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Upgrade with Arpit Agarwal, Blume Ventures
93 Plays4 years ago
To kick off the first episode of Upgrade with Nakul, this week we are upgrading with Arpit Agarwal of Blume Ventures.
Arpit is a principal at Blume ventures where he leads science-led and hardware investments in sectors like Biotech, CleanTech, Energy, Electric Vehicles, Robotics and Electronics.
In this candid conversation with Nakul, Arpit talks about his love for deep tech, why he prefers Firefox over Chrome, his views on app censorship & innovation, his take on the classic debate of Android v/s iOS, why cryptocurrency is the future of the world, what exactly is deep tech and much more…
Tune in to get upgraded!
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Transcript
Introduction to 'Upgrade with Naqul'
00:00:00
Speaker
Hello guys, welcome to upgrade with Naqul. The point of the show is, we meet interesting people, they give us their productivity hacks, the technology they use.
Meet the Guest: Arpit, Venture Partner & Tech Enthusiast
00:00:25
Speaker
Welcome to my first episode of Upgrade with Nakul. Let me introduce you to Arpit. Arpit is a partner at Bloom Venture, who is also one of the investors at Cashify. And Cashify is my company. And I know Arpit for a long time now, since he was a volunteer at Head Start. Both volunteer and director, I'd like to call myself volunteer first. Director was just a position I was holding.
00:00:54
Speaker
And Head Start is this organization which helps startups or entrepreneurs network and figure out what they are doing right, wrong. And so it's a helpful kind of volunteer driven organization. So Mary Pelibar Moolakathar Pitsa OC Time Pehui and we have been friends since and now we have a working professional relationship as well.
Arpit's Tech Preferences and Productivity Tools
00:01:19
Speaker
And why I invited him was because I like his view on tech.
00:01:24
Speaker
So because this is a tech podcast and we want to discuss everything tech, I wanted Arpit's view on what his view of tech will be for some time now. And Arpit also invested in deep tech in Bloom. So I think he comes from the right background. So Arpit, just this is my introduction, but I would love to hear more about your deep tech work with Bloom first.
00:01:52
Speaker
Thank you for inviting me over. It is a great pleasure to be speaking to a friend in somewhat of formal capacity and also talk about, I think, my first love, which technology. I want to know, Abhi, what devices do you use? I have a lot of devices. I'm almost a device freak, even though I don't splurge myself. I don't know what to do with my laptop, which is my work laptop.
Browser and Storage Preferences: Privacy and Cloud
00:02:19
Speaker
work laptop in Batanga because I am very passionate about these choices I have a monitor which is my default situation my keyboard and mouse of course I have a phone I have a wireless headphone which has a noise cancelling feature it's a plantronics I have a Bluetooth speaker I have a Alexa which these are all within my site so let's start with your work laptop which laptop do you have
00:02:47
Speaker
I am a Windows plus Android person. I will talk about Apple philosophy later, but I have a Dell laptop, Dell Latitude. This one is a 7400 series laptop, recently purchased, only about 10 days back. And the previous laptop was Latitude 5280, again a Dell. My laptop is a very important factor. As in, I have a minute of downtime. Okay.
00:03:17
Speaker
There is no matter whether it is a laptop or not. There is no control link or not. Or if it is a laptop, it is robust. If it is a tool, it is a tool. Or if it is a feature, it is a latitude feature.
00:03:34
Speaker
So, the laptop has been captured, the laptop has been shut down, the battery life has been lost, the previous laptop has been shut down, the team has been travelling with me, the team has been travelling with me, the team has been travelling with me. I chose not to carry a charger with me. I don't have a charger, I don't have a charger, I don't have a charger because I don't have a charger because I don't have a charger because I don't have a charger because I don't have a charger because I don't have a charger because I don't have a charger
00:04:05
Speaker
So that is positive touch screen laptop because touch is a it's not expensive feature, but that's because I use no windows have windows 10 solar GB RAM
00:04:20
Speaker
Because when I was in art, I was able to run my previous laptop. And I was able to operate it eventually. So I was able to run it. And I was able to use the infrared camera to face the camera. That is basically just for fun, vanity mostly. And also, in regular applications, Firefox is what I use on the laptop. And I have WhatsApp, desktop. Why not Chrome?
