🎉 Announcing October winners of Gaur and Chopra Escape Velocity grants.

We're awarding 6 people under 25 years of age, a sum of Rs 50,000 each.

Their profiles in this 🧵
1/ 🏫 Apoorva is a material science aspirant and wants to pursue a PhD in it.

She will use this money to pay for applications to institutes.

She has an impressive track record: apoorvapjoshi.com
2/ 🏸 Jaspreet is a state-level badminton player who will use the money to advance her Masters' level education.

Unfortunately, her parents passed away and she depends on her grandparents so this money will really make a difference to them.
3/ Kshitija is the first person in their family who can speak and is proficient in English

They work with underprivileged & marginalized communities. This money will help them with higher education.

Check out the article they wrote: medium.com/kalinga-magazi…
4/ 🍲 Shivani Kumari will use the money to setup an indigenous food outlet in Simultala village.

Like many of us, she did her engineering but her passion lies in natural farming and indigenous cultures. This grant will allow her to take practical steps towards it.
5/ 🔌 Kanhaiya is a student of IIT Roorkee and lives in rural part of eastern UP.

Pandemic affected his studies badly because his area has frequent power cuts. This grant will help him buy power backup to continue studying.

He helps people widely and liberally (see screenshot)! Image
6/ 🧮 Shumbam cleared his CA foundation & intermediate all by himself (without any coaching, since his family can't afford it). He also helped his younger brother clear CA foundation.

This grant will help him take coaching and clear CA finals to achieve his dream of becoming CA.
7/ That's it!

We're able to make 6 grants this month thanks to contributions from @augfrank and anonymous donors.

If you want to sponsor a grant in the future, DM me.
8/ Also, if you're under 25 and think Rs 50,000 can change your life, I highly encourage you to apply for the grants: invertedpassion.com/escape-velocit…

We roll out grants every month and have released 26 grants since Aug 2021 (profiles of winners on the link).

Please RT for reach.

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More from @paraschopra

29 Nov
Your product’s price determines your business playbook

a 🧵
1/ The price of products determines all other components of the business.

This happens because price influences the number and type of available customers in the market (higher the price, lower the number of customers and the corresponding premium positioning that’s required).
2/ This in turn determines:

• the distribution channels you need to tap in order to reach the target market,
• cost of customer acquisition,
• cost and nature of sales and service process, and

all that in turn determines the organizational structure.
Read 15 tweets
26 Nov
A couple of months I started my knowledge garden at notes.invertedpassion.com

Was pleasantly surprised to see it slowly evolve into a beautiful, interconnected mini-forest.
What's a knowledge garden and how is it different from a blog?

A blog has finished essays while knowledge garden has raw drafts of whatever's on your mind.

Plus, a knowledge garden is all about finding links between your thoughts to allow for deep insights to emerge naturally.
I was inspired to start my own knowledge garden by @andy_matuschak who has written an excellent resource on why doing something like this has long term benefits: notes.andymatuschak.org/Evergreen_notes
Read 5 tweets
20 Nov
The interconnectedness of fundamental physics teaches you that there’s simply no room for new fundamental phenomena that affects human life.
This means even if we discover additional dimensions, forces,
particles or even universes, there’s simply no room in to passively impact us.

Of course, engineering tech to harness new phenomena could change everything but that’s not what pseudo scientists have in mind.
For example, those who believe in astrology might say that planets, moon and sun affects a person’s personality at birth through gravity.

To them, I’d say: study LIGO and see how difficult and expensive it has been for us to observe first gravitational waves.
Read 4 tweets
15 Nov
What people pay for something is determined by its perceived alternatives.

a 🧵
1/ It’s hard for people to know how much they should be paying for a particular product.

Evolution has trained us to be skeptical of strangers’ claims.

invertedpassion.com/evolution-expl…
2/ By default, people will always feel they’re getting ripped off.

invertedpassion.com/people-evaluat…
Read 17 tweets
8 Nov
Generating profit requires creativity.

a 🧵
1/ Businesses don’t exist to make revenue, they exist to make profits.

But the lure of revenue is hard to resist.
2/ It’s natural to admire the billions of dollars that big US retailers such as Guess, Macy’s, Radioshack and Toys R Us generate every year but it’s difficult to digest that they are in terrible shape because they’re not making any profit.
Read 20 tweets
7 Nov
It shouldn’t be surprising that our fundamental reality is describable using mathematics.

A mini 🧵
1/ Maths is like English, but with far fewer degrees of freedom.

e.g. “We want to move forward with this” can mean so many things, while Area of circle = pi * r ^ 2 in zero curvature manifolds means only one thing.

Math is a language you use when you want to be precise.
2/ In theory, I can imagine that a large part of our everyday language can also be systemised into math.

Analytic philosophy traditions did exactly that.

So math is a language where you make it explicitly what exactly do you mean.
Read 13 tweets

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