29/
Question: What's your take on the farmers protests happening in India, especially with your interest in going to India?
Answer by Naval: Unfortunately I have no idea. I don't follow geopolitics. I can really be bothered to follow politics and other States it's nausea.
Question: What's your take on the farmers protests happening in India, especially with your interest in going to India?
Answer by Naval: Unfortunately I have no idea. I don't follow geopolitics. I can really be bothered to follow politics and other States it's nausea.
30/
They get difficult and hard and one has to stick to their sphere of competence. I don't know apology. I admit to being completely clueless and I'm proud of it
They get difficult and hard and one has to stick to their sphere of competence. I don't know apology. I admit to being completely clueless and I'm proud of it
31/
Question: How can a 45 year old guy move to India and still be able to take a risk to having a family support behind?
Question: How can a 45 year old guy move to India and still be able to take a risk to having a family support behind?
32/
Answer by Naval: I would say that's a tough one, but actually I think my dad came to the US I don't remember what age he was but, probably not much younger than that.
Answer by Naval: I would say that's a tough one, but actually I think my dad came to the US I don't remember what age he was but, probably not much younger than that.
33/
He took risks. At least the old model used to be that if you switch countries, you basically trashed your career and life and sort of had to start over, but you gave your kids like an incredible springboard.
He took risks. At least the old model used to be that if you switch countries, you basically trashed your career and life and sort of had to start over, but you gave your kids like an incredible springboard.
34/
So, our parents and generations like that made the ultimate sacrifice. If you're also talking about tech, is it really ageist.
Industry people talk about discrimination in tech, you want to see discrimination in tech, try applying as an older person to a job. Holy hell.
So, our parents and generations like that made the ultimate sacrifice. If you're also talking about tech, is it really ageist.
Industry people talk about discrimination in tech, you want to see discrimination in tech, try applying as an older person to a job. Holy hell.
35/
So I don't think it will be easy. My guess is the best to do that is as a representative of some kind of a US or Silicon Valley based company that is high quality and expanding out into India.
So I don't think it will be easy. My guess is the best to do that is as a representative of some kind of a US or Silicon Valley based company that is high quality and expanding out into India.
36/
So, at least you come during a calling card and you have some safety net to fall back upon. You have some legitimacy, you get some network to start out and then you kind of network your way out from there.
But I don't think that's an easy one. You picked yourself a hard one
So, at least you come during a calling card and you have some safety net to fall back upon. You have some legitimacy, you get some network to start out and then you kind of network your way out from there.
But I don't think that's an easy one. You picked yourself a hard one
37/
Question: Are you looking at sort of investing in Indians, particularly India? Or you don't care
Answer by Naval: I don't care Indian, not Indian, where they are, where they aren't.
Question: Are you looking at sort of investing in Indians, particularly India? Or you don't care
Answer by Naval: I don't care Indian, not Indian, where they are, where they aren't.
38/
I'm not doing Indian investment because like for some patriotic nationalistic reason, I mean sure, there's plenty a little element of that, but I don't overplay it.
I'm not doing Indian investment because like for some patriotic nationalistic reason, I mean sure, there's plenty a little element of that, but I don't overplay it.
39/
India just has a lot of really smart English speaking people, from a culture that I'm familiar with and it is probably going to be the most ascended country in the world over the next few decades, both through a combination of improving policy, capitalism, rule of law...
India just has a lot of really smart English speaking people, from a culture that I'm familiar with and it is probably going to be the most ascended country in the world over the next few decades, both through a combination of improving policy, capitalism, rule of law...
40/
...sheer numbers, English-speaking, STEM education and just raw ambition. So I think India is on a good trajectory now, would I invest in like an Indian entrepreneurial elsewhere? Sure. But you would have to factor in what country they're in.
...sheer numbers, English-speaking, STEM education and just raw ambition. So I think India is on a good trajectory now, would I invest in like an Indian entrepreneurial elsewhere? Sure. But you would have to factor in what country they're in.
41/
Question: You guys have a very good and unique backgrounds and you guys became these popular figures, but if you were somebody like me coming from a very middle class background from India, but you have a deep passion for solving climate change.
Question: You guys have a very good and unique backgrounds and you guys became these popular figures, but if you were somebody like me coming from a very middle class background from India, but you have a deep passion for solving climate change.
42/
You don't have a huge network to do it. You don't have a huge capital, you don't have a rich family to back you up or any sort of access to it. How would you go about solving that?
You don't have a huge network to do it. You don't have a huge capital, you don't have a rich family to back you up or any sort of access to it. How would you go about solving that?
43/
Answer by Naval: That just seemed like a litany of excuses, no offense, but like, if you knew where Balaji and I started from, none of us had network or capital or anything.
Answer by Naval: That just seemed like a litany of excuses, no offense, but like, if you knew where Balaji and I started from, none of us had network or capital or anything.
44/
We had literally nothing. And networks are irrelevant. Capital is irrelevant.
People talk about the reasons to become a billionaire, so you can change the world and implement your agenda. That's BS. What changes the world are compelling people and compelling ideas.
We had literally nothing. And networks are irrelevant. Capital is irrelevant.
People talk about the reasons to become a billionaire, so you can change the world and implement your agenda. That's BS. What changes the world are compelling people and compelling ideas.
45/
It's not money. Most billionaires are boring. They don't even know what to do with their money. Most billionaires are like they're buying and like basketball teams or doing on CNBC. That to me is a complete waste of time. That's not changing the world.
It's not money. Most billionaires are boring. They don't even know what to do with their money. Most billionaires are like they're buying and like basketball teams or doing on CNBC. That to me is a complete waste of time. That's not changing the world.
46/
Ideas are what change the world. Have a great idea and execute, execute, execute.
What separates the winners from the losers, the people who deserve to get back things, the ones who execute, if you're executing and you're doing a good job, people will back you.
Ideas are what change the world. Have a great idea and execute, execute, execute.
What separates the winners from the losers, the people who deserve to get back things, the ones who execute, if you're executing and you're doing a good job, people will back you.
47/
If you care about climate change, then start working on it, do something. And don't just complain, don't just be an activist, actually do something. Nassim Taleb says that you must become an entrepreneur, it is the moral thing to do.
If you care about climate change, then start working on it, do something. And don't just complain, don't just be an activist, actually do something. Nassim Taleb says that you must become an entrepreneur, it is the moral thing to do.
48/
You who's done more to solve climate change than anybody else, I would argue it is Elon Musk. He did things, so go do something.
You who's done more to solve climate change than anybody else, I would argue it is Elon Musk. He did things, so go do something.
49/
Part-IV, Part-V, Part-VI... coming shortly
Stay tuned
Part-IV, Part-V, Part-VI... coming shortly
Stay tuned
50/
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