Posts

Jiomeets, low switching costs and the next billion anti-Chinese users

There’s a lot of talk about how JioMeets has blatantly copied Zoom’s UI. Well, imitation is the best form of flattery, isn’t it? But I’m wagering that there’s a smarter move behind it. It’s called switching costs. I argue that Jio has not copied the UI, but the UX of zoom. Why? For the simple reason that it wants current zoom users to seamlessly be able to move to their platform. Earlier, Zoom had dropped the requirement of users being ‘signed in’ to zoom in order to join a meeting. What that meant was that zoom removed the network effects (possibly to reduce switching costs of MS Teams and Google Meets users). Well, Jio just one-upped them at their own game.  Jio’s strength has been its distribution. When you combine the power of distribution with low switching costs for users, after raising 10 rounds of funds, with one sided support from the government, against a chinese company, in a country of the next billion users having a generally negative Chinese sentiment at peak, you’ve figu

Thoughts about meditation

Meditation is your personal space. It’s your personal sandbox and there is no need to follow any specific template for meditation Each of us has a different experience in meditation. Your experience of meditating can, will and should be different than mine. So it makes no sense for me to tell what to expect from meditation. You can completely disagree with what I'm saying and we both will be right. The best way to learn the practise of meditation is to ask someone who meditates every day to do it with you daily for a couple of weeks. It greatly helps to meditate with someone in the initial few months. I meditate twice everyday; once alone and once with a group of people. But remember that in the long run, meditation is a single player game. If you’re dependent on someone for your meditation, you will likely not be able to master it yourself. In simplest terms, meditation is a stress release process. The stress can be in form of thoughts, emotions, physical stress etc. When you get

Notes about Poker and Decision Making

Selected notes from  Maria Konnikova 's published articles and interviews about her learnings about life and decision making The most important thing is that we have to make the best decision we can even though we don't know anything and we're never going to know everything. Be comfortable with uncertainty. Be comfortable with not knowing everything. Be comfortable that you can't control everything. While playing poker, you have two cards and you can control whether you play them or not you're going to be passive or you're going to be aggressive whether you'll raise or you'll call There are 5 cards that are going to come out when the dealer deals them and you cannot control what they are. You can only make guesses based on how people are reacting about whether they like those cards or not You can guess whether its likely that you're going to get a good card or a bad card (based on your intuition or/and experience) Learning to be okay with saying that