Co-founder @rematterindia

Delhi, Bharat
Joined April 2016
i share a lot of hot and not so hot takes. open to feedback, opinions, and studies. please don't assume any negative/positive emotions. peace πŸ•ŠοΈ
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Ansh Agarwal πŸ§‘πŸ½β€πŸš€ retweeted
Brazilian leftists want more people into STEM and AI. Indian leftists want more people to study BA/MA in gender studies or sociology. India is cursed with worst leftists on the planet earth.
'NO to Chinese or American AI' β€” Lula vows more MATHS & engineering to be taught in Brazil
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Ansh Agarwal πŸ§‘πŸ½β€πŸš€ retweeted
Is it only India that has been cursed with a bullshit category of leftists?
'NO to Chinese or American AI' β€” Lula vows more MATHS & engineering to be taught in Brazil
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vote chori in brazil.
BREAKING: FlΓ‘vio Bolsonaro refuses to concede and recognize the election results after losing Brazil's presidential runoff to Lula. "It is impossible to acknowledge the election results. We are going to use our legal team, we are going to request the annulment of these elections," he says.
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Ansh Agarwal πŸ§‘πŸ½β€πŸš€ retweeted
Replying to @Uber
@Uber @Uber_India @UberIN_Support @Uber_Support i landed at delhi airport today and had one of the most terrifying experiences of my life with an uber driver. i'm still shaken. i booked an uber to gurgaon for a 20-minute ride. the fare shown on my uber app was around β‚Ή625. after the trip, the driver showed me a screenshot from rapido quoting β‚Ή1,479 and demanded that i pay that amount instead. when i pointed out that this was a rapido screenshot and not an uber screenshot, he said, β€œiss route ka itna hi hota hai.” i paid the β‚Ή625 that was shown on my uber app. what followed was genuinely frightening. he locked the car and refused to let me take my luggage out unless i paid β‚Ή1,479. when i tried retrieving my belongings, he held my arm and shut the front-seat window where my luggage was, trying to stop me from taking it out. i somehow managed to get my luggage and tried to enter my house. he followed me, forced the gate, abused me horribly and wouldn't let me go inside peacefully. i finally managed to get inside and lock the door. he then started climbing the gate while hurling abuses and threatening my life. all of this happened around 4:45 am in gurgaon, when i'd just landed and was simply trying to get home safely. and it gets worse. i'm trying to reach uber's safety support, and the safety support option isn't available to me. i'm dealing with a terrifying situation involving physical aggression and life threats, and i can't even get through to the platform's safety team. this wasn't a fare dispute anymore. this was intimidation, physical aggression and a terrifying violation of my safety at my own doorstep. @Uber_Support @Uber_India @UberIN_Support @Uber, i need an urgent human response, a proper investigation and concrete action. please preserve the trip and driver records and tell me how this is being addressed. i've used cabs to get around in different countries and never imagined i'd feel this unsafe trying to get home in my own country. how am i supposed to trust a service that i booked specifically to get home safely? driver name: JAMIL JAHID KHAN
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where sre the japanese replying to thr attack? i don't see any of their tweets.
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oh boy, brazil has joined the twitter war. auto translate feature might go down in history.
atΓ© parei de usar IA pra sobrar mais Γ‘gua pro prΓ³ximo tsunami no japΓ£o
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yes! every country is the world should surrender & cease to build their own tech & ecosystem. both things can be true at a time. people with nation building ambitions will continue to build here & those with global ambitions will immigrate to usa to get the best ecosystem.
The smartest Indians continue to come to build in the US for the simple reason that the economic incentives are far far better. Perplexity ($20B), Skild ($14B+), Baseten ($13B), Together ($8B), Glean ($8B), Modal ($5B), Rubrik ($25B), Harness ($5B), Blacksmith, Parallel, Greptile, CodeRabbit, Composio, Distyl ($2B), Resolve, Luma, Cartesia, Wispr, dMatrix, Arize and many more - all started by at least one Indian-born founder. The US is a far easier to raise capital in with far less dilution. Most Indian companies are switching where they're domiciled to get access to the US capital markets. Every single Indian venture firm is trying very hard to invest in the US or risk not participating in the AI race (ironically, the management fees of venture firms are so high in India relatively that this is the one group that net of carry actually has incentive to be in India because they take home well north of a living wage whether or not funds perform do) While Zomato ($35B now, $8B at IPO) might be the biggest outcome in Indian venture, Cursor ($60B), Reflection (potentially $20B+), World Labs ($8B), OpenRouter ($8B), HuggingFace ($12B) and of course the $1T+ big labs quickly make those outcomes seem small and happen on a much smaller time scale, with much higher IRR. Engineers at these startups regularly get paid $1M/yr, and make $10M+ on exit. Even in BigTech, it is trivial to pull up levels fyi and see that if you're L6/L7+ with ~10 years of experience, you're making $1M/yr there too. And of course, we all know the slew of Indian CEOs of companies here, not to mention a huge bench of lesser known executives across the board in public and private companies. I say all this because every time there is a slight immigration hiccup in the US, I hear the online pleas to "build in India", I struggle to understand why most engineers, academics or founders would do that net of desire to be close to family, failure to obtain visa and devout patriotism. This is not a superiority thing or a US v India thing. The economic incentives at least for technologists to being in the US outweigh India by at least an order of magnitude.
