Newsletter: Numero Uno

This is a much delayed first version of what me and Gopi Krishna were discussing weeks ago (okay faaaaine, months ago). The idea is essentially to share some interesting stuff that we read online during the week, majorly about the tech space and the financial sector (though ideally I would want to include a lot of general stuff, but we’ll see as it goes).

STUFF I READ AND LIKED

Distribution: The brilliant Ben Horowitz wrote a post on distribution and all that it entails. He writes about choosing the correct distribution channel being a function of the product that you build as well as the target segment. He uses a wide range of examples (mostly tech firms) to describe each scenario. Do give it a read, it is one of my favorite posts over the last couple of months. Link

Instagram tests favorites, looking to reinvent the friend list: Facebook is bringing the concept of customizable “friend lists” to Instagram. What is basically means is you can create a smaller friend list to share stuff with on Instagram, away from the prying eyes of the other hundreds of “other” followers you have. Could have huge ramifications on how the product looks, and will mostly inspire copycats I feel. Link

Less Money, Mo’ Music & Lots of Problems: A Look at the Music Biz: A really old but equally amazing piece on the disruptions in the music industry. PS: This is a very long piece, read only if you have the bandwidth for it. Link

NEWS

Cash becoming obsolete in China: In 2016, China’s mobile payments hit $5.5trillion which more than 50 times $112billion market for the US. Mobile payments are set to surpass Credit Card payments, and if you don't think that’s a bid deal then I don’t know what will be. Why are vendors preferring Mobile payments to Credit cards? Well for once, for a small business owner, printing a QR code and displaying it outside the door for payments is a much cheaper option than buying a credit card machine. Link

Is India’s Economy at an Inflexion point: A lot of India’s macroeconomic indicators are now similar to what they were right before the economic boom of 2002. So is another economic boom on the cards? Post the macro-economic course we had last semester, this piece makes for an interesting read and helps gain insights into the current economic situation and make our own assumptions about how the Indian growth story will play out over the next couple of years. Link

RANDOM STUFF FROM THE NET

Amazon is buying Whole Foods in a $13.7 Billion deal. Why does this deal make sense? Maybe the graph below will make sense. (“Synergy”). Link to tweet

A look at New York in 1911. Fascinating for people who have been to the city to see the skyline change so much since then. Link

VIDEO OF THE WEEK

Watch Netflix Founder and CEO Reed Hastings talk about the firm and its strategy going forward. Reed is one of the most clearest thinkers I have heard. Listen to him if you have some spare time today. Link

(PS: Please share feedback on the content, language and style of this piece, so we can make it better in the coming weeks)