WigglyBanana
WigglyBanana

Why Silicon Valley became Silicon Valley, and why that will likely not happen in India

I love to read about tech and how startups evolved. Have spent a lot of time figuring out how the good product companies in the US got built: Google, FB, Instagram, Snap, Pinterest etc. etc.

One thing stands out: A lot of these started out as just projects, and not a real startup. Instagram was just an idea to make photo filtering better. Reddit was just a project around making a cooler internet.

They set off as projects, and got some traction before becoming funded startups. Because they had devs in the founding team, who were always doing projects as side hustles.

This wasn't the time when SDE salaries were so pumped up, they didn't want to just become good devs, they probably wanted to solve real problems.

My takeaway:

Maybe Engineers shouldn’t be too incentivised to just code. They should be incentivised to think business. Thats how FB, Google, Insta etc happened as companies.

In India, high pay endears engineers to stick to coding, do less business thinking. That’s why we don’t see too many coders posting their side projects on X, Reddit, GV within India. Maybe there just aren’t enough.

Have just been thinking about this.

Open to thoughts from the community - maybe my view is limited. Would love to hear.

12mo ago
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PeppyJellybean
PeppyJellybean

This is an actually very true.

I’ve seen developers who are very good in the stuff they do but lack the thinking from a customer / business POV. They take the PRD and convert it into code but never ever question whether this is the experience they want to provide to the end user.

Everyone needs to understand code is a way to achieve business and to achieve business , you would need to think from a business prospective.

That’s why , I always tell my juniors whenever they code , always take a step back and put yourself in the customer shoes and think what you are doing is what you want as a customer or not

CosmicLlama
CosmicLlama

very nice observations. But my simple take is Indian techies crib too much. Nothing is enough.

WigglyBanana
WigglyBanana

Second para - exactly. And when you don't question stuff like this, it's tough to be happy/satisfied with your work. What are you really building? Who does it help? Did it even matter?

Great that you're guiding folks the right way!

BouncyDonut
BouncyDonut

Absolutely based take. That's now my approach for any side-projects as well.

But I feel we'll get there eventually given the current environment. Very bullish on India rn.

WigglyBanana
WigglyBanana

We'll get there eventually, only if there are enough bear cycles that make people chase salaries less and entrepreneurial stuff more

GoofyHamster
GoofyHamster
Swiggy12mo

I also think there is a brain drain overall - you do have a good chunk of the population moving abroad to study and then eventually settle there rather than coming back to build for India

Now we can hold a lot of factors responsible for that - be it economic factors, salaries, standard of living, quality of education etc. etc.

All in all I'm not surprised that a lot of smart talent would prefer to move abroad. India is a growing opportunity yes, but it's also tougher to build here I feel.

WigglyBanana
WigglyBanana

There is brain drain, for sure But I think it has reduced over time. For example, 5-10 years ago, % of people going abroad from my college (Tier 1) used to be much greater. Now it's dropped.

I think a different group of people now go abroad (the very best - top 0.1% & people who just aren't able to find opportunities in India)

GoofyHamster
GoofyHamster
Swiggy12mo

Really? I feel like it could be a covid led phenomenon and tightening of visa regulations which might have curbed this a little.

But I still think there is a good chunk of smart talent moving abroad

BubblyDonut
BubblyDonut

Would thinking more about business give a bigger upside? 10 cr company is not that difficult actually if you have good business acumen while one may take 10 years to earn that wealth.

BubblyDonut
BubblyDonut

Then coming to your take - this is a good observation.
What I think is we do have a herd mentality as well. We see someone got this much hike or working in faang earning this much. Our top most institutions are famous for placing people with fat packages. Other things are secondry. Majority of our population is obsessed with govt jobs. We are not thinking about how to solve problems. While there is nothing wrong with it and we can not say one thing is definitely better than other. We should also focus on other aspects of life not just a good salary and showoff of working at this package in this company.

WigglyBanana
WigglyBanana

True true - absolutely bang on about the herd mentality. I think being entrepreneurial was appreciated in California right from the 60s and 70s.

For us, it's always the FAANG bhaiyya didi that has been appreciated (for most).

Once this shifts, a lot of good things can happen. How it will happen, I really don't know. Hopefully enough folks once they become 27-32 can realize what is important in life and what isn't. The first 5-6 years spent on climbing the corporate ladder is maybe just the price we pay for being a society that incentivizes brands and salary

BouncyDonut
BouncyDonut

In India, dev needs spare time to build side husstle. Most of their time is absorbed by the shitty wlb

WigglyBanana
WigglyBanana

@stupidusername Exactly what I feel is wrong I think if devs do not get time to work on passion projects, this can slow innovation

In fact, Google used to give their own devs 20% time to work on passion projects, and a lot of amazing products came out of that

SleepyTaco
SleepyTaco
Meesho12mo

Yes, we should grow this culture of building side projects.

WigglyBanana
WigglyBanana

Curious - if you had to take out time for side projects while working at Meesho, would you be able to?

SleepyTaco
SleepyTaco
Meesho12mo

no not possible at any startups unless they start this culture. For e.g Google's 20% time.

SnoozyWalrus
SnoozyWalrus

Not only its about engineers. Its about the VCs themselves who were willing to listen to crazy ideas of folks and trust them fully with the money obtained from pension funds , etc. Their extreme risk taking mentality with patient capital, market's willingness to pay all of them made Silicon valley what it is today.

India has to ready its own dry powder from LIC, EPFO, etc holding huge funds. Even 3% of the holdings of the institutions pumped will give a massive impact. Also, R&D has to be improved at the ground level and culture of questioning status quo must be alive. Added to that Indian Market's willingness to accept the solution and pay.

DancingUnicorn
DancingUnicorn

People there were starting up, building tech companies(both digital and hardware stuff) since 4 decades. You can read the book power law - which covers origins of VC funding in US since late 60s/70s.

Now hear me out - what this does is create lot of workforce across roles not just engineers, but also founders, executives, leadership folks, and even VC who has experience building/seeing from front seat startups get built for ages.

That's why a developer there at SV has project/idea that they want to test, they have better support and guidance from all types of experienced roles/folks to do things faster.

Now I'm contrast - indian startup/tech scene only picked momentum in the Housing/Flipkart/Snapdeal beginnings of early late 2000s/ early 2010s. They has some employees coming from bay area experience to start building, but then most of key business, leadership roles were filled by folks who built their careers in India in FMCG, manufacturing or IT services. For them understanding how tech companies/digital products get built and grown was its own new learning experience.

We are maturing and are churning more experienced, and skilled startup operators, and long-term this is gonna stay. Startups will be there to innovate on pressing problems. Large listed companies have to keep showing innovation and search for new problems or solve current problems in new "innovative" ways.

DerpyBanana
DerpyBanana
IBM12mo

True. In India most devs think about making a big CTC without building anything great. Environment hi waisa hai. Very few are there who want to build products that people will actually use.

WigglyBanana
WigglyBanana

And I totally get it. They can make big CTC so they end up doing it. Hopefully tough times lead to more folks thinking about side projects, and not just pay, leading to some cool stuff getting built

CosmicTaco
CosmicTaco
Zomato12mo

Indian coorporates want to reap all the benefits without providing any leeway/time for developing side projects. Ever thought this could be the reason for this ? But no, it's always the 'highly-paid developer who doesn't give a shit about UX' fault.

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