World Model · podcast knowledge graph

Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more

2024-03-24 · 79 min · 20 entities

episode page audio

Asserted relationships

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    Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
  • → hosted by Lenny Rachitsky person
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    Feed author/publisher: Lenny Rachitsky
  • → founded CRED company
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    founder of CRED
  • → founded CRED company
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    founder of CRED
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    founder of CRED
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    founder of CRED
  • → discusses Technology company
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  • → discusses Business concept
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  • → discusses Entrepreneurship concept
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    Feed category: Entrepreneurship
  • → references penname.co website
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    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://penname.co/
  • → references @CRED Club company
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    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://youtube.com/@CRED_club

Entities found in this episode

companys 9

  • mentioned CRED company
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    founder of CRED
  • founded CRED company
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    founder of CRED
  • founded CRED company
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    founder of CRED
  • mentioned Technology company
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    Feed category: Technology
  • works at CRED company
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    founder of CRED
  • works at CRED company
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    founder of CRED
  • mentioned @CRED Club company
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    evidence rules-v4
    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://youtube.com/@CRED_club
  • discusses Technology company
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    evidence rules-v4
    Feed category: Technology
  • references @CRED Club company
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    evidence rules-v4
    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://youtube.com/@CRED_club

concepts 4

  • mentioned Business concept
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    Feed category: Business
  • mentioned Entrepreneurship concept
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    Feed category: Business
  • discusses Entrepreneurship concept
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    evidence rules-v4
    Feed category: Entrepreneurship

persons 3

  • mentioned Lenny Rachitsky person
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    Feed author/publisher: Lenny Rachitsky
  • mentioned Kunal Shah person
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    Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more
  • hosted by Lenny Rachitsky person
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    evidence rules-v4
    Feed author/publisher: Lenny Rachitsky

websites 3

  • mentioned penname.co website
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    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://penname.co/
  • mentioned Startups website
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    the philosophy of startups
  • references penname.co website
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    evidence rules-v4
    Link in episode "Kunal Shah on winning in India, second-order thinking, the philosophy of startups, and more": https://penname.co/

podcasts 1

Episode description as stored
Kunal Shah is one of the most well-known and admired product leaders in India. He is the CEO and founder of CRED, an Indian-based fintech startup valued at over $6 billion. Prior to CRED, he founded three other startups, including Freecharge, which he sold for over $400 million to Snapdeal. He has also been an advisor to India’s most influential organizations. In our conversation, we discuss: • The prevalence of successful Indian immigrants in top CEO roles across the tech industry • Why companies in India can grow DAUs but not ARPU—and what that means for building products for India • What most sets India’s market apart • Challenges and opportunities in the Indian market • The Delta 4 framework for building new products • Lessons from building CRED so far • The power of curiosity and second-order thinking • Lessons from failure — Brought to you by: • WorkOS —The modern API for auth and user identity • Orb —The flexible billing engine for modern pricing • Dovetail —Bring your customer into every decision — Find the transcript and references at: https://www.lennysnewsletter.com/p/kunal-shah-on-winning-in-india-second — Where to find Kunal Shah: • X: https://twitter.com/kunalb11 • LinkedIn: https://www.linkedin.com/in/kunalshah1/ • Podcast: https://www.youtube.com/@CRED_club — Where to find Lenny: • Newsletter: https://www.lennysnewsletter.com • X: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ — In this episode, we cover: (00:00) Kunal’s background (04:22) The Delta 4 framework (11:00) The success of Indian CEOs in the U.S. (19:55) Challenges and opportunities in India (23:04) DAUs vs. ARPU in Indian markets (25:50) The perception of time in India (27:55) The curse of focus in Asian markets (30:33) Challenges and opportunities in India (continued) (33:23) Lessons learned from building CRED (36:40) Profit pools can provide valuable insights into the values of a country (37:55) Founders’ role in company growth (39:55) Profitability and Indian business culture (43:24) Advice for staying positive amid criticism (44:41) The promising market in India (47:35) The power of curiosity (52:59) Who Kunal looks up to (55:31) Kunal’s favorite sources of content (58:42) Asking great questions (01:02:54) Contrarian corner: Wealth is nothing but storage of energy (01:05:26) Failure corner (01:08:57) Closing thoughts: Share your learnings (01:09:38) Lightning round — Production and marketing by https://penname.co/ . For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com . — Lenny may be an investor in the companies discussed. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe