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“I have a strong view that we will never, never have equality of wealth. In fact, chasing that is actually a bad idea, but if you let people do well and chase wealth, they'll have enough wealth for everybody else and we could take a lot of people out. And I thi…”

“And therefore, a lot of Western markets love to come to India and say, oh, India is the next China. It's not, because our per capita income is never going to beat and grow like China, because before China started becoming affluent, 96% of Chinese urban women w…”

“No matter what the job is, you make that the minimum criteria that if they cannot use that, leverage that, they'll become a liability in five years anyways.”

“There'll be a temporary period of making a lot of money on lab grown diamonds which will kill its, it will become parasitic on the status of diamonds and destroy all its profit pools.”

“I would go to the extent of saying that 80, 85% of people who are having more than 200 dollars of investment in any of these assets are people from this community.”

“I believe the future of SaaS companies is going to be that where the next SaaS company will just say, oh, just use our tool for free. But by the way, we'll charge you and cross sell you some lending, some loans, some technology, some value added services which…”

“Less than six percent of urban Indian women have financial income of their own.”

“I wouldn't be able to find one company that makes more than 10 dollars, ten million dollars annual revenue by selling software to Indian businesses.”

“India has hundred unicorns. I would go on to say that I'm the only founder in the hundred unicorns, which has a humanities background. Everybody else is STEM.”

“The total GMV that Amazon would make in India would easily be done by a small European nation after being here for like maybe seven, eight years that they have spent over here because the people who can spend just do not exist.”

“There are enough wedding photographers, I know, who make more than ten million dollars of revenue.”

“Historically, people were hired for years of experience. I think in future, people will be hired for experiences per year.”

“Elon is going to probably have, I don't know, five, five hundred billion dollar plus companies, maybe six.”

“My guess is that Meta would not have more than three or four dollars per user per year monetization in India.”

“Many Indian languages do not have a word for efficiency. And that's true for many Asian languages. The word for efficiency does not exist.”

“And because we have a lower female participation of labor, India is probably the only market where female fashion spends is less than men's fashion spends.”

“Another interesting thing is 95% of all financial products in India are bought by men.”

“I asked her to check. Can you check if the gross margin on all products sold for living room Is a lot more than the gross margin of all products sold for the bedroom. And nobody had ever analyzed data like that in retail ever. Because it's like kitchen and sof…”

“So I know now many VCs in the US use this as part of the training program for the analysts. I know about it that somebody in Sequoia mentioned this to me that they have this part of the thing”

“India is not used to layoffs. Like startup world is used to layoffs, but in India, if you started through layoffs, it becomes the national news and all sorts of discussions happen over here.”

“The problem of GPT is now it will give, it will, it'll make the people with great questions do well versus people who are looking for basic answers. So I think the world is going to be unfair to people who will ask great questions.”

“One of the things I have noticed in Gujarati community is that just like Jewish community is that they offer significantly lower interest rate to people in their community because banks are less likely to underwrite.”

“His name is Preenchan Roychan. He's the founder of Bombay Stock Exchange, and very few people in India know about this guy. The reason people don't know about this guy because he once upon a time was the richest guy in India. He still probably holds the Guinne…”

“India has, India is a very large country, but the total number of people who have invested in any kind of asset stock, mutual funds, any of that is around 30,000,030, thirty-five million.”

“I would say 80, 85% of Bollywood revenue comes from like 10, 15 people.”

“80 to 83% of all suitcases in India are bought for weddings.”

“A lot of social media stock market tanked and revenue tanked when Apple announced a way to not be able to keep more information asymmetry, and boom, you can't predict many things about people, and therefore your revenue Well, tank because you can't predict th…”

“India tech companies would probably make less than two, three percent of the market cap.”

“India is the largest market which sends money back to India amongst all markets that does remittance. Indians remit the highest amount of money back to their family. Then it comes to Mexico and others.”

“And I told this insight to a home renovation company. I told them, don't keep saying home renovation, launch a product line, which is living room renovation. And today, 70, 80% of that revenue for them is living room renovation.”