00:04:48
Speaker
This is a philosophical challenge. Although you will later when I say that I don't care so much about privacy, but Firefox is a bit of a privacy challenge. One. And on the other hand, it's eccentric. There were a few web pages which when loaded on Chrome did not look as good as when they were loaded on Firefox.
00:05:16
Speaker
Firefox is like the ready replacement. It is a ready replacement. But if you are a eccentric guy, then why not an opera or an epic browser? I'm not eccentric. I'm utilitarian. I'm very, very particular about closing tabs.
00:05:44
Speaker
There is a productivity feature. And there is a saying that the number of tabs in your browser is a reflection of your personality. Just make a Chrome browser at any point of time.
00:06:13
Speaker
It's not easy for me to do this. If you like my life by email or WhatsApp, it's a very important thing to do. You can also use the desktop app. You can also use Gmail as an interface. Gmail is very productive and fast. You can also use the old school app. If you want to use it, you can use it as documents or as mail. You can also use it as an offline. You
Android vs Apple: Loyalty and Preferences
00:06:39
Speaker
can also use it as an internet service.
00:06:42
Speaker
So after her document is on cloud or is it not? All my, I use cloud as a backup. So I have everything on the cloud backed up, everything important on the cloud backup. And now with the new laptop, I moved on to this era where I operate on the cloud folder.
00:07:10
Speaker
Interesting. I have moved on. I moved on everything cloud. So I don't store anything on my hard disk. I store everything on my cloud. This is the right thing to do. Everyone has a different workflow around it. I am very settled in my workflow.
00:07:30
Speaker
I struggled very hard to get VINAM when I got my previous laptop about 3 years back. But VINAM can't latest support MP4 files. How many files are there? How many files are there in VINAM? VINAM is the best for engineering. Oh my god, it has skin and skin.
00:08:01
Speaker
Very interesting. I'm just thinking, when was the last time I used a music media player? And I can't think of it. I can show her.
00:08:27
Speaker
we have come to an era where streaming is fine. Or actually, in terms of software, my phone has for example 150 plus apps at this point.
00:08:54
Speaker
I don't know if there are any stories that you can download or delete. I don't know if you can download or delete or not. So there is no need to really shut that down. I don't know if there are any notifications, but I don't know if there are any notifications. Don't delete it. I don't know if there is any place where you can download it or not.
00:09:24
Speaker
I should do that. Especially during the pre-Covid, the airport was better. So the Play Store has gone to the dogs. But that's another story. Yes, Play Store is
00:09:46
Speaker
I don't know whether they are oriented towards people like you and me, who are more power users. They're probably more oriented towards what is popular and what is lowest score. No, I think the most important thing about Apple is that it has 30 censoring points. You and me both know that the market has tens of millions of dollars. It's not about the first-time user or the age group. It's about the age group. Some censorship is required.
00:10:17
Speaker
It's a crap app. It's top 20, 30, beyond that top 100. It's a crap app. On the part of censorship, I have a view that there is a lot of people who are using the app to develop their own platform. So, there are a lot of people who are using the app.
00:10:52
Speaker
I agree with you 100%. While I hate that about Android, that's what I love them about also.
00:11:05
Speaker
This is just my view. Again, there are so many people who will listen to your podcast and people who will listen to your Apple products. I agree, Apple products are good. They are good. My wife and I have been using iPad Mini for so many years.