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that's the entire issue that asheel described here. in your own words, the indian ecosystem only backs founders with strong pedigree or people with working experience in the industry, what they call founder market fit.
Wrong/Ragebait-ish of a diagnosis by @ashleevance I’ve been a former VC across 3 different funds over the course of last few years, noting my observations: 1.⁠ ⁠A developing economy β€˜earns’ its risk appetite. Capital follows exits, and India’s first real tech IPOs wave only came post 2020s. Most folks need some early validation before chasing the outlier feats like building rockets. Early venture ecosystem needs proof of outcomes for taking bolder bets and as been on the inside- i can vouch the fervour was never higher for deeptech. 2.⁠ ⁠But again, India doesn’t have to climb one rung at a time. China also built payments and consumers first, before unlocking deeptech innovations. About 10 years ago it was a 11T economy at 8k dollars per person. Today it’s 19.5T and rules in EVs, manufacturing, and even draws levels with the US frontier AI. India’s GDP/p today is about where China’s was in ’07 and will skyrocket from here. India leapfrog'd to UPI and 5G as well. 3.⁠ ⁠Investors, labs and industry barely were a tight circle until few years ago. Deep tech needs all 3 on the same page. IIT Madras built the Researchpark early and now we have 567 startups (worth 74,000 crore+). Ather and Agnikul are both IITMRP’s early outcomes. 4.⁠ Early proofs are already here. ⁠Indian Space-tech is already the proof. Skyroot flew India's 1st privately built rocket in ’22. Agnikul launched from India's first private launchpad in 2024, on a 3D-printed engine. Pixxel has 6 hyperspectral satellites in orbit. And defence-tech firm Tonbo Imaging just got IPO’ed. Ather, Ideaforge and so on the list is building fast. 5.⁠ ⁠The first wave becomes deep tech risk appetite. eBay bought PayPal in 2002. That year Musk started SpaceX. Thiel co-founded Palantir, then Founders Fund, which became an early backer of SpaceX, Anduril and Neuralink and many others. One exit -> a generation of moonshots. And we’re ON. Indian second time entreprenuers are taking moonshot attempts. Deepinder (Zomato) is building aircrafts. Neeraj (CoinDCX) is building reusable rockets. Agrani (AI chips) and Ultraviolette (electric motorcycles). Many $10Mns of stealth rounds in robotics, chips, AI labs have happened over the last few months. And yes, yes, the noise is loud too. We’re 1.4 billion people, a young ecosystem. Many won’t get funded, and you’ll hear about it. But India wouldn’t have to climb one wave at a time. We’ll skip the waves and we’ll land right in the moment. Extremely LONG on India and it becoming an epicentre of real innovation over the coming decade.
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delhi ka mausam aacha ho rakha hai or mai idhar bimar ho rakha hu. fuck this life, man.
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liverpool is back! liverpool is back!
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you guys are seriously not ready for india's manufacturing boom. generational businesses are expanding, kids getting into the game, it's all happening.
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this! i never understood why fucking someone was seen as an insult.
Males are disgusting creatures. Men across all cultures see sex as a degrading thing they do to women. Penetration is an act of "revenge." An act to "break down women." Filthy creatures.
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oh boy, the next decade is gonna be amazing.
"Raymond Limited” to β€œRaymond Aerospace, Defence & Engineering Limited” "Aerospace and Defence" ka hai jamana.
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pair ice skating is such an elegant sport.
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Ansh Agarwal πŸ§‘πŸ½β€πŸš€ retweeted
It's not just that Indian VCs tend to have far less risk-appetite than US VCs, which is frustrating but one can be charitable (straitjacketed by LPs, European and other geo VCs are similar). It's the delta of quality between US vs Indian VCs that makes founders lose respect. (n = 80, 65% US) 1. I can't think of any US VC interaction that went past 4 weeks and didn't lead to a check, most tend to say no quick. I can think of multiple (5+) Indian VCs that dragged things on with multiple calls and field visits, asking the same questions, then passed for inane reasons. The worst just ghosted us (happened at least 3 times) 2. Related - For our preseed/seed, US VCs often passed for not having conviction in idea/team. Indian VCs often passed for "lack of commercial traction". This is pissing off for anyone building in deeptech/bio and short-circuits how ambitious founders can be 3. While many great US VCs were never founders themselves, as others have noted, there are enough former-founder VCs + higher level of respect for what it takes to be in the trenches, that it reshapes cultural norms to be way more founder-friendly 4. Related - While there are many great Indian VCs, the proportion with partners/analysts who drip with arrogance is much higher than it should be. Every founder can tell you awful stories about the fresh-off-IIT/IIM analyst who thought they knew more about their tech/business from an hour of chatGPT. What does it tell about the funds that their hiring process leads to having such ppl gatekeeping their dealflow? 5. In general, being a founder in the US is higher status than being VC, the reverse seems true in India
1) @ashleevance is providing spotlight to a sector which is under-served. 2) Sample size of 15 is >15, each of those founders have their own networks & echo that experience. 3) most of the VCs who are taking offense are ghosters. The good ones know a lot more needs to be done
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Ansh Agarwal πŸ§‘πŸ½β€πŸš€ retweeted
How India is building its first bullet train. Read!πŸ‘‡ πŸ”— ashwinivaishnaw.substack.com…
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