@bosmeny "Please tell us about the time you most successfully hacked some (non-computer) system to your advantage?"
- Got into YC and dropped out before signing SAFE.
Generated attention from every VC in tech without handing over 7% of my equity for peanuts.
One persona to avoid while hiring for startups is the Smart Skeptic.
The ones with high IQ, great skills but low conviction.
Skeptics sound clever but they rarely deliver..
It is the believers who get results.
Skeptics see walls.
Believers find the doors by looking around the corners.
The smart skeptic is the worst kind of person to have on the team.
They tend to be influential and bring down the cumulative belief of a group.
Startups are an exercise in conviction.
Optimism is a startup's engine lubricating oil.
The belief to pull off something hard and new is a startup's asset.
Skeptics blunt these edges.
Beware.
@dasanil@arpitrage Surprisingly this is the most popular product in India, during rising interest rates.
Tenure is capped at 25-30 years. Typical tenure in India is 15-20 years.
@dasanil@arpitrage It’s not fixed rate.
The interest rate changes, EMI remains the same resulting into variable term.
Calling it fixed rate is certainly not correct.
@amrishrau No Sir,
The digital infrastructure is created by likes of TCS, Infosys. Startups can’t win those tenders.
This preference for IT services coupled with no SW patents is why India lost tech innovation to China.
Of course, am talking about SW Startups and not food delivery Startups
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@j_bambrick More than socialism, it’s Europe’s or rather I would say Brussels’ focus on regulations. Things don’t get built and economies stall when it’s regulation first, build later.
SUPER APP SUMMER
X is building a Super App.
So is Coinbase, Robinhood, Revolut, Kraken, Square, Paypal.
A SuperApp enables:
- Peer to peer payments
- Cross asset class trading
- DeFi
- Alts
- Tokenized equities
The backbone for all of these apps are Stablecoins.
Focusing on the picks and shovels layer is a way to bet on the growth of the Super Apps.
The institutions are here.
Not the JP Morgans, but the next gen players.
whitelist → early access
gas fees → transaction fees
yield → interest
fiat → car brand
It’s time for crypto bros to stop inventing a new buzzword for everything
@abhitejxyz@PratyakshInani One of the toughest calls a founder has to take. Really sorry to hear about your hack. You guys were doing really well.
Comeback will be spectacular, I am sure.
@buntyverse please DM me. I know someone who will be glad to have you on their team.
@ShivAroor Software patents — we can’t have a product nation built without patent protection.
Unless that happens all the technical innovations will keep getting copied by non-innovative software services industry and that means serious capital will never flow to India’s deep tech sector.
An important step in that direction is to allow software patents in India. Without that we will always be a country of service providers.
@PiyushGoyalOffc@PiyushGoyal
Indian startups need a reality check. They are too focussed on food delivery apps, using unemployed youth for cheap labour - This was Commerce Minister Piyush Goyal's message to Indian startups at the second edition of Startup Mahakumbh 2025 in Delhi. #Watch#PiyushGoyal #indianstartups #chinesestartups #robotics #fooddelivery #quickcommerce #deepseek #cnbctv18digital #startupmahakumbh