00:11:26
Speaker
The battery display is brilliant. Everything is great about that product. I think that Apple will enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple to enable Apple
00:11:51
Speaker
We have to dictate that. If you use bluetooth, you can use it. If you use it, you can use it. If you use it, you can use it. If you use it, you can use it. If you use it, you can use it. If you use it, you can use it. If you use it, you can use it.
00:12:09
Speaker
It is about saying, what am I aligning to? And am I aligning to Apple ecosystem with tight integration? Mac or iPhone, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple Watch, Apple
00:12:34
Speaker
But I have decided after a very careful consideration that that is not correct. So what do you like about Android? So let's come to phones. So you don't like Apple because it is a restrictive environment. And I agree with you. You and me have similar views. For example, I still use a MacBook. But I have burned the windows into it.
00:13:01
Speaker
Because again, I don't want to get restricted with an Apple ecosystem. And Windows allow me to download, experiment, anything. So I want an emulator also. My Android because it is round. My pass is actually triple booting. My Linux is running. My Linux is running. My Linux is running. I worked on it and I don't know what it is. But yes. But it is not working.
00:13:27
Speaker
For example, again, if I like some software and I want to see, I have a platform where I can go. So I also have a Mac ecosystem. Because if you look at US developers, I want to see Apple ecosystem launch. So I want to see.
00:13:49
Speaker
So to that extent, I agree, although now everyone is going to browser, browser has become all powerful. So I can experience that on Windows equally as much as Mac. But sure, I definitely miss that part. And I'm OK, because it's not an image of the app. It's not an app. It's not an app. It's a US launch. It's an Indian launch.
00:14:10
Speaker
And India's developers are very large. So I do not feel, I continue to feel that Android is my leading edge of the innovation. As an investor,
00:14:41
Speaker
Do they come with Android or do they come with
Device Upgrade Philosophy and Android Updates Discussion
00:14:44
Speaker
iOS? Because I remember IOS is the best way to invest in iOS. But it's not strong. If you have a market, you can't do it. If you have an iOS market, you can't do it. If you have an iOS market, you can't do it. If you have an iOS market, you can't do it. If you have an iOS market, you can't do it. If you have choice, you can't do it. If you have choice, you can't do it. If you have choice, you can't do it. If you have choice, you can't do it.
00:15:08
Speaker
Yeah, so there you are. And if global market is your target audience, sure, we can talk about it. So what about your device range? What do you keep? One device, two devices, two sims? Unfortunately, I'm not able to handle more than one device. I did try keeping two devices a few years back.
00:15:34
Speaker
One for work, one for personal usage. But the boundaries have so blurred in our life. WhatsApp has blurred everything. And phone calls, whenever they happen, they happen on the same device. So I have stopped keeping multiple devices. I do have a Geosim. And the Geosim was first utilitarian because my
00:15:58
Speaker
My bedroom has bad signal for Airtel. Since then, Airtel has improved the signal and my bedroom now has good enough signal. But that is why I bought the Geo and I wanted to experience Geo ecosystem and I'm really impressed with what they have built. Some of my colleagues are using Geo Post-Paid and they say are even better than anything else that they have experienced.
00:16:19
Speaker
So there must be a good reason why they are saying this. And that remains an option. But I'm pretty happy with Airtel. I've been an Airtel customer for 15 years. More than that. And I am pretty happy with the Airtel service and network and all that. Airtel has kept me quite satisfied. It's very important that they will do whatever best they can. But it's very important that they have a core product.
00:16:50
Speaker
I don't see a reason to move. I've seen people cribbing about Boda phone, but I've never seen people cribbing about Airtel off late. Plus, I've never seen people cribbing about Airtel network, which I'm very happy with. Okay. So, Abhi, what's your phone's use for this? I've seen OnePlus 5T.
00:17:13
Speaker
This is what I bought from PhonePro by Cashify. And my previous phone was also PhonePro by Cashify. I am, as I mentioned to you, extremely value sensitive, value for money kind of person. I don't see a reason why people should buy new phones at all. If old phone is available at one cheaper price to with some kind of warranty and a brand value and which I can trust.
