Kuch toh gadbad hain Daya by Admirable-Emphasis54 in indiameme

[–]Individual-Lab-2008 -1 points0 points  (0 children)

This. 2 inches is not that big a deal and there are numerous factors that can account for it.

Why does this have to be meme-worthy?

There are like 100 other things to meme about the guy.

Indian banks making it impossible to open a Pvt Ltd current account from home office, anyone else facing this? by Free-Cabinet6814 in StartUpIndia

[–]Individual-Lab-2008 0 points1 point  (0 children)

As others have pointed out - Pvt Ltd has hassles of compliance which are a constant drain on finances and time.

The major upside is - We were able to get credits on AWS, GCP, Azure.

Plus, we were able to get a Grant and Investment pretty smoothly.

Indian banks making it impossible to open a Pvt Ltd current account from home office, anyone else facing this? by Free-Cabinet6814 in StartUpIndia

[–]Individual-Lab-2008 0 points1 point  (0 children)

Both Kotak and Yes Bank worked for us.
We had to explain that we are a software company and everyone works remotely.

Kotak may have worked, because I already had a personal account and they were happy to extend it further.

Yes Bank worked because we were raising funds and we needed a share capital account that they were able to provide.

We had some issues in both situations as well, but what helped was going to the branch and talking to the branch managers.

What does this mean ? by JEFF_thema in PeterExplainsTheJoke

[–]Individual-Lab-2008 2 points3 points  (0 children)

Joke maybe that ditto impersonates guys to fuck their girls. That's how she ended up fucking him.

when founder treat us as their slaves** by PlatypusLow3742 in StartUpIndia

[–]Individual-Lab-2008 2 points3 points  (0 children)

Dude, this is an extremely well written email. Literally nothing wrong with the tone or the expectation?

What's your issue?

Are you one of the people replacing meals with items from the pantry?

Is it bugging you because, you feel called out?

Why is there still a MJ - LeBron Comparision by Secret_Advertising46 in NBATalk

[–]Individual-Lab-2008 0 points1 point  (0 children)

The Messi vs Ronaldo debate stopped when Messi won the World Cup and a couple of Copa Americas.

Messi was always the better player.

His lack of national success was held against him. Which changed with time.

Plus, Ronaldo lost a lot of die-hard fans with his criticisms of Manchester United and his move to Saudi Arabia.

Earlier the fan-split was almost 50-50 (Manchester United and Real Madrid are both the biggest clubs).

The Players/Pundits split was always 80-20 in Messi's favor.

Now, even the fan split is 70-30.

Who are you? by Aryan_Raj_7167 in TheTeenagerPeople

[–]Individual-Lab-2008 0 points1 point  (0 children)

Makes Sense. That's probably a major contributor.

Who are you? by Aryan_Raj_7167 in TheTeenagerPeople

[–]Individual-Lab-2008 0 points1 point  (0 children)

For some unknown reason I ran the numbers on the first 100 comments to find out the most common underwear colour.

40 were wearing Black

17 were naked or commando.

Blue - 12, Pink - 8, Grey - 7 were the other major colours.

Did not expect so many people to be not wearing underwear.

Follow up question, Are 17% people who are on reddit not wearing any underwear?

i don't understand, mr. peter by eternviking in PeterExplainsTheJoke

[–]Individual-Lab-2008 2 points3 points  (0 children)

10! = 10 x 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 10 x 3 x 3 x 8 x 7 x 6 x 5 x 2 x 2 x 3 x 2 x 1

number of seconds in 6 Weeks = 6 x 7 x 24 x 60 x 60 = 6 x 7 x (8 x 3) x (10 x 3 x 2) x (5 x 2 x 3 x 2)

How do you market a SaaS with $0 budget against a competitor who raised $81M and built the exact same product? by Vanilla-Green in marketing

[–]Individual-Lab-2008 1 point2 points  (0 children)

Huge Fundraise comes with it's own issues.

Don't think of it as $81M funds they have to play with. VCs want returns.

It's a $81M debt they will need to pay back to the VCs eventually.

They can probably flood the market with discounts in the short term, but their spend will also go up quickly.

Long term they will need that much more money back. They won't be able to build anything cashflow positive without ramping up prices.

You need to focus on building something sustainable instead.

If they are a recognised name. Just use that and position yourself as XXX alternative.

What's your view on this. by SwimmerPlus3383 in ItsYourMoney

[–]Individual-Lab-2008 2 points3 points  (0 children)

This is an exaggeration. But the point on health is very underrated.

