kamikazi
Joined 15 years ago
Joined 15 years ago
What can go wrong? At the most we are risking only a generation of Indians thinking FB as internet (just like Indonesians) who will then graduate to think Chrome icon as the browser (just like people thought of IE shortcuts on their Win95 desktops).
Let's allow the same mistakes but this time execute it better. I can get behind that.
This post is from CTO of Flipkart (India's #1 ecomm site) who supported NetNeutrality & was opposed to his own org's initial plans of getting into Airtel's zero-rated plans (akin to internet.org).
Two days back Flipkart withdrew themselves from those plans convinced that zerorating violates Net Neutrality.
Here's a (India's #2 probably) travel site withdrawing from internet.org with solid lucid reasoning that answers more of your Qns - http://blog.cleartrip.com/2015/04/15/cleartrip-is-standing-u...
Millions of first-time internet users will be onboarded (using shady mktg techniques - that's just how things work on the ground where it gets real dirty) onto free flavors of handpicked services.
They have no idea of real internet. Please see the very first link I posted which gives our full reply. It answers your Qn in depth.
What I see when I visit internet.org from my wired & wireless, non-Reliance telco.
Think of this as FB passing off 'free AOL CDs in the mail' as The Internet in India for millions of first timers who are getting sub-$100 smartphones, using poor villagers--& benevolent Wikipedia to provide covering fire.
Just a 2G data plan that I can use to surf any site. Fb/internet.org on the other hand is free to users & paid for (or howsoever they do it), decided by a secret cabal behind the scenes between telcos/FB/govt bodies (mark's words) and whoever else is monopolistic enough to be at the table.
Perhaps I didn't understand your question?
>> Mark seems to be implying here that mobile networks are eating the cost today as a form of charity. Is that true?
Patently untrue. On the contrary telcos are raking it in hand over fist ever since data usage started shooting up. If anything the massive popularity of WhatsApp, Skype, Viber and explosive growth in India's own home-brewed tech startups is a godend for these telcos. The avg nontech Indian was already getting home-delivered $2 groceries & $5 ladies suits from solopreneurs marketing on WhatsApp. Increased data usage helps telcos.
Instead of riding on the coattails of these massive data services and not looking at a gifthorse in the mouth, instead of strengthening their backbones & support they still employ