00:17:40
Speaker
And even if I did not know about Cashefi, I would have definitely tried PhonePro because what you're doing with PhonePro is outstanding in my opinion. I love you for this. I love your brand plug.
00:18:02
Speaker
Yes, and my entire family, my in-laws, my wife and my parents all use OnPro products. So, you are on 5T? Yes, we are on 8Pro. Sure. So, a teen generation, I will go to 6 or 7 now. I will change my phone, but I don't
00:18:33
Speaker
My vanity is a weak point. I can't care about it enough. So, I am very happy with this. I am very happy with this. When do you feel the need to upgrade?
00:18:56
Speaker
Actually, we need to take care of the phone. We need to take care of the phone. We need to take care of the phone. That will probably become the need to upgrade. We need to take care of the phone. And do you have a thesis on the Android 9, 10, 11? How do you follow this?
00:19:20
Speaker
I think it's been a long time since I've been able to follow this feature. The phone upgrades are available and the upgrades have appeared promptly. But I've stopped following what is the new feature, how are they launching. Because it feels as if, maybe I've become busier, that could be a reason. But it feels as if it's a minor improvement, which is 99% of the range.
00:19:45
Speaker
If we change the camera, improve the user interface, improve the privacy of Google, we can focus on Android 9 and Android 10. If we focus on privacy, we can focus on location. Which is good. More privacy is better. That comes with the phone challenges. It comes with the phone challenges. It is very painful for developers.
00:20:10
Speaker
I shifted from 9 to 10. I am okay. 10 looks good. It says all the features I want. I have lost touch with the latest and best in this case. I am a little more concerned about
00:20:35
Speaker
utility and I know what kind of person I am. So I have stopped being excited about any other use case.
Home Entertainment Wishlist
00:20:42
Speaker
I think that is what has happened to me. Acha. Acha. Very interesting. I want to do you have some wish list of device which you are not getting hands on or you think is frivolous by and yeah, look, faltome mein gachis karidh lo mein yeh, or
00:21:04
Speaker
maybe may use Karuna Karuna and it could be it of any category it doesn't have to be a phone it can be a microwave or some some bullshit gadget which you really yearn for but don't buy gadgets so I yearn for a lot one gadget which is top of my my knuckle right now is a large screen OLED TV
00:21:26
Speaker
65-inch type. 65-inch type. But 65-inch would be great. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now. It is a little too expensive right now.
00:21:56
Speaker
I don't know what to do with this device. This device has a very high quality sound system. I currently buy the mid-range or lower budget kind of range sound systems for my home usage. I care a lot about music but I have not invested into a very good very high quality sound system. I do think Bose is a good choice but I don't know what is better.
00:22:25
Speaker
So, at some point, I will want to splurge. So, I realized, our ears are far more useful than our eyes. Eyes are distracted.
00:23:03
Speaker
So it feels short-lived.
00:23:15
Speaker
Excitement is a conflict problem. For example, for example, if you have an ex-smart table, a coffee table, a touch screen, a music player, or a fridge.
00:23:37
Speaker
If you have a team in front.
00:23:50
Speaker
I would definitely like to buy a touchscreen whiteboard which I can install in all our offices and then we can engage on Zoom with it because that is the only thing that Zoom is not able to provide which is free flowing creativity and sharing of ideas via whiteboard.
00:24:15
Speaker
It was the device that I saw was not very impressive. But I think the time has come when we will all should have... I haven't yet experimented, but at least iPad, Cupid, Zoom, Installed, Wideboard will try it. No. No, Amazon will be 40,000.
Investing in Bitcoin and Cryptocurrency
00:24:43
Speaker
Shit.
