There is panic in India about deep tech and strategic autonomy. Panic is well placed.
Can this be overcome? No doubt. We have the most important ingredient! Talent
What’s holding us back.
Bold decisions
Radical policy changes
Creating 3-5 year runway without return expectations
It is nearly impossible to raise $10m with the pitch. “We are two Ph.D students. We have this moonshot idea. We will take three years for deep R&D and build a product. 99% chance we will fail”. Some deep tech need to start with $100M seed. Heard of LLM and GPUs?
No one will touch them with barge pole. No one was interested in Skyroot when I funded them in 2018 and now they are nations pride.
No one was funding Ather until @_sachinbansal and @binnybansal did so in 2014.
No one is funding building gas turbines engine until @deepigoyal decided to do this.
Enough talk! Let’s start putting our money where our mouth is. Or we will forever be waiting to clap for Altman/Zuckerberg/Jensen Huang whenever they grace us with their almighty presence.
Dear VCs - You have done great service by funding 10 min delivery, real money gaming, instant lending (mostly to the rich) and other operations business which has helped build the ecosystem. Now please don’t chase 5 min delivery for everything.
Very bold of the government to create RDI fund. I am waiting with bated breath to see 10s of millions to start flowing into deserving deep tech startups. The day can’t come fast enough.
The Indus Valley Report 2025 - 4th edition is here!! 🎉
This report is our take on India and the Indian startup ecosystem, through different lenses to sensemake what we call as “Indus Valley” - a catch-all moniker for the Indian startup ecosystem.
Here are 14 lenses or frames for you all to munch on
@sajithpai@llnachull@blumeventures@dhruvtrehan9
I was employee #30 at Facebook. Then I got fired.
Now I’m the CEO of a $100 million company.
10 non-obvious lessons I learned from working directly under Mark Zuckerberg:
If I said that, Britannia created share-holder wealth not by increasing revenue or adding new products but by optimising their truck utilisation capacity, you will mock me. But it's true. A story of picture-perfect execution in CPG business/.
- This P&L snapshot is from Britannia for 3 years over 16 years. 👇(It almost looks like an excerpt from MBA-class type financial model. But all figures are actuals & reported.)
- Gross profits have remained almost lightning-struck at ~40% in all the 3 years. The question then is that how did the EBITDA improve almost 100% in the last decade from ~8% to ~16% ?
Answer: Transport & advertisements.
Britannia has over the years transformed itself into a tech/data first company by partnering with behemoths like Accenture and have leveraged the power of data and technology which has aided them in substantial margin expansion.
This, along with the growth in q-commerce has really pushed the frontiers of growth for this centenarian.
Varun Berry as their CEO has really transformed this sleeping giant into a roaring tiger over the last 10 years.
Wow ! What did I just watch. 🤩
Feels so fulfilling. Thanks @RayDalio for making your videos. More such content beyond the two there, sir ! 🙏🏼
https://t.co/8AaJn51UcP
A robot Janitor by Somatic; cleaning bathrooms all by itself?Amazing!
As automakers, we are accustomed to using a variety of Robots in our factories.
But this application, I admit, is far more important.
We need them… NOW. 🙂
https://t.co/eOVKZpfzgn
NEWS: Elon Musk says @SpaceX will release Starlink Mini later this year. It'll be small enough to fit in your backpack.
You'll be able to pull the terminal out of your backpack in the middle of nowhere and connect to fast reliable internet. Incredible🛰️
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Challenging🌟 @dasadarshan@RocklineEnt
Unleash the storm within!
ಕಾಟೇರನ ಅಭಿಮಾನಿಗಳಿಗಾಗಿ, Kaatera's Official Merchandise for the #Dboss celebrities is here.
Visit the website/app to grab your favorite #Kaatera Shirt and Pendant Now!
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Roughly half of all zippers in the world are stamped with the letters YKK!
YKK is a Japanese company with an enviable reputation
They produce roughly half of all the zippers made each year, which equates to about 700 Cr or 7 billion of them!
A thread -
“Charlie has the best 30-second mind in the world." - Warren Buffett
But despite his brilliantly fast mind, his success came from long-term thinking.
Here are 13 Mental Models (explained in 2 minutes) that helped him combine both:
1. Circle of Competence - Focus on areas within your expertise and understanding.
Expand that circle but avoid venturing into unfamiliar territories.
2. Inversion - Instead of solving problems directly, consider them in reverse.
Identify what could cause failure to better navigate and mitigate risks.
3. First Principles Thinking - Break down complex problems into fundamental principles.
Solve them from the ground up, rather than relying on conventional wisdom or assumptions.
4. Margin of Safety - Employ a margin of safety by making conservative estimates and allowing for a buffer against uncertainties or errors when making
(investment) decisions.
5. Psychology of Misjudgment - Recognize and understand common biases and psychological tendencies that can lead to faulty decision-making.
6. Checklist Manifesto - Use checklists to systematically ensure critical factors are considered.
7. Paradox of Tolerance - Acknowledge the importance of being open-minded, yet understand when and where to draw the line by not tolerating intolerable behaviors or ideas.
8. Complex Adaptive Systems - Consider systems as interconnected and evolving entities, understanding that changes in one part can have profound effects on the whole.
9. Network Effects - Recognize the value of networks and how they can amplify the value of a product or service as more people adopt it.
10. Comp. Advantages & Moats - Understand and invest in companies with durable competitive advantages that protect them from competitors.
11. Redundancy - Employ redundancy and backup systems to reduce the risk of catastrophic failure.
12. Second-Order Thinking - Think beyond the immediate consequences of an action.
Consider secondary and long-term effects that might follow.
13. Lollapalooza Effect - Apply mental models from a variety of disciplines to form a comprehensive understanding of complex issues.
NEW: Online astrology platform AstroTalk has achieved remarkable feat as the firm posted Rs 283 Cr income and Rs 8 Cr in FY23 . The firm achieved such scale with mere $800K funding which was led by Kunal Shah's QED Innovation Labs.
Let's look at its FY23 numbers through a 🧵.