The Ledger
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Panda: Bangalore is 75 times ahead of Silicon Valley in Web3 protocols
“Today, when I tap into my friends in Valley, San Francisco, I'll tell you, Bangalore is at least, 50 times to 75 times ahead in the race, in terms of understanding the spec, the framework, the other things are happening around the protocols and other things, r…”
Panda: Startups cannot scale with part-time or ad-hoc founders
“There is no part time. There is no sort of ad hoc kind of solutions. That doesn't work. We have seen it, right? None of the startups would ever scale with that mindset.”
Panda: Startup persistence should depend only on market fit, not macro conditions
“I always take a pointer to say, is the market growing? Right? Have you got a space in the market? Do you understand this market well? Does customer like what you're doing? Those three, four parameters is what I use. Everything else surrounding it is not in you…”
Panda: Africa, Europe, and APAC will replicate India's UPI framework
“And this, what we see on, saw on the UBI is going to go back to other countries. I'm sure South African countries or some European countries, some APAC going to inherit and say, hey, this worked in India. Let's just copy the framework.”
Panda: Businesses cannot be built solely on investor or token funding
“Fundamentals are right that you cannot build a business just on investor's money. You cannot even build a business on token money.”
Panda: Web3 adoption requires dropping jargon like 'mint' for 'collectibles'
“So I think if, you know, better solutions are going to come where they make these languages lot more relatable, such as collectibles or make rather than mint, I would see that this is going to slowly chip into the existing framework without sounding that there…”