00:24:44
Speaker
10-inch. 10-inch? 10-inch office. I would rather put an iPad to this. And then there is a 6,000 rupees device. If you really want to buy it. 6,000 rupees device. Which is only for this purpose. The designers use it. Do you have a pen or something? I don't know. I don't know what office it is. There is a zoom on it. And there is a camera on it.
00:25:13
Speaker
So you get whiteboard and you get the other thing. That's a good one. You can use it for teaching or something like that.
00:25:41
Speaker
That's it. That's it. That's it. That's it. That's it. That's it. That's it. That's it. That's it.
00:26:02
Speaker
So, the technology has to be scaled. So, the high usage technology has to be scaled. As the process is already powerful, I5, I7s are teraflop range. So, we come to a very important section. I wanted to discuss with you. So, in 2015,
00:26:28
Speaker
I called you and said, what is Bitcoin? You encouraged me and then I discovered you and I did not. You did not? I did not. And I am regretting it till today. 2015, 17. What did you say? That was 17. That was 17. I bought Bitcoin.
00:26:58
Speaker
So what is your thesis on crypto, Bitcoin?
00:27:21
Speaker
What would you say you have invested in? I have invested. So my background as an investor, we have invested in a company called Unocoin, which is one of India's largest Bitcoin cryptocurrency exchanges. They were also people who won the Supreme Court order. This company and founders are behind it.
00:27:52
Speaker
and now they are restarting their business, already restarted. So, professional or personal side, I always wanted to, when I looked at crypto, it did not feel as if, it felt as if crypto is the answer to all kind of challenges that money is currently facing.
00:28:16
Speaker
In 1944, the Bretton Woods agreement came out. The Bretton Woods agreement came out that the system would be able to get the currency value, or the currency exchange would be able to be exchanged. And that system is still applicable across the world in some shape and form, although obviously it is far modified. But the system is a challenge. It works very well within the country. If you look at it, you can see that it works very well within the country.
00:28:45
Speaker
If you look at it, you can see that it is very expensive. It is very expensive, it is very slow, and it is very painful. It is not easily accessible. If you look at it, you can see that
00:29:06
Speaker
Trust was centralized. Even if the average consumer has support of 2000 people,
00:29:31
Speaker
We don't think of that as our default behavior. Most people in this world do not necessarily trust their government, or at least don't trust their government blindly. If they trust their government, they will say, Trump is a supporter, he is a supporter, Modi is a supporter, he is a supporter. It doesn't matter. But if they trust their government, they will say, money will be a trust.
00:30:03
Speaker
So therefore, my thesis is that trust has to become decentralized across our entire lives.
00:30:17
Speaker
It is a process that we have to process. We have to trust and decentralize. We have to look for hoops to cross. We have to look for challenges to cross. Bitcoin allows us to allow money to happen without trust. Or rather, it is called distributed trust. And the technology is outstanding in nature. So, we have to look for Bitcoin and Bitcoin.
00:30:45
Speaker
If you believe in Bitcoin, you will believe in it. If you believe in Bitcoin, you will believe in it. Bitcoin is your ship and you will believe in it. If you believe in it, you will believe in it. If you believe in it, you will believe in it. But cryptocurrency is the future of this world. If you believe in it, you will believe in it, you will believe in it. But who is the guarantor? If you believe in it, you will believe in it.
00:31:15
Speaker
Trust. No, no, no. Obviously, no. Palaiso currency thi. Palaiso currency thi. Uska guarantor tha government, right? That's why... Basically, what you said is, you trusted government as centralized authority for your system, with a monetary system. No, I trusted the government to honor it.
00:31:41
Speaker
Now, I am saying the paradigm, different paradigm is you don't have to trust any government or any single person.
00:31:48
Speaker
So if I don't have to trust anybody, who is going to honor it? For example, if I don't have to trust anybody, who is going to honor it? For example, if I don't have to trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it? If I don't trust anybody, who is going to honor it?
