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Perversion of incentives

A year ago, a startup announced a revenue of Rs 10 crore. And profit? Actually, it lost more than 150 crores! If you are wondering, “In which...

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Building mental models

All learning boils down primarily to one thing -- building mental models. During my electrical engineering undergraduate program, we were (involuntarily) subjected to a lot of dense math. At the beginning of the semester, had I seen all those...

Don’t hide from rejection

There are no books on Amazon with a perfect 5-star rating. There are no products that everyone likes. There is no piece of art or music that is universally loved -- in fact, Beethoven's symphonies were widely panned in the day. You can't please...

Don’t forget the real luxuries

The biggest luxury is not Mercedes Maybach. Nor is it holidaying in the $30k-a-night suite in Burj Khalifa. These are just expensive toys and frills. Real luxury is being fit enough to run a few miles without breaking much of a sweat. It is being...

Shark Tank vs. Real Investing

Often, I see people getting worked up about Shark Tank. Remember -- it is a reality show. And a reality show is primarily a show, not reality. What you see on Shark Tank is not the way investment deals are really done. In the world of investing,...

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