The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 21 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Sachdeva: The first profitable Bharat business will be social media
“So the first profitable Bharat business would actually be a social media business. If you think about it from that phase, right?”
Sachdeva: Delhi High Court ordered ByteDance to stop scraping ShareChat
“We in fact went to Delhi High Court. If you can Google ShareChat versus Hello or ByteDance. In fact, Delhi Highcore told, told them to not do this, not scrape, and in fact, change their app.”
Sachdeva: GenAI will dynamically create unique short videos for every session
“Every single time you open a short video app, it will generate a video for you.”
Sachdeva: Social platforms spend $1 per DAU annually on server costs
“It takes about one dollar or 80 rupees per DAU per year just to serve the audience. So when you're serving the audience, they're essentially coming to share chat, fetching a feed, consuming videos, commenting, whatever, right? Whatever activity they're doing. …”
Sachdeva: Facebook generates roughly $6 per user annually in India
“Facebook in India makes about six dollars per year per day in terms of ads revenue. So that is, you can probably say that's the ceiling of the market because they're the most scaled out ads business.”
Sachdeva: ByteDance's India marketing spend was 10x ShareChat's total monthly budget
“They were putting 10 times more money just in marketing compared to our overall monthly bill.”
Sachdeva: India will narrow product gap with China within 10 years
“I think India today feels at the right juncture where I am hopeful that within 10 years, we would be much, we would have closed the gap much more than where we are in terms of our abilities to build World beating products compared to China.”
Sachdeva: India's internet splits into 100M Westernized and 500M Bharat users
“See, I think roughly we split as top hundred million. And the rest of about five hundred million.”
Sachdeva: ShareChat office faced stone-pelting in 2016 over misunderstanding of social media
“We literally had a protest and stone pelting at our office. In, in Kormangla. That office. And the reason was those guys thought it is some magazine which is publishing content, a joke against the community. So, so people didn't even know what social media was…”
Sachdeva: ShareChat micropayment revenue has surpassed its ad revenue
“It is now crossed. In fact, because it started later, but it is now crossed because it's growing much faster.”
Sachdeva: Top 25% of ShareChat/Moj livestream hosts make ₹75k to ₹1L monthly
“We have about, I think, about half a million host, live stream host on the platform. We see the top 25% of them make somewhere around 75,000 to a lakh rupees a month.”
Sachdeva: ShareChat reached standalone profitability in October after eight years
“October was the first month when our first product, ShedChat, achieved profitability.”
Sachdeva: ShareChat and Moj generate about 1,000 crore INR annualized revenue
“So we're currently at about a thousand crore annualized revenue.”
Sachdeva: ShareChat built short-video app Moj in 36 hours post-TikTok ban
“Within one hour, we had a new sort of project spawned in the company called Project Gold Rush. Where we moved the growth team of ShareChat, and we told them that you have to build a short video app in two days. And to my surprise, they built it in 36 hours, or…”
Sachdeva: Delhi Police funded early student data analytics project from IIT Kanpur
“We managed to get a meeting with the additional commissioner. And he got really impressed and we got the project. So we got a project that you have to build this with certain specifications. He said, we'll fund it.”
Sachdeva: Facebook post for cricket WhatsApp group drew 50,000 phone numbers
“In one of those groups, I saw there was a post which was Sachin ka photo with a WhatsApp logo. And the guy is saying, agar apko Sachin ka content chahiye if you want content around Sachin, put your phone number, and I, I'll add you to a WhatsApp group. And bel…”
Sachdeva: Daily UGC exceeded ShareChat's entire previous content history within one week
“Within a week of launch, the content that was uploaded every day was more than all the content like posted in the entire history of the product.”
Sachdeva: ShareChat has 180M MAUs and Moj has 120M to 150M MAUs
“So ShareChat is about one eighty million MAUs. Moj is about one 21 50 million MAUs.”
Sachdeva: ShareChat's parent company is named after early real estate product Mohalla.in
“So if you look at our name, it's Mahala Tech Private Limited. That's because our first product was Mahala.in. It was a real estate product.”
Sachdeva: Half of IIT Kanpur signed up for Puppy Love despite negative pre-launch feedback
“Before launching, I actually talked to about 10 women. Because it was like, men will definitely fill a crush list. Will women participate in this? Yeah, and I talked to 10 women, all of them said, this makes no sense, we will not use the product. But to a surp…”