00:32:17
Speaker
It's a demand supply run currency, right. Other, maybe Pansolok Marjan, the top Bitcoin man, who owns 70-80% of Bitcoin, or Unkei Saat Unkei Bitcoin Marjan, because they are already there. They retire with the key, right. Or demand supply Hani, Google owner. So, number one, Arthola Dramatic Bolrayonakul,
00:32:45
Speaker
There are more than a few million people who hold Bitcoin today. Sure. Okay. So what does that allow you to say that it is very hard for all these millions of people to die together and for all of them to forget their keys at the same time. That's number one. Number two, market will liquidity per day more than $10 billion of Bitcoin are exchanging hands every day.
00:33:13
Speaker
which is a very high amount of load. There will be a market tomorrow. These are the two points. I don't want you to think of Bitcoin as a store of value, as an asset. I want you to think of Bitcoin as the future of monetary system.
00:33:42
Speaker
and you are investing in the future of the monetary system. If you are investing in the future of the monetary system, if you are investing in the future of the monetary system, if you are investing in the future of the monetary system, if you are investing in the future of the monetary system, if you are investing in the future of the monetary system, if you are investing in the future of the monetary system, if you are investing in the future of the monetary system,
00:34:30
Speaker
So have you liquidated any of your Bitcoin?
00:34:36
Speaker
So your thesis is you will keep it for another decade. I will keep it as long as I have, I don't need it in an emergency. I don't know when, maybe that is not next decade, maybe that is lifetime.
Thematic Investing vs Individual Stocks
00:34:49
Speaker
And you have only bought Bitcoin. You have not bought any other. I bought a couple of other currencies, but I am now consolidated to Bitcoin. You feel Bitcoin is here to stay. I feel no one can kill Bitcoin. Very slightly different answer.
00:35:05
Speaker
I am saying no one can kill bit one. And do you invest in stocks? I do. Do you only bet on tech stocks or do you bet on all kind of stocks?
00:35:16
Speaker
This might appear as another plug, but I passionately believe in this. The moment small case came, I said, this is very interesting. I can now think of themes. I can think of the sector and the theme. And the theme is that they have abstracted the knowledge of stocks from
00:35:40
Speaker
from my knowledge and they are only talking to me like themes. That is very, very impressive to me. So, what is the theme of this talk? What is the theme of this talk? What is the theme of this talk? What is the theme of this talk?
00:36:08
Speaker
So, you have to agree that there is a lot of growth here. But you have to agree that there is a lot of growth here. So, there is a lot of stock that is being represented here. So, which also is done by your bank, your wealth manager or bank? Well, the bank's wealth manager seems to have a lot of individual stock recommendations. So, there is a lot of individual stock. Because I just can't manage that.
00:36:38
Speaker
So I would rather go to a theme. Plus, you can click and buy everything. And it works like magic. So if you want to find individual stocks, that is not something I want to do. That is not something I want to do. Which is why, actually, smallcase has become a favorite tool of a manager of HDFC security manager.
00:37:06
Speaker
So let's move on from your investment.
Inspiring Entrepreneurs and Creating Impact
00:37:10
Speaker
For example, for me, Elon is like the person for a tech guy I look up for. He is the ultimate person globally. Asakoi, who are your inspirations, people you look up to? I am in a post-hero world.
00:37:37
Speaker
I believe that we are in a post hero world or at least maybe I have outgrown my passion for heroes for example
00:37:45
Speaker
I am passionate about entrepreneurship. So top entrepreneurs in this world, Musk including and Bezos and Bill Gates and so many other people and in closer in India, people like Mukesh Ambani or others or Adani and so on are fabulous people. I am extremely impressed by what they have managed to accomplish.
