Jag Duggal

7 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement May 16, 2024 by Jag Duggal · said 1 times in 1 episodes since 2024 · across every show →

On the record as a speaker too: Jag Duggal's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Jag Duggal, oldest first

May 16, 2024
Insight
Startups must concentrate bets because diversification preserves wealth while concentration builds it
“Concentration is what builds wealth. Diversification is what preserves wealth. And you're a startup. You're not trying to preserve anything. You're trying to build something. It requires concentrated bets, not hedging.”
Jag Duggal May 16, 2024 ▶ 48:35 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024 positive
Insight
Duggal: Companies must reinvent categories to dominate, not just improve incrementally
“At the company level, I think it's absolutely imperative. To be designing your own category so you can then dominate it and defining your own category. And even when you're entering a place where customers are spending money, I think going in with a mindset th…”
Jag Duggal May 16, 2024 ▶ 56:44 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024
Assertion Not checkable as stated
Duggal: Smuggling Mangoes Put Him on SSSS Airport Screening for Three Years
“I ended up on a agricultural watch list, but then nine 11 happened. And there were three or four years where as a management consultant, so I was at an airport twice a week. I, you know, those you used to get on your ticket SSSS, which they said was random. Ev…”
Jag Duggal May 16, 2024 ▶ 1:31:16 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024
Assertion Supported
Nubank uniquely launched with high-risk credit instead of standard deposit accounts
“Unlike almost everywhere else in the world, including in the U S where the answer was, we're going to do the bank account first. New bank's answer was no, we're going to do credit first. And credit is. 10 times harder and a hundred times more risky because you…”
Jag Duggal May 16, 2024 ▶ 55:19 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024 positive
Insight
Duggal: Only Fundamentally Different Products Drive Word-of-Mouth Growth
“Again, it goes back to only fundamentally different gets customers to tell their friends.”
Jag Duggal May 16, 2024 ▶ 52:40 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024 positive
Insight
Duggal: Customer anecdotes usually trump quantitative data analysis in product research
“The anecdote usually trumps the data. And there are many times when I see teams that are, you know, doing very sophisticated analysis and they've sort of forgotten what the question is or what the conclusion they can draw from it truly is. So never lose sight …”
Jag Duggal May 16, 2024 ▶ 35:26 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
May 16, 2024
Insight
Duggal: Executives will still blame PMs if pressured products fail
“But if you genuinely believe it's not yet ready to scale your product, at the end of the day, the big mess is the thing you're still going to own. And we're all going to forget that we told you to scale the thing. We're all going to still blame you at the end …”
Jag Duggal May 16, 2024 ▶ 33:46 Be fundamentally different, not incrementally better | Jag Duggal (Nubank, Facebook, Google)
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