Thread by @therealjpk

Listening to @balajis and @MohapatraHemant on @LightspeedIndia's #ExtremeEntrepreneurs series.

Paraphrasing some points I picked up from @balajis.

You don't need to come to the US to build billion dollar companies because the west is in decline. Technology is global. Examples

a) Decentralised crypto
b) Getting to Mars
c) Transhumanism

India opportunity: World has gone remote. And nearly 400 million people have gone online in India. That's a lot of people into the workforce.

Distribution is important for success. Engineers tend to give lower weightage to it and organisations tend to give it too much weightage. Example: Early Google signed distribution with AOL and that helped them grow.

Founders should have clarity on the following: Product, pricing, person, purpose, priority, prestige. Should be able to rattle this off.

Being early means being misunderstood often. How do you handle all of that criticism, backlash and stay focused?

a) Visualise yourself on social network supply chain and the core nodes — employer, friends etc. Important to know which outlets they read and respect.

b) If you have folks in your social circle who are influenced by antagonist media, you're vulnerable. Change the nodes.

c) Get to personal financial independence. Permanent economic migration is on in the form of people movement. Eg. Reduce your cost by moving locations.

If you're starting up, there will be a fight. If you're not ready for it, be an employee. Let the CEO take care of it. But if you're in a fight, you can't shrink away from it. Find allies. The greatest founders and leaders are not conflict averse.

India is a culture on the rise. It's returning to its rightful place. The net benefit of technology for India is big. The west's approach to tech is Black Mirror and India is Super 30.

If you're the CEO of the world, what would you do?

I'd decentralise power. I don't want to be the CEO of the world. The most important thing is consent. It's also something that is in enlightened self interest. Because heavy lies the crown.

H/T to @MohapatraHemant for an amazing set of questions.