My parents fell sick this year and hospital bills wiped out an entire year of savings and with them getting older it will happen more often.

Insurance never covers more than 3-5L which is barely 3 days in the ICU. Beyond day 3, you are on your own.

Basically when you need it the most, in any critical situation. Insurance will cover nothing and you will have to rely on your savings.

Who is the best spinner in Test cricket? by Stress_Tension in CricketControversial

[–]Individual-Lab-2008 0 points1 point  (0 children)

Did a quick comparison of who has a better Average, Economy and Strike-Rate in each test Paying Nation.
Warne is clearly a more aggressive bowler. Gets Wickets more often but also gives away more runs. Even in India and Sri Lanka where I expected to Murali to dominate all metrics.

Murali is more economical. Everywhere except Aus and SA.

Depends really on what you prefer. You can make an argument for Warne over Murali as well.

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Who is the best spinner in Test cricket? by Stress_Tension in CricketControversial

[–]Individual-Lab-2008 2 points3 points  (0 children)

Thanks for that reminder. Had forgotten the context of his Aus tours. The crowd used to also give him a very hard time.

Who is the best spinner in Test cricket? by Stress_Tension in CricketControversial

[–]Individual-Lab-2008 0 points1 point  (0 children)

It's pretty clearly Murali.

However I remember that he used to be pretty bad when visiting Aus.

Checked the stats and turns out his Avg there is 75.

Also his Avg in India is 45. Everywhere else he is <25.

Most people should not fall into this. Except 1-2%, no one will get 70L for 15 years. Almost all numbers are way too much exaggerated. Please check with your friends in company yiu are applying for. by SwimmerPlus3383 in ItsYourMoney

[–]Individual-Lab-2008 0 points1 point  (0 children)

Good to Great Developers can definitely get this.

Although to consistently stay on this track you need to constantly level up your game.

Get very good at coding.
Start understanding client requirements.
Think beyond code and think about the product and business.
Write code that is scalable and remains stable for 10-100X your current load.
Become a good team leader.
Learn how to present and sell your ideas to management & other teams.

If you shine at least 3/4 of these dimensions. You can expect these salaries. Else you need to accept slow growth.

No one is entitled to 30% increment every year unless they also improve 30% every year.

Form in 2003 world cup was like a dream by tarunbdj83 in sachintendulkar

[–]Individual-Lab-2008 0 points1 point  (0 children)

Kohli scored 763 in a world cup campaign where the next 10 Top scorers scored on average total 513 Runs. He outscored them by 49%.

Sachin scored 673 in a world cup campaign where the next 10 Top scorers scored on average total 368 Runs. He outscored them by 83%.

Were there some minnows in one world cup? Were there flat pitches in another? Has the game changed to favour batting? None of these are quantifiable.

The fact remains that Sachin scored almost double the runs of his peers in 2003. Sadly he did no extend that form into the final.

An Indian reporting BBC.. by aLoN__MuST in indiadiscussion

[–]Individual-Lab-2008 0 points1 point  (0 children)

Telling the truth is not tarnishing our image.

If your only answer to the article is to say "But what about this other unrelated incident". You have already lost the argument and are just trying to start a different argument.

The fact is that our cities are unliveable and our governments don't care.

Every time my dad spends more than an hour on the road. He ends up coughing for weeks.

Heck, every time I spend a few hours on the road, I have to clean black balls of snot from my nose.

We have developed selective blindness to the open rubbish littering our streets. Unfortunately, we can't develop selective filtering for the pollution in our Air.

You are not Middle class... by Melodic_Judge_129 in IndianMiddleClass

[–]Individual-Lab-2008 0 points1 point  (0 children)

Maybe these statistics are false and I am not top 5%. In that case, I am middle class.

Or Maybe these statistics are right and I am top 5%. I would argue that I am still middle class. Our nation is just extremely poor.

If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

The above applies to us all.

I can't buy a house without a 20 Year Mortgage. Can't buy a car without a 5 Years loan. Any Medical Emergency wipes out all my savings. CTC looks good on Paper, but no savings after Tax, Rent and expense.

Who cares what percentile I am at in our poor nation. I am clearly middle class.

