Subrata Ghosh

Autodidact. Striver and enabler.
"In the sea of life we control ship and sail, but never wind and wave. We never ever control everything."

[Wolf of X @WolfofX]

10. She got a firm grip and stance lol.. she won't let you fall! ♥️

[Rahul Mathur @Rahul_J_Mathur]

Hocco will be a story that may pan out several times more in India:

(1) Chona family's original business Havmor was started in 1944
(2) 70+ years to get to ~₹500 crore in Sales when the biz was sold to Private Equity
(3) Family made ~₹1,000+ crore in 2017
(4) 6 years later, family member Ankit Chona partners with Sauce VC to start Hocco Ice Creams
(5) In < 12 months of launch,
- On track to do ₹200 crore in Sales for FY24-25
- Plant is churning out 50K units per day
- Raises $12M from the Chona family to expand capacity to 130K units per day

Absolutely mindboggling growth: In ~3 years (max), Hocco could clock the same Sales volume as Havmor took ~50+ years to get to🤯

Ice-cream category is white hot:
(a) HUL may spin-off its ice cream division
(b) DSG invested in Go Zero
(c) Fireside invested in Frubon Bags
(d) Sauce invested in Hocco
Everyone has taken their positions

My take: You can't take the family away from the business when there is a "family business" 😄

[dev @dev_twitr]

Indore Lok Sabha:

- Opposition Candidate: Withdrew the nomination
- Fight Between: BJP vs NOTA

Results:

- BJP: 12,26,751 votes (78.5%)
- NOTA: 2,18,674 votes (14%)

Indore Demography:

- Hindus: 80.18%
- Muslims: 14.09%

Observation:

- Muslims knew they could not defeat the BJP in Indore, but still, all went and pressed NOTA.
- Compare this with Hindus who go for vacations on voting day!

[PagalFan Official @PagalFanSpeaks]

What a day it was for the Indian contingent at the #AsianGames2022 !!

India is on the verge of breaking of Jakarta Asiad's medal tally of 70 with a few confirmed medals coming soon!

#IndiaAtAsianGames #AsianGamesmedaltally #India

[Startup Archive @StartupArchive_]

Q: Why are startup ideas worthless?

In his essay Ideas for Startups, Paul Graham wrote:

“startup ideas are not million dollar ideas, and here's an experiment you can try to prove it: just try to sell one. Nothing evolves faster than markets. The fact that there's no market for startup ideas suggests there's no demand. Which means, in the narrow sense of the word, that startup ideas are worthless.”

Steve Jobs expands on this idea further:

“There’s a tremendous amount of craftsmanship in between a great idea and a great product”

A lot of people think that a really great idea is 90% of the work, but a great product idea will never turn out as originally conceived. You learn a lot from the details of building it and there are always tradeoffs you have to make.

In this clip, Jobs tells the story of how a widowed man showed him a rock tumbler when he was a little kid.

He uses the rock tumbler and process of turning common stones into beautifully polished rocks as a metaphor for a team working really hard on something they're passionate about:

"It's through the team--through a group of incredibly talented people--bumping up against each other, having arguments, having fights sometimes, making some noise, and working together... they polish each other and polish the ideas. And what comes out are these really beautiful stones."

The key to building a great product is a great team, not a great idea.

Follow @startuparchive_ for more content like this!

[Subrata Ghosh @sgwired]

@CricketopiaCom Lovely catch!

[Subrata Ghosh @sgwired]

@sidmshra In the sea of life we control ship and sail, but never wind and wave. We never ever control everything.

[Plianced @plianced]

We often get asked "What is Plianced?" So we decided to add the dictionary definition! 📖

https://t.co/rR9IGBHQyv

#compliance #training #FridayFeeling

[Paul Graham @paulg]

Today another founder from a year ago showed up. I asked him if he had any advice for the current batch. Want to guess what it was?

"Be really lean."

[Plianced @plianced]

Don't navigate the compliance industry alone! Check out https://t.co/rR9IGBHQyv to stay ahead of the curve.

#GetPlianced #compliance #riskreduction #pharma #finance #HR

[Aaron Levie @levie]

Anytime someone says “that problem has been solved,” remember Slack and Zoom have created ~$20B in value in categories most wrote off as finished.

[Michael @mmay3r]

Test the highly credentialed for ability to think for themselves and free thinkers for ability to follow through.

[Sangeet Paul Choudary @sanguit]

@andrewchen @DCoolican Network effect: Value is created by the network and scales with network size (limits apply). Scale effect: Value is created by the supply chain, but prices decrease or availability increases with network size. Other parameters don't change. The key test is where is value created.

[D’Arcy Coolican @DCoolican]

@andrewchen - "come for the tool, stay for the network" - OpenTable &amp; Delicious.
- "do it yourself" - Reddit &amp; Quora
- "bootstrap off an existing network" - FB &amp; YikYak with campuses
- lots of examples of subsiding one part of network too

[Harj Taggar @harjtaggar]

I shared the Lyft company history timeline at our all hands today because it's amazing to remember the founders worked on zimride for *5 years* before launching Lyft and then 7 more years competing with Uber (imo the best first 6 years of startup execution ever) before IPO.

[Amit Ranjan @amitranjan]

Excellent post - The engineering traps to avoid in early stage technolgy startups!

1) Premature scaling fixation
2) Love for shiny tech objects
3) The "Rockstar/Ninja" hiring fetish
4) Wildly optimistic product roadmaps

-&gt; "4 Startup Engineering Killers" https://t.co/8pyG7pU4T9

[Mark Suster @msuster]

“What’s your name?”

“Mark Suster”

“Who’s Sister?”

“No. Suster. Like ‘sister’ with a ‘u’ “

“Oh, Schuster”

“No. Suster. Sue - stir. Like my mom, Sue, stirring coffee.”

“Your mom’s name really Sue Suster?”

“Yes”

[Thoughts of Dog @dog_feelings]

me and my stuffed fren sebastian. are heading to the movies. because there's a very special film. about an elephant named #dumbo. who looks just like sebastian. and is almost as magical #ad

[Nat Friedman @natfriedman]

Ann Miura-Ko is a world-class investor who wrote the biggest seed check in Lyft, co-leading their first round, and it's insane the NYT doesn't even mention her in this article.

(She was also on my board for years and I'm lucky to have worked with her!)

[Bluegrass Capital @BluegrassCap]

Pet, travel, cloud, beauty, credit ratings, spirits, home services, Ecolab, Disney

https://t.co/3Meo5VNMHT