Sajith Pai Profile picture
13 Mar, 18 tweets, 11 min read
🧵

On my fave startup + tech podcasts:)

1/18
Barton Biggs, research guru turned hedge fund manager famously classified people into visiles & audiles (ref ‘Hedgehogging’).

Visiles absorb info via eyes (reading)
Audiles via ears (talking / listening)

(Youtube wasnt too popular then for it clearly breaks his split!)

2/18
Now I am a visile & I have struggled w podcasts:)

Podcasts are great content of course, & lots there you don't get easily in writing. But I have wondered as to why I should take out 40-50mins to listen to a podcast when in that time, I can instead breeze through 3-4 posts?

3
Thankfully more & more podcasts are coming w transcripts.

This is terrific, for podcasts help generate content that wouldn’t have easily emerged. Here is why.

4/18
The single best podcast - in quality of audio content + transcript - IMHO is @joincolossus - the new avatar of @patrick_oshag ’s Invest Like The Best. Well-curated top drawer guests & a practiced + smart host; + well-organized searchable transcripts. 5/

joincolossus.com
Other high quality podcasts w transcripts (in alphabetical order) include @acquiredfm where hosts @gilbert & @djrosent go behind the scenes of a business transition, or an M&A. Transcripts for most episode available; expect delays for newer episodes. 6/18

acquired.fm
VC @ngpedro & AppAnnie founder @bschmitt discuss interesting topics and trends across tech. Check out their 3-part SaaS Primer. 7/18

decipheredshow.com
Linkedin founder + @GreylockVC @reidhoffman interviews founders and thinkers on Masters of Scale. 8/18

mastersofscale.com
2 Desi podcasts now!

PrimeTime from @Primevp_in - primevp.in/content/podcas…

Matrix Moments from @matrixindiavc - matrixpartners.in/blog?qs=The%20…

👏🏽👏🏽👏🏽 @rbalaraman @salonieganju @TheSwamy @amitsomani 9/18
Mike Maples @m2jr of @FloodgateFund interviews founders, thinkers & VCs. The one where he interviews Andy Rachleff discussing PMF is pure gold. 10/18

greatness.floodgate.com/episodes
exVC turned journo @ruima interviews Chinese startup founders and some VCs on @techbuzzchina. Good look at Chinese companies including Bytedance (she is writing a book on Bytedance). 11/18

techbuzzchina.com
Nick Moran’s @TheFullRatchet

One of the OGs of venture + startup podcasting. In its 7th yr. Transcripts for the more recent episodes only, sadly. 12/18

fullratchet.net
The Next Billion.

GGVC's @hanstung & Robin Li interview many great founders, incl many Chinese founders here ofc (and this podcast is another great China resource). We are on Season 2. Season 1 was called '996' (links to them in the same piece). 13/18

nextbn.ggvc.com
The last is an Indian one, @100xEntr by @siddharthaa7 who curates an interesting set of investors + founders to interpret the Indian startup ecosystem. 14/18

100xentrepreneur.com
I am ofc leaving out some familiar ones such as
@twentyminutevc by @HarryStebbings
Venture Stories by @eriktorenberg
as they dont have transcripts.

(20VC has transcripts for more popular guests though, i noticed recently.) 15/18
The content in these podcasts👆🏽is high quality content, in text (with high scan rate). If you are a visile then you are in luck:)

I have been slowly moving my information diet from substack towards podcast transcripts. 16/18
A dream product (one I have fantasised putting hobby money in) is to create a custom zine where folks can request different combos of transcripts (toting to say ~100pgs), which can be @Printo_India ’d + @DunzoIt ‘d to the buyers, every month, for lean back, leisurely reading. 17/
Some more podcasts + notes here - notion.so/sajithpai/Reco…

18/18 END.

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More from @sajithpai

2 Mar
Was interesting to read (yes, i got it transcribed) the @jeremysliew + @HarryStebbings chat on 20VC where they discuss the 2012 Lightspeed round into Snapchat that Jeremy led.

Link to transcript: notion.so/sajithpai/Podc…

Link to the investment memo: thetwentyminutevc.com/wp-content/upl…
What I found most interesting was this account of Jeremy Liew's persistence in trying to contact Evan Spiegel. VCs chasing founders who dont give them any bhav:)

Remember something like this for Sarah Cannon leading Index's recent round into Notion.
Liew's laws of consumer social investing!
- can this become part of pop culture?
- can this become a habit?
- is there a scalable, repeatable way to grow?
- does the founder have a unique insight that explains the success, that explains what's going on?
Read 6 tweets
28 Feb
Thinking aloud.🧵

Useful to see
- Bitcoin
- the sudden spurt in collectibles (StockX, GOAT, Artsy, RallyRd) including NFT + the entire financialisation of everything trend
- Gamestop + WSB
as decentralised coordinated accelerated creation of value.

Let us unpack this.
Value of anything incl currency, stocks has a broad subjective basis.

That said, to ensure that we dont start questioning the value of currency or what we are buying in every transaction, we base value in some centralised authority's diktat - state / central bank / market.
That means the gatekeeper / centralised authority (who also maintains the ledger) has a fair amount of power.

Historically transactions in stock market / art / currencies have all been intermediated or coordinated through a central authority (NSE / NYSE / Christies etc.)
Read 11 tweets
28 Feb
I thought this was an outstanding podcast - one every dev tools startup founder should listen to or read the transcript of. Brief 🧵 on what I found interesting.

Features @jeffiel of @twilio and @davidu + @smc90 of @a16z
a16z.com/2021/01/12/ris…
.@jeffiel: AWS + APIs have given us the supply chain for building software.
Rule 1: Build the software that faces your customer.
Rule2: The act of building software is but the act of listening to your customer.
Read 10 tweets
26 Feb
New post + 🧵

This one is on product-market fit or PMF, that most discussed yet misunderstood concept!

Hitting PMF is about getting to 2 different fits
- the 1st is product to problem fit;
- & the 2nd is getting the go-to-market (GTM) to market fit.

linkedin.com/pulse/how-foun…
1st fit: product / solution to problem fit - ensuring that you are able to create a product that solves some or most of the customer problem that spurred you to start up. This is the Minimum Viable Product or MVP as it is called.

(also ref to as the value hypothesis)
2nd fit: GTM to market fit, where you reach the ideal combo of customer segments, sales channels & customer acquisition approaches (collectively GTM) getting you to +ve contribution margin (i.e., revenue minus COGS minus direct mktg costs) for every new customer. This is PMF.
Read 8 tweets
20 Feb
A startup learns about itself in 3 ways. Or rather founders learn about their startup, & how well it is doing, or not, in one of 3 primary ways.
- customers / product iterations
- interviewees / hiring
- investors / fundraising

In that order.

Let us unpack this.
Customers / product iteration.

The best customer feedback is not by hearing them talk, but seeing how they interact with the product - buying it, or using it.
Learn from the feedback + reactions you get, & further iterate the product. And again go back to them with the product. The faster the pace of product iteration, the faster the learning cycles.

This is really what matters for learning from customers
Read 10 tweets
18 Feb
Interesting that Bytedance is targeting edtech through hardware - this smart lamp for instance.

Clever way to hack into the crowded edtech space in China, buy distribution.

gizmochina.com/2020/10/29/byt… Image
Of course hardware in edtech isnt new. Byju's for instance has thus far sold its content via tabs.

Incl MBA Prep, not just high school tuition. Image
Hardware is a great way to build a pipe / enable access in markets where internet bandwidth is iffy. As this SD card play from Nigerian startup @uLessonApp by @SimShagaya shows... Image
Read 5 tweets

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