Quick observations from Coldplay 2 hrs madness

The demand from the Q’s merged for the new 2pm show and opened at >$1mill

At an avg of 2-4 tix per purchase, the Q didn’t even make it to someone in the team who was in the 20K range

This was a demand and price estimation online experiment along with 3 Coldplay concert dates for India1A (a lot of whom have travelled to other countries already to watch it but now they want to watch it with their friends and extended local circles in Indian and India1 (what say @sajithpai and gang @BlumeVentures)

Yes prices were 2.5K to 35K but the viagogo pricing will establish the new equilibrium in pricing of course

Coldplay could add 5 other dates and still be sold out many times over

You think @bookmyshow adds a 22nd Jan now and opens at 4pm? ;)

We need more concert venues and planning for these sized events (remember the Trevor Noah blore escapade) - we need diff sized venues in multiple cities as well.

If so, with our population and aspiration, india can become 10-20x the live entertainment market

BMS should do well, get profitable and list

Zomato buy from paytm of insider looks like a great great long term buy - should pop the stock on mon? ;) even if Coldplay is just a proxy for the opportunity set? Then the glitches
Despite the best prep

New unknown rules of engagement

Unlike the 2pm show, there was no Q build up for 12 noon - so, at 12 or just before, the app decides that it can’t be used for bookings and browsers reset to login.

When OTPs have to be generated - the mobile ones broke down - don’t know who the tech partner was - but the traffic couldn’t generate mobile linked OTPs fast enough - was it us @shivku or someone else?

Mail OTPs did a bit better (was it you @avlesh) - but mine went to spam - damn - by the time I figured that, lost 100K places a minute ;)

And then the Q felt it was like mumbai traffic police management at peak hour - lights go to orange and red blinking and cops manually handle it or it still looks like a regular traffic light but humans take over with a manual button that controls time :)

1/n Anti-portfolio forewarning for all them growth VCs out there....:-)

@IntrCity is a journey of India's current optimism and its masses to be served at a world-class quality standard - does it belie this country's imagination that a BUS (yes, BUS!) service can be a Unicorn++? 2/n that a world class bus service can exist in India that parallels @IndiGo6E Airlines: the efficiency, ValueForMoney and comfort that an airline can provide?

@IntrCity is a $5 bill+ company waiting to happen..and this bus is riding the steepest hill at full throttle..(read on)

Jun 2020 marks 10 yrs (to the mth) since a pitch deck with both @sanjaynath and @BKartRed’s names went out for the 1st time.

It was titled ProjectFaktory. We hadn’t concurred on a Fund Name as yet.

We pitched our fund idea to everyone we could

#10YearsOfBlume

1/n We met through investing at @MumbaiAngels, were connected by other members in late 2009

I was brainstorming and pursuing the idea already with a group of like minded folks (brought together by Rajesh Jain, Netcore - diff chapter of the story, for later)

#10YearsOfBlume
2/n

1/ The @BlumeVentures family will miss you @samirbangara

SAMIR BANGARA, RIP 🙏🏻
Co-Founder & MD, Qyuki

rollingstoneindia.com/qyuki-co-found…

Thread.....

https://twitter.com/blumeventures/status/1272140037560373248

2/
I had heard of Qyuki even before Samir joined+took the helm.

It was conceived by @shekharkapur + @arrahman. A few years later, @sanjaynath said that he had run into the dynamic man now in charge.

Given my love for media, I should hear him out - this man was @samirbangara

1/n
Was in London this past week. Discovered two types of old £50, £10 and even a £1 note in an old dabba from some trip 4-5 years ago. Happily whipped them out at a grocery store and was told the notes were not accepted any more 2/n
Was told my best chance was a post office or even better the Bank of England. Of course, I picked the Bank of England. Between two Concalls to HK and Japan, had 15 mins - short walk from Cannon street and Bank tube stations, was let in after I stated my purpose