India’s millennial and Gen-Z heirs are poised to inherit $382 billion – three times more than their Chinese peers.

I'll be happy to answer any questions about GenZ! GenZ are the most diverse generation (accelerated by growing up with the internet since we were 4 years old) and you cannot generalise by saying 'this is genz' because no matter what, not even 30% of us are similar. Yes, we run after validation on Instagram. And yes it's unhealthy. But it's not fair to single us out. Older generations have also been obsessed with TV News, FB and Twitter. No need to deny, we all know. GenZ also more openly talks about mental health and we call out things which the older generations just accepted as 'aisa hi hota hai'. Think Gender Inclusivity, Harmful Climate Practices, Running after only Salary, Marriage and Kids, Jobs where you're not treated with Basic Human Dignity, Shitty Mental Health, etc. We're conscious about prioritising our mental health, even though it's tougher for us than ever before, so we're sorry if our calling things 'toxic' annoys you a little. We're all extremely concerned about Climate Change because we know we're the last generation which can fix this.

Here is the way it happens Fed in USA will increase interest rates to tame inflation. VCs will have to generate greater returns, because USA bonds give better return than most of the bets they’re going to make. Half of the portfolio companies of normie VCs will go under. All the limited partners who put in the money into VCs pocket to invest, will start drying up. They'll question every investment the VC makes, so ofc they will become risk averse. So VCs will force their companies to become profitable, cut down cost in every way possible. Startups will end up firing 20-30 per of the workforce, its do or die for them. Now, what can you do? 1/ have buffer amount in fixed deposits (5-6 mos of your expenses), amount you can liquidate easily 2/ now is the time to work hard and prove your worth, be the top performer in team. For the first time in 5y, hiring and retaining equation is in employers favor 3/ cut down on buying any assets which are not going to appreciate (esp the ones you’re buying on Emi) 4/ upskill yourself 5/ if possible get a pvt healthcare insurance for you and your loved ones, don't depend on corporate insurance. Remember, USA’s recession is world’s recession. Only question is how the cards are going to fall, together all at once or one by one. Brace up, next 9 mos are going to be the most difficult times you’ve seen in tech in last 2 decades. Godspeed. ps: sector i would stay away from india perspective- edtech for now

- Fast-fashion retailer NewMe has reached 2.5 million mobile app downloads within a year of its launch in early 2023, boasting a 50% customer retention rate. - The company’s revenue has surged 7X to Rs 200 crore in 18 months, translating to a monthly revenue of Rs 18 crore. - Founded in 2022 by Sumit Jasoria, Vinod Naik, Shivam Tripathi, and Himansu Chaudhary, NewMe draws style inspiration from K-pop and resonates with young women. - NewMe secured $18 million in Series A funding in July, led by Accel, with existing investors Fireside and AUM Ventures also participating. - Initially an online-only brand, NewMe now generates 18% of its sales from physical retail and plans to expand to 40-50 locations in 20 cities by the end of March 2024. Source: [The Arc](https://thearcweb.com/article/fast-fashion-newmes-revenue-set-to-cross-rs-200-cr-on-gen-z-demand-TwqKCTMDXdx1DZG5)

Saw a similar post somewhere from an European and I think it’s pretty valid for India. For context, I am in my early 30s, a home owner, living in tier-2 city with a pretty high salary. Recently got married and my wife also works as an Enterprise AE for a listed US company. Our cost of living is pretty low given the house and tier-2 city. Even if we had a kid, the overall cost of living will not change a lot. I got to where I am, economically, by a combination of hard work and luck. Luck definitely was a huge part of it. Knowing the right people at the right time, working on the right technologies helped a lot more in advancing my career a lot more than grinding for good grades. Even the ability to buy a house without much debt, was partly because I was lucky to sell my shares in a fairly small startup. It would be easy to say things aren’t economically bad based on my own experience or that of my close friends. However, when I look at things more objectively, I can’t help but come to the conclusion that we are screwed as a generation. Except for maybe the top 1%, salaries are not keeping up even with inflation. Housing costs, specially in tier 1/2 cities are unbelievably high even if you want an average apartment. Jobs are no where to be seen. The whole generation is living in the hope of the stock market rally never ending. This seems completely unsustainable as a nation. I might be doing well for now, but I still recognise how these are real problems for most Indians, who’ve been waiting for India’s century for 20 years Given that the services industry contributes more than 50% to the GDP, the current state of joblessness, the overall sluggishness in IT and related sectors, and the fundamental changes happening to the way IT services now work, I wouldn’t be surprised if we see a complete recession in the next 4-5 years. Lately, there has been a lot of criticism of anyone expressing anger on how bad things are but I think it’s helpful to talk about this.

Recently can see many ppl discussing about trading in stocks than investment. Also I do feel that the likely hood of Zerodha and other platforms to grow with the number of demat accounts being opened is increasing every year. So will trading become a common thing which many would try as a part time and turn into full time with the catastrophic growth that everyone is projecting india in next 10 years ?

Confused if i should go for MS CS from USA or stay in India, how would you decide? I have almost 5 years of experience as a software engineer in India. Its been a long time now, that i am confused if i should go to US for MS considering i will have to take up a loan of 50 lakhs. Also the layoffs are here, probably scenario will be good once the MS is over (May ‘24) , and i might be able to repay the loan. It seems like a huge step and a risky one. My motivation for US are 1. Foreign Exposure and Experience 2. Bank Balance for better retirement in India As IT is uncertain and we never know what might happen in future. What are your thoughts on this, what factors should i consider?

Just wanted to know why and how come our companies have horrible WLB and cultures compared to western counterparts. Is it the fault of the employees for accepting whatever and acting like sheep or is it just the mindset of the senior management to treat their subordinates the same horrible way they were treated as some sort of sick rite of passage ?