Praseed

Strategy consultant | Curator @ What works and why

[Praseed @praseedjagan]

“The only way to understand a mechanism is by studying the mistakes that it makes. Error isn’t merely instructive; it is the key that might unlock the deep nature of the mechanism”

“How do you understand memory ? You don’t study memory. You study forgetting” - Daniel Kahneman.

[Praseed @praseedjagan]

@narayananh Yes. Have always managed to find a table.

[Shaurya Ritwik | शौर्य ऋत्विक @shauryaritwik]

Seeing a lot of coordinated PR for Jean Drèze lately as he came out from his hibernation. Having spent years in international & development finance, I have met some of the sharpest minds in the field: sovereign negotiators, project financiers, central bankers and builders of real enterprises. One lesson is stone truth. Socialist economics survives not on evidence but on sentiment and on the comfort of never having to deliver anything. In India, that sentiment wears a jhola, celebrates scarcity as virtue & mistakes performative compassion for some great policy. It has made mediocrity respectable & us averse to higher ambitions in life. Jean Drèze is decorated practitioner of this mediocre game and his influence deserves scrutiny.

[Venkatesh Prasad @venkateshprasad]

Extremely poor from President Musk, who ensured BYD didn’t enter the US for fear of his Tesla sales crumbling . And here making an issue out of our right for national security. A great entrepreneur but a v bitter man. Earlier went after Trump claiming his name is in Epstein files only to calm down later to ensure his business doesn’t suffer. Lol Musk.

[Praseed @praseedjagan]

Musk playing foul games !!!

Can’t think of a scenario where Starlink is good for Indian national interests in the long term.

I suspect he is under pressure to maintain pumped up SpaceX stock

India should build its own starlink - who better than Mukesh Bhai

[Elon Musk @elonmusk]

Dear Prime Minister Ambani,

Please accept my humble apologies for not realizing that you are the real boss of India.

Naturally, you would prefer to maintain your monopolistic exploitation of the great people of India, but would you nonetheless consider allowing Starlink to compete?

There are many areas of India, as there are in all countries, with no Internet access, which denies children the opportunity for education and for small businesses the opportunity to sell their goods to a global market. Starlink would change their lives for the better.

Thank you 🙏

[Śrutaṃ me gopāya @shrutammegopaya]

Imagine how Hindu texts are attributed

We are a v v v anti-individualist culture. Tradition is supreme. Ego is bad.

We see reverse plagiarism w.r.t. Hindu texts..

E.g. A brahmin will write a great work (say a large purANa) and attribute it to the primordial vedavyAsa.

This is the Hindu way. Always attribute all great things to "tradition". Not to a flesh and blood person

[Praseed @praseedjagan]

@MandarKagade @GffFintechfest Super interesting !

Would be great if you could share your notes from the conversation.

[Praseed @praseedjagan]

The opportunity is pretty large in India as well.

I think there’s 10-15 Bn $ of impulse / unplanned buying in India, mainly serviced by the local hardware shops

[Praseed @praseedjagan]

Well…Home Depot did ~80 Bn $ of sales to Pro Contractors last year

Out of which 80%+ is impulse buys / unplanned inventory replenishment

The bulk orders for building materials are bought through McCaster Carr or one of the giant whole sale distributors

[Keshav Lohia @Keshav_Lohiaaa]

Remind me again who needs construction materials in 60 minutes?

Hold my plywood...

[Praseed @praseedjagan]

Home Depot is the OG Q-Comm for building products / construction materials

Impulse buys / unplanned inventory replenishment by pro contractors is 70 Bn $ of annual sales at 15% Ops margin

[Praseed @praseedjagan]

Even more interesting is that - higher ticket size 1000$+ AOV bucket is the fastest growing category for HD in the pro contractor biz

They’ve been doing direct delivery to the job site from Amazon type fulfilment centres - 90% of deliveries are same day

[Praseed @praseedjagan]

@1shankarsharma calm down man … you didn’t discover relativity

Your view was a pretty obvious, off handed take - much discussed and debated over the years

[Shankar Sharma @1shankarsharma]

Massive Point of View thievery again:
Since my interview on NDTV where I gave the Kapil Dev analogy of how Indian IT services companies cannot be blamed for not doing AI just as Kapil could not be blamed for not getting runs (because he always claimed to be a fast bowler): The blame has to fall on the other thousands of companies and entrepreneurs in India who did nothing except sit on their butts, waiting for the 4-5 IT giants to lead all tech revolutions. Imo, Indian IT services companies delivered on their original promise massively and that's where the matter should end. Somebody else should have taken the baton. But people chose to make food delivery, ride healing apps, f&o apps.

Since that day last week, there are now plenty of social media commentaries, articles and posts, copy pasting pretty my view, defending IT services companies. Without any attribution, of course 😂

One such post was even complimented by Kris Gopalakrishnan😊!

Long live the Low IPR country!!

[Praseed @praseedjagan]

@ApparaoDhillon There is Phanindra Sama - the founder of RedBus

[Elgi Equipments Limited @ELGiAir]

What does it take to build a global brand from the ground up—and stay focused while the world pulls you in every direction?

In this episode of the “What Works and Why” podcast, Jairam Varadaraj joins host Praseed Jagannathan for a wide-ranging conversation on the making of ELGi.

From product focus and engineering capability to building distribution and service networks across global markets, Dr. Jairam reflects on the deliberate choices—made over decades—that shaped ELGi into the brand it is today. Along the way, he makes a compelling case for why focus, not fragmentation, sustains businesses aiming for long-term growth.

A candid look at the thinking behind the company—the how, the what, and the why.

Watch the full conversation: https://t.co/pS1YC7j9VF

[Praseed @praseedjagan]

@AnjneyMidha @arthurmensch @robrombach @ssankar @RaghuRaghuram @ClementDelangue @rauchg @toddmckinnon @kevin_scott @eastdakota @mabb0tt Would be fantastic if you could post a recorded version

[Praseed @praseedjagan]

Farewell legend @ashwinravi99 !

Im guessing startup bro avatar is next - building on top of his YT channel.

Ironically, might have grander ambitions on the day of retiring intl cricket with 700+ wickets.

Hope he watched the @MarthaStewart documentary on Netflix.

[Praseed @praseedjagan]

@GhoshAmitav Fantastic book sir !

Learnt a lot from it….

Would love to host you on my podcast to discuss the book.

[Praseed @praseedjagan]

Rory is an advertising legend - having spent over 4 decades at Ogilvy

Rory started the behavioural insights team and spends his days applying behavioural economics and evolutionary psychology to solve problems that traditional ad agencies haven’t been able to

[Praseed @praseedjagan]

Pleasure to host @rorysutherland - the vice-chairman of @Ogilvy - on the ‘What works and why’ podcast

https://t.co/beUYn1xF9M

I hope you find the conversation enriching.

[Praseed @praseedjagan]

We discuss a range of topics around human behaviour, psychology and marketing.

The conversation was spontaneous, insightful and entertaining in equal parts - just like Rory