The Ledger
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Bhardwaj: Software applications fall into lifestyle, management productivity, and operational productivity
“And I think there are, like, three different kinds of applications we use. One we call lifestyle applications, which we use over phones. One is management productivity applications, which we use over phones and tablets. And the other one is operational product…”
Bhardwaj: The operating system for operational productivity remains an open market
“But for operational productivity, the game is still open, and I think there is not a clear winner.”
Bhardwaj: Building operational apps needs better abstractions than raw cloud services
“There should be a better way to plug it, to build these applications and to distribute these applications than, like, the building blocks provided by these services.”
Bhardwaj: Building loan processing apps typically takes over a year
“People spend, like, More than a year of engineering cycle to build these kind of applications.”
Bhardwaj: Great platform businesses succeed by expanding total market supply
“If you look at any good platform, Like Uber or Airbnb, it's not that they made life convenient, but they also increased the supply of things. Like with Airbnb, the supply of hotels or supply of basically places you can find significantly increases, or with Ube…”
Instabase built its core from scratch to compile into a single binary
“The reason why we had to build all of those ourselves is because, ah, we had to run on-prem, or we had to run everywhere. So we could not use any other cloud stuff, but that also allowed us to kind of like rethink everything from scratch, which means that now …”