Bhavin Turakhia’s Post

Premature Founder Boredom is a recipe for failure amongst Startups. The goal of a business is to become boring, and until the business becomes boring a Founder cannot afford to get bored. A non-exhaustive list of Deliverables for a business to qualify as Boring - (1) Sustainable Profitability (2) Playbooks for every Process across every Function (3) Structured and continuously evolving training processes for industry, products and functions (4) Exploration of multiple traction channels (5) Sizeable and growing market share (6) Identification and realtime measurement of critical KPIs and relevant input metrics (7) Right Leadership (8) Effective Governance for keeping track of the critical KPIs Founders fall in love with chaos, ambiguity and uncertainty (because variable rewards release dopamine) and can begin to detach themselves from their core business prematurely before it becomes Boring, resulting in distraction, lack of focus, inefficient use of capital, and inefficient use of the best people Learn to relish the journey to becoming Boring

Proud to partner with HDFC Bank on PayZapp 2.0 which just crossed 10 million users (fastest to get there) and remains the highest rated payments app (4.8 on app store). Next stop - 50 million :) https://lnkd.in/eYxuk-my

Meditation is the practice of consistently getting better at catching your brain in the act of thinking thoughts you did not ask it to think

I am a big believer in meticulously crafting digital experiences with delight as a central focus. This philosophy goes beyond mere functionality; it aims to evoke ecstasy in users. In this article I attempt to provide a framework comprising the science, principles and techniques for engineering delight within your Product

Sparrowcard.com launched their credit card powered by http://zeta.tech and in under 6 months they are the leading card in the non-prime segment. A few customer reviews they have received - * “... The app blows all others out of the water. Truly awesome!” * “This is what every card should be. I was approved and had access to the card in my app immediately …” I use the Sparrow card myself, and the app experience Zeta built in partnership with them is superior to every card I have including my Amex Platinum Card. Read our blog to learn more about how Zeta and Sparrow have collaborated on all aspects of this program. https://lnkd.in/ehkpHPEZ Thank you to Sparrow for trusting us with your truly incredible card program. We are proud to support you on this journey and excited about the capabilities we continue to launch

The LLM Foundation Model training race reminds me of the Human Genome Project. The first whole genome sequencing took 13 years and cost $2.7 billion. Today I can buy WGS for under $1000 and the results can be obtained in a day The cost and availability of each of the fundamental ingredients of LLM training will continue to exponentially improve - a. Compute power b. Algorithms and Techniques c. Data (1) Compute will keep becoming cheaper (2) As more papers are published training techniques and algorithms will become widespread and available to everyone in the form of pre-written libraries (almost all sophisticated machine learning from a decade ago is now a sci-kit learn function) (3) Data availability will become easier with large pre-published data repositories that are conducive for training specific types of models Granted that Foundation model creation is expensive today. But so was Whole Genome Sequencing in 1991. Today it is commodity with a cost reduction of 1/2.7mn

It was a lot of fun participating in this. Strap in, set it to 1.7x; and see if you can catch all the jokes when Sid, Karthik B. Reddy, Tanmay Bhat and I sound like chipmunks https://lnkd.in/ejKNuSBk

The irony that is "Elonmusk" - unhappy that OpenAI makes profit, meanwhile I just upgraded to premium+ to get access to Grok and realized *after* payment that it is still a wait list

My 2 (and then some) cents on the RBI and the Fintech Fallacy RBI's actions over the years have generated a wave of passionate responses from the Indian fintech community. Here are my personal observations and opinions on some of the challenges related to the fintech landscape in India and the role of the RBI TLDR; Both ‘fin’ and ‘tech’ have unlimited opportunity and tremendous potential. Innovation and regulation are not mutually exclusive.