+ P&L while both sides were trapping traders โ thatโs solid risk management and patience. ๐๐
LIC made a profit of โน23,469 crore in the last 3 months.
It's more than any other company in the country*. Not even Reliance, SBI or HDFC Bank made such profits.
However, a large part of these profits come from the LOSSES their policyholders bear.
How? If you can't pay premium in the second year, you lose 100% of your investment.
Your insurance company is not bound to pay you anything in the case of long-tenure traditional policies.
If you can't pay after the 3rd year, you LOSE 70% of your investment.
For the 5th year, this amount is 50%.
The shocking part is that 36% of LIC's policies lapse in the second year.
Meaning that policyholders lose everything they invested on 36% of the policies.
For the 5th year, this number is 50% (persistency ratio).
Even if you abide by all the conditions, you get back just 4-6% returns.
The government and the regulator need to work on slashing the first-year commissions to agents (the biggest cause of low persistency) and increasing surrender value amounts for customers.
Retweet if you agree๐
When the game is rigged, no amount of hard work feels enough. Students prepare for years, only to lose trust in a system that was supposed to be fair.
If the rules arenโt equal for everyone, itโs not competition โ itโs betrayal. #NEET#EducationSystem#JusticeForStudents