“My guess is that Meta would not have more than three or four dollars per user per year monetization in India.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kunal Shah
PredictionNot checkable as stated
Shah: Pursuing wealth equality is bad because wealth naturally concentrates
“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…”
Kunal ShahMar 24, 2024▶ 1:03:49Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
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Shah: Products with a 4+ efficiency delta achieve irreversible adoption and low CAC
“So every time you see that the product efficiency delta is greater than or equal to four, three things happen. It is irreversible. Second is that you have very high tolerance For it to fail. ... And the third thing is that I call it the UBP, unique brag worthy…”
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Shah: Failing as a founder in India impairs arranged marriage prospects
“India still has large arranged marriage. And if you are a founder and a failed founder, your chances of getting a person to marry is still a hard thing to achieve.”
Kunal ShahMar 24, 2024▶ 21:12Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
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Shah: Without hourly wages, consumers will not pay to save time
“So when you are not paid an hourly salary, the concept of time is not the same. And then the concept of time is not same. Paying for time is hard to do.”
Kunal ShahMar 24, 2024▶ 26:48Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
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Kunal Shah: Super apps thrive in low-trust markets due to trust concentration
“All developing nations are low trust by design because the institutions are not strong enough to kind of really, really take care of many things. What happens is there is concentration of trust. So you will see that super apps, superstars, super companies all …”
Kunal ShahMar 24, 2024▶ 28:58Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
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Kunal Shah: Inefficiency is the world's largest employer
“The largest employer of the world is inefficiency. And if you take that away too quickly, we'll have a very, very jobless world.”
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