LOL!

LOL!

Yeah! Just that!

LOL!!



Update on 2020.02.17 16:02 IST:

The above is a snap I took yesterday at the Bhau Institute [^]’s event: “Pune Startup Fest” [^].

The reason I found myself laughing out loud was this: Yesterday, some of the distinguished panelists made one thing very clear: The valuation for the same product is greater in the S.F. Bay Area than in Pune, because the eco-system there is much more mature, with the investors there having seen many more exits—whether successful or otherwise.

Hmmm…

When I was in the USA (which was in the 1990s), they would always say that not every one has to rush there to the USA, especially to the S.F. Bay Area, because technology works the same way everywhere, and hence, people should rather be going back to India. The “they” of course included the Indians already established there.

In short, their never-stated argument was this much: You can make as much money by working from India as from the SF Bay Area. (Examples of the “big three” of Indian IT Industry would often be cited, esp. of Narayana Moorthy’s.) So, “why flock in here”?

Looks like, even if they took some 2–3 decades to do so, finally, something better seems to have downed on them. They seem to have gotten to the truth, which is: Market valuations for the same product are much greater in the SF Bay Area than elsewhere!

So, this all was in the background, in the context.

Then, I was musing about their rate of learning last night, and that’s when I wrote this post! Hence the title.

But of course, not every thing was laughable about, or in, the event.

I particularly liked Vatsal Kanakiya’s enthusiasm (the second guy from the right in the above photo, his LinkedIn profile is here [^]). I appreciated his ability to keep on highlighting what they (their firm) are doing, despite a somewhat cocky (if not outright dismissive) way in which his points were being seen, at least initially. Students attending the event might have found his enthusiasm more in line with theirs, especially after he not only mentioned Guy Kawasaki’s 10-20-30 rule [^], but also cited a statistics from their own office to support it: 1892 proposals last month (if I got that figure right). … Even if he was very young, it was this point which finally made it impossible, for many in that hall, to be too dismissive of him. (BTW, he is from Mumbai, not Pune. (Yes, COEP is in Pune.))

 


A song I like:

(Hindi) ये मेरे अंधेरे उजाले ना होते (“ye mere andhere ujaale naa hote”)
Music: Salil Chowdhury
Singers: Talat Mahmood, Lata Mangeshkar
Lyrics: Rajinder Kishen

[Buildings made from the granite stone [I studied geology in my SE i.e. second year of engineering] have a way of reminding you of a few songs. Drama! Contrast!! Life!!! Money!!!! Success!!!!! Competition Success Review!!!!!!  Governments!!!!!!! *Business*men!!!!!!!!]