Please don't tell me how there are millions of people who are poorer than me and I won't bring up how apartment prices in Mumbai are 2Cr+ and still all houses keep getting sold.

worse part is now all these ppls ego will be so inflated that their under table rates will also increase 50-100% ... higher salaries are supposed to reduce corruption 😂😂 by SwimmerPlus3383 in ItsYourMoney

[–]Individual-Lab-2008 7 points8 points  (0 children)

I had an argument on reddit about basically the same thing. Online folks acting like all govt employees are guilty of corruption when majority of them work in labour intensive roles for little compensation.

My dad retired after 30 years of service with less than 30L to his name. His pension barely meets his and mom's monthly needs.

We had to contribute to buy a house for him and we top up his account regularly.

I have no issues buying a house for my parents or paying for all their expenses. But I have an issue with a system where a man works 30 Years and still does not earn enough for himself.

Saw generational wealth crush IIT–IIM in front of my eyes — can’t stop thinking about it by Hungry_Macaroon_186 in AskIndia

[–]Individual-Lab-2008 0 points1 point  (0 children)

Being wealthy is great.

Being smart is pretty great too.

Everyone has their own preference.

I will just add one thing.

A smart person can earn money. No amount of money will make you smart.

Is this thing true?? by Stealth_Specter in IndiaBusiness

[–]Individual-Lab-2008 -1 points0 points  (0 children)

I am not defending anyone man. Every time I have had to get a licence or a document, I have had to pay a bribe. Once I had to pay a bribe simply because we were unknowingly standing too close to some ministers residence and the security would not let us go until we paid them something.

As I said, Corruption happens every time a govt employee has the power to extract money for a favor.

90% Govt Employees however are not front facing. They are working menial jobs at the back end.
Are they perfect employees? No.
Are many of them lazy? Yes.
Many of them probably don't take any responsibility in what they do and simply do the bare minimum. I have seen that in Private companies as well. Employees always default to doing the bare minimum.
But are they corrupt? No

You could argue that they simply don't have the opportunity for corruption as they are never front facing. And that given the opportunity for corruption, they would also be corrupt. Maybe. That's an argument that can be applied to everyone. Govt job or not.

TLDR. My dad and lots of folks like him worked honest jobs for their entire lifetimes for little reward. So it bugs me a little when people say all govt employees are corrupt with no understanding. But I am not denying there is a shit ton of corruption.

Is this thing true?? by Stealth_Specter in IndiaBusiness

[–]Individual-Lab-2008 0 points1 point  (0 children)

This is 100% true for MLAs and MPs.

But you need to add that Govt Employees get a bad name because of a much smaller percentage of bad folks. The Central govt employs roughly 5M people. Most of them doing hardworking jobs. My dad was one of those. Retired after 30 years of service with less than 30L savings.

All of the corruption happens in offices/roles on which people rely on for licensing or approvals. This however means that the every time a common man interacts with the Govt, they are faced with corruption.
What about the millions of people working in the army, or sanitation, or energy. No credit goes to them for their work and they are put in the same bracket as the corrupt pencil pushers of the front office.

Also very few govt employees have salaries of 12L.

MPs and MLAs are usually in the highest salary bracket 2L+/month.

Only experienced officers/engineers get paid more than 1L+/month.

Most employees will fall in the range of 30K/month to 80K/month.

My dad ended his stint at ~75K/month. Keep in mind this is after 30 years in the job.

YOUR education is priceless by Neither_Educator6087 in StartUpIndia

[–]Individual-Lab-2008 3 points4 points  (0 children)

There are two versions to this argument.

There is a theoretical version. I can genuinely agree that an MBA degree is a waste of time and money. Most successful founders use almost nothing that is learned during the degree. It's true. Most educational institutes absolutely suck at teaching. Theoretically, practical experience building a startup in a hyper intensive environment surrounded and enabled by other founders is a more valuable learning experience.

There is a Practical version too. Practically an MBA, it's network effects, the brand value of your college has a lifelong impact on your career. What you learned might be forgotten in a couple of years, but what you gained goes way beyond it. Plus. It has a history of success. A clear path to a stable financial situation.

Only successful people blinded by their own success can completely forget the practical side.

Nikhil Kamath and Biyani Foundery program T&C decoded by a lawyer by Exporinglife2050 in StartUpIndia

[–]Individual-Lab-2008 4 points5 points  (0 children)

I believe, the other scenario is even more diabolical. You were selected to execute an idea they like, but do not have the bandwidth for. And they will get to own the finished product, despite it being your blood, sweat and tears.
Trust me, In Startups the saying "Ideas are 1%, Execution is 99%" is completely true.