avemuri

10 ms·

61.
by avemuri 12y ago
The law isn't against blasphemy, it's against offending religious sentiments and is deliberately vague. You'd have to prove that the group claiming to be offended is not offended. Stupid, but India has a long history of relig
62.
by avemuri 12y ago
They made it free in response to Microsoft and refocused on monetizing servers.
63.
by avemuri 12y ago
It's downside protection. It's basically saying they get paid before the founders but after loan holders. I'm simplifying, since multiple and/or participating liquidation preference does alter the math, but roughly speak
64.
by avemuri 12y ago
My first job, luckily. The office was a pretty aggressive and political place, lots of people screwing each other over. He had a way of getting things done while still being one of the nicest people I've met. More importantly, he was l
65.
by avemuri 12y ago
They're wild alright. One 'method' that's widely credited is the unofficial policy of shooting poachers on sight. Oldish article, but there's some more detail and context on the situation at Kaziranga (today used as
66.
by avemuri 12y ago
It probably wouldn't be as enlightening to most adults, but Problems in General Physics by Irodov kicked my ass in high school and taught me a lot
67.
by avemuri 12y ago
apurv [at] squadrun.co
68.
by avemuri 12y ago
You may want to take a look at SquadRun. Based out of India, much cheaper. https://squadrun.co/business/ Full disclosure: the founder is a friend.
69.
by avemuri 12y ago
1) It may be depressing wages in the US, but tech wages in India are skyrocketing. The best are leaving for better lives in the US and local companies are realizing they need to compete globally for talent. 2) Capitalism concentrates wealth
70.
by avemuri 12y ago
> It absolutely, positively hurts local labor - naturalized citizens - etc. Without a doubt. This may be unpopular, but so what if it hurts local labor? The global flow of goods is good, but the flow of labor is bad? Twenty years ago Pep
71.
by avemuri 12y ago
While we're on the topic, recommendations for books that cover these topics in more depth?
72.
by avemuri 12y ago
I've been a 11 year customer of Amazon US and a 2 year customer at Amazon.in. They certainly do get Indian culture. Amazon India isn't a bunch of white people from Seattle arriving en masse and setting up shop. They hired locally
73.
by avemuri 12y ago
The RSS tends to co-opt historical figures and revise history to suit their agenda.
74.
by avemuri 12y ago
And it creates coordination across multiple institutions. Everyone may have different solutions, but they must all preserve the same problem.
75.
by avemuri 12y ago
Agreed on the first point, I didn't mean to say honoring the contract is up for debate. On the second, yeah I'd want my helpful early investors to continue to be meaningfully invested. But what about unhelpful ones? I guess I&#x27
76.
by avemuri 12y ago
Agree, you're right on honoring the term once it's been agreed to. Lazy conflation on my part. I'm not sure I follow how the valuation is retroactively renegotiated. Later investors can't dilute an angel unfairly without
77.
by avemuri 12y ago
Forgive me if this is a naive question, but why are pro-rata rights considered standard? It seems like it's essentially the right to dilute founders in the future to maintain your ownership. Yes you're investing early, but that&#x
78.
by avemuri 12y ago
It's more like saying a masseur doesn't have a deep knowledge of anatomy. For most healthy people it wouldn't be an issue if the masseur just did what they were taught, but they'll consistently be suboptimal and will occ
79.
by avemuri 12y ago
Hey Paras, congratulations on launch. Minor comment on your pricing table - the comma separator in the lakh position is uncommon everywhere but India. Made me double to a double take after I initially read it as a million users instead of 1
80.
by avemuri 12y ago
>> The problem with freedom of labour and open borders is that it's usually just one way. It's only a problem if you're a working class American or an Indian business. It's great if you're a working class Indi
81.
by avemuri 13y ago
This question is getting tiresome. ISRO gathers data on crop yields, irrigation, forest cover, and weather, all of which benefit regular Indians. ISRO is why India is on the verge of launching it's own GPS system. ISRO is one of the ch
82.
by avemuri 13y ago
We run two startup coworking spaces in Delhi, so not too far away. I don't know how tied you are to Chandigarh, but I can introduce you to a few startups that are looking for devs. Even if you can't move, shoot me an email, we reg
83.
by avemuri 13y ago
I'd look at the payment processors too. CitrusPay, PayU, CCAvenue, Zaakpay are a few. The retailers themselves haven't really solved the problem to be honest. Most transactions are done via cash on delivery - they've built ca
84.
by avemuri 13y ago
In all fairness, these are tactics to get people with no data plan to start using these services. Data is ridiculously cheap (1GB/month is ~ $4). People with data plans don't really care about google or facebook's data usage.
85.
by avemuri 13y ago
It used to be relatively hassle free until the terrorist attacks of recent years (they used cellphones to coordinate movement). Indian KYC (know your customer) rules are the counterpart of having to take your shoes off at the airport in the
86.
by avemuri 13y ago
You mentioned you invest all over the world. How does the legal stuff work with companies incorporated outside well understood markets like the US, EU, Singapore etc. Do you require they reincorporate somewhere else? How fast do you make de
87.
by avemuri 13y ago
There have been a number, it's just they're mostly small and don't get a huge amount of press. The oldest tech acquisition I remember is Bazee.com, which became Ebay India about a decade ago.
88.
by avemuri 13y ago
Close. As in it's possible, but they don't have dominant market share in many of the industries they have a presence in. Another conglomerate - Reliance - is also in that conversation.
89.
by avemuri 13y ago
By market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer goods...
90.
by avemuri 13y ago
Yahoo seems to have done it. Successfully.

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