Startups of the coming age
What problems would Indian and Global startups be solving in the next decade, or they would be just throwing random yearly new buzz words and as usual VCs would be having orgasms on these buzz words.
I mean real problems.
Talking product sense with Ridhi
9 min AI interview5 questions
1% — real problems Rest — VC buzzword circlejerk
What real problems would be there?
1% like cred?!
Climate change is the biggest problem the human race will ever encounter and we're already seeing the impact.
Frauds in the form of junk carbon offsets and greenwashing brands already paint a bad picture on the other hand so it will be a rocky road nevertheless.
But then again, maybe it just depends on what the flavor of the season is..be it EdTech ,web3, BNPL, B2B SaaS, GenAI - and even worse is knowing how startups just mushroom out of nowhere based on those investment themes or make pivots otherwise. Using words like "thesis", "carry", "due diligence" can even make a monkey look smart.
Beggars belief as to whether it is simply a circle jerk at the end of the day or perhaps there is room for some for solving problems.
As kamath says first trillioniar on the planet will be someone who is solving for climate change
I agree, being from a chemical engineering background and involved in the green hydrogen scenario, most of the companies currently are signing MOUs and just increasing their value. After taking the money from investors they will just puff. On the other hand, if money is not infused in the scenario there might not be a way forward or improvement. As an example, you can see the drop in prices of solar energy over the past decade. What i believe and my point being, if you infuse 100rs in new technology only 5-10rs goes in real work rest is eaten by big mouth or belly people but those 5-10rs is required and it gives people like us hope.
There are real problems like waste management and such problems will only grow. But the companies solving it don’t get the attention or money. So just follow the buzz for money
The money just accelerates the process ofcourse I agree money is important to start if founders have guts and solutions has impact it will get noticed irrespective of the funding
Energy and battery cost are going down.
I potentially see all generators getting disrupted in a decade. It will be a low status to put noisy generators.
Water crisis in cities.
Small farmer incomes are going down. Pooling of land and doing some form of vertical farming. ( corporate farming)
Focus on sport as career. The niche the sport the better chances of lime light.
Are you looking for startup ideas?
Nah bro, never thought of starting up. Just thinking what the future would look like. Got fed up of sci fi movies.
Digital Chaos, IG. Plus, Startup needs to solve problems, is a taboo concept of inferior mentality. Startups can be made by doing a lot of things. Anything that saves time, capital, effort by delta 4(at least 4X folds).
Increase in efficiency, organizing some unorganised things like the nation's health care system, helping consumers adopt better healthy habits, helping to extract true news from adulteration of news World, sharing of knowledge and skills, connecting right problems to the right available solution, saving people from frauds, ....
Are consumers ready to pay? Like take case of superhuman or calm ; the subscription numbers in India are too low.
You got me wrong, I am not suggesting any health freak subscription model. The consumption behaviour is different for India. Recently, I learnt about airtaskers. Search on Google and build differently for India consumers and the market.
I think byju's is coming age startup. They are massively contributing to problems like unemployment and burning money.
We can only speculate, nobody can know what will be the biggest thing. People will always dream of flying cars and the revolution would be like the smartphone
3 sectors:
- Green energy: EV and fusion tech
- AI
- Defense tech
Who's building in it?
- Health tech
- EdTech.
- Climate tech
- Renewable energy tech
- Mental health+ spiritual app