Digital unsecured lenders (like CRED and others) have an advantage as they get access to data via APIs which lowers the cost of underwriting and can reduce the probability of default.
Lending is becoming the major monetisation channel for a lot of companies. We analysed the unit economics for a few lending companies and decoded how economics for lending works. A short 🧵
Here's the excel with calculations: https://t.co/iuhrea0lZH
The UX (application → approval → disbursal) plays a significant role in determining CAC because of its sensitivity to the conversion rate. B2B2C distribution can offer a lower CAC but is slower to convert compared to B2C which requires a lot of top-of-the-funnel optimisation.
3. Power of Habits: The group took up varied habits such as reading, meditating and fasting and helped each other develop habit loops to stick to. Some of them also meet every Friday for a group meditation practice!
After 16 incredible sessions with @mukeshbansal06 , 4 in-person onsites, inspiring speaker sessions (@kunalb11 , @lkeshre and @subratamitra ) and an impromptu flashmob (yes, we take ‘stepping out of the comfort zone’ very seriously), we wrapped up the second cohort of ELD.
2. Winning one thing: Whether it is strategy, product or growth - there was a mindset shift on focusing deeply and getting 10x better; finding a spike rather than hedging.
89.5 Kms peak altitude achieved. Vikram-S rocket meets all flight parameters. It's history in the making for India. Keep watching https://t.co/p2DOuRFiIA
#Prarambh#OpeningSpaceForAll
Mission set. Happy to announce the authorization received from IN-SPACe yesterday for 18 November ’22, 11:30 AM, after final checks on readiness and weather. Here’s our #Prarambh mission brochure for you. Watch this space for the launch live link.
#OpeningSpaceForAll
This is a major milestone for the Indian space industry and marks the first time that a private entity has built a rocket from scratch and launched it into space. Many congratulations to @PawanKChandana and the entire team at Skyroot for this massive feat. Exciting times 😀
.@SkyrootA is on the cusp of creating history. The country’s first privately developed rocket, Vikram-S, is poised to create history as it undergoes final launch preparations at the ISRO launchpad in Sriharikota.
Thrilled to announce #Prarambh, our maiden launch mission, also the first for the Indian private space sector, with launch window between 12-16 Nov '22. Thanks to Chairman @isro for unveiling our mission patch and @INSPACeIND for all the support.
Stay tuned🚀
#OpeningSpaceForAll
Some observations
1⃣B-model impacts the product & separating it from the product discussion is a mistake
2⃣Users want great products like Instagram, Youtube, Whatsapp & can tolerate ads
3⃣SaaS works for enterprises as it can 📉capital expenses; pricing 📈 as topline impact 📈
Your business model defines how the business plans to make & sell something profitably. Lots of companies struggle to articulate their business model clearly & fail to compete.
We looked at a range of business models and here are our insights on how you can think about it:
Introducing a superior business model into an existing market disrupts the market. Uber, Airbnb, Doordash unlocked earning opportunities for underutilised supply; Costco, Dmart figured out how to do faster inventory turns