00:38:08
Speaker
and what they have managed to do. Of course, they are doing the best for their business. And in large sense, they're also doing what is best for their companies in making whatever they're making. And maybe some systems allow it and some systems don't allow it to play accordingly. But the point is that they are doing their best in maximizing their own wealth. When they are maximizing their own wealth, and you and I are fully aware of it, they are probably also posturing
00:38:38
Speaker
in a way that maximizes their own wealth. So I would have gone to Elon and said, I want to be part of your mission Mars. I want to be part of SpaceX. I want to settle in your colony in Mars. And I want to contribute to whatever in my capacity I can to get there with you.
00:39:08
Speaker
right. What would you want to do if you have this choice kind of choice?
00:39:23
Speaker
The company already has a company already. It's called SpaceX. It's called Tesla. The company already has a company already. It's a smart, smart company. But it's not a smart company. It's not a smart company. But it's not a smart company. It's a 10x company.
00:39:47
Speaker
I think it is exciting. I think it is very exciting. So for me, exciting is going to Mars. Not SpaceX as a company. For me, exciting is scale. Amazing is impact. How do I get 1 x 100? I get 1 x 100, yes. I want to create impact. I want to scale up things.
00:40:12
Speaker
This is what is exciting to me. So I have no problem with
Deep Tech's Role in Innovation
00:40:21
Speaker
it. I probably will prefer that. I have no problem with it. I probably will prefer that. I have no problem with it. I have no problem with it. I probably will prefer that. I have no problem with it. I have no problem with it. I probably will prefer that. I have no problem with it. I have no problem with it. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will prefer that. I probably will
00:40:40
Speaker
It is very important to be able to use deep tech as well as deep tech. It is very important to be able to use deep tech as well as deep tech. It is very important to be able to use deep tech as well as deep tech. It is very important to be able to use deep tech as well as deep tech. It is very important to use deep tech as well as deep tech. It is very important to use deep tech as well as deep tech.
00:41:11
Speaker
Aaj is not Deep Tech. If you look at the web application, you can see that there is a lot of AI in Deep Tech. So, you can see that there is a lot of research in Deep Tech. And Aaj has a lot of research in the AICB limit, GPT-3, and so on.
00:41:31
Speaker
Deep Tech is one of the biggest companies, sector and businesses in the world. It is cutting edge technology on a world-class scale.
00:41:43
Speaker
In the world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class world class
00:42:04
Speaker
And then you have to build everything else around it. Sales team, support team, implementation team. I will give you some examples of that. For example, let's say the company's company is grey orange. Grey orange is a very large robot. It is a warehouse that automates it. Where is it? Warehouse automation was a very big challenge.
00:42:35
Speaker
This was a deep tech. This was a deep tech. It was a technology like existing problem solved and it was a company or business company.
00:42:55
Speaker
So, it's a deep tech. Yeah, it's a deep tech. It's a routine to a large extent. It's a grey orange. It's also a grey orange. It must be far more deep tech. R&D would be very strong and doing a lot of new things. But the core concept was deep tech at that point of time. Not anymore because there are so many other people who are also providing the same thing.
00:43:24
Speaker
If I get it right, it's like a drone launch. Deep tech. Deep tech. What's the commodity? It's a commodity. It's a company from IIT Bombay. It's a company from Idea Forge. It has three units. So, three units have a drone. It's a company. It's a company from India. It's a drone from Idea Forge. In India, it has a drone. It has a battery.
00:43:53
Speaker
The job which is already not existing and is a new thing is deep tech. And when it becomes commoditized, when it becomes more and more prevalent, it becomes less deep tech and then becomes regular and it stops being deep tech. Yes, broadly. So if point of view, say it's a job
00:44:31
Speaker
Strong technology is a big part of our user interface. Although, TikTok's success is a big part of the reason why we have strong recommendation, algorithm, artificial intelligence and deep learning. This is our experience. Click on TikTok's front-end for deep tech. Back-end.
00:44:38
Speaker
And again, you can correct me if I'm wrong. You have TikTok me short video format.
00:45:01
Speaker
So guys, upgrade work here. You are listening to a production of the Kodym.in Don't forget to like and subscribe to the show.