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30 Dec 21, 5 tweets, 2 min read
Fascinated by 'secular' or atheistic 'religions' - Ethical Culture is an old one, New Stoicism is a new one. Suppose they could be seen as life philosophies.

Thinking about this equation.
Religion = Faith + Rituals + Identity + Community + Precepts
Both Ethical Culture, Stoicism dial down / remove the Faith part while preserving the other 4.

Religion has several jobs to be done incl mindfulness (prayer helps here), belonging etc.

They show you can have a practice that has best of what religion offers w/o the God part.
Here is a piece about Ethical Culture, which I learnt about from the rabbit hole i went down yday. Also see the wiki.
religionnews.com/2014/10/01/ori…
New / Modern Stoicism and its practices of course are better known.
eidolon.pub/why-is-stoicis…
In theory, a group of people could come together to create their own practice by determining what kind of rituals, precepts they wish to adopt.

Decide your flavour of F, R, I, C, P in the below equation
Religion = Faith + Rituals + Identity + Community + Precepts.

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More from @sajithpai

sajithpai.eth Profile picture
2 Jan
Went down the crypto / nft web3 rabbit hole last year in a systematic way, trying to grasp the landscape + players.

A few useful resources that I leaned on.
Found @thegeneralistco and their writings on space (DAOs & players (FTX, Sushiswap, Terra, Opensea, Metamask) very useful.

@mariogabriele is putting together a very thoughtful media brand, one worth subscribing to.

readthegeneralist.com/briefings
Not Boring of course.

This had a terrific run this year! @packyM hit mainstream this year in a massive way.

notboring.co
Read 9 tweets
sajithpai.eth Profile picture
26 Dec 21
🧵 Native models for each ecommerce category.

Start w this useful framework (via Niraj Shah of Wayfair fm podcast on @joincolossus)

Amazon cracked #1 through marketplace. Has become the native model.

#2 solved via dark stores (Rappi etc). This is now 'native' model globally.
Huge excitment around QCommerce / 10min delivery - GoPuff, Rappi, Gorillas, Jokr, Dunzo, Zepto etc - because the model of dark stores / limited SKUs / defined 2x2 sq km area etc has been cracked. PMF is now much easier with this model.

Grocery's native model is QCommerce.
#3 is Shein / Livestreaming. Shein's LATR model for instance where they rinse & repeat at scale is perhaps a great model to overcome inventory challenges that plague fashion.

via restofworld.org/2021/how-shein…
Read 7 tweets
sajithpai.eth Profile picture
19 Dec 21
Went to binge watch Tokyo Girl for the 3rd/4th time last night, & found it is off roster. Sigh.

Somehow, this portrait of a Japanese sarariwoman through her 20s & 30s, successes & failures making her way through Tokyo, became my fave watch of '21. 🧵

primevideo.com/detail/Tokyo-G…
Thought I would watch it quickly & do a review but alas it is now gone. Will check if it is available somewhere on the interwebs.

This here is a decent summary of the plotline
riadalwani.medium.com/tokyo-girl-109…
Each episode ~22mins or so long, is named for a specific Tokyo locality which Aya, the heroine, stays in as she rises in her career - starting fm Sangenjaya (AndheriW or Malviyanagar of Tokyo) to Ebisu (Bandra / GK1) to Yoyogi Uehara (Sobo/DefCol).
Read 9 tweets
sajithpai.eth Profile picture
13 Dec 21
Interesting post by @mariogabriele on 'DeCos' or decentralized countries. We are beginning to see provocative thinking on the future of nation states (@balajis has done a lot of thinking on this - network states v nation states) & this is certainly one.

readthegeneralist.com/briefing/the-d…
I do concur that the nation state's gravitational power is decreasing; my specific area of interest is not virtual but new physical nation states emerging (more challenging + less realistic though) & the actions needed to support the emergence of these new physical nation states.
An old tweet on this
Read 6 tweets
sajithpai.eth Profile picture
9 Nov 21
🧵

1/ There are 3 broad risks in the startup’s journey - product, market and execution risk.

A startup grows from idea to IPO by eliminating these systematically along the way.

Let us examine these.
2/ First, product risk.

Does the product you designed solve a problem for a customer. Does s/he care? Getting to a minimum viable product (MVP) broadly eliminates ~80% of product risk.
3/ Market risk - is there a market for the product you created, or can you iterate to a problem for a paying market? Getting to product-market fit (PMF) is about eliminating this risk. PMF eliminates ~90% of market risk for the then product, I think.
Read 7 tweets
sajithpai.eth Profile picture
6 Nov 21
For a venture nerd like me, this was such a terrific read (the transcripts are the best thing abt Colossus podcasts).

Brief thread🧵 on what I found interesting from @roelofbotha 's convo w @patrick_oshag
Sequoia holds $45b worth of undistributed public stock (companies in its portfolio who have IPOd), about the same as its private holdings.

Together, Sequoia's 'AUM' > India's largest AMC, SBI Mutual (~600kcrs = $80b)
Loved this framing. Seeing fundraising as a board recruitment decision.

Also for those who follow this, throwing some shade on that famous crossover fund which doesnt usually take board seats:)
Read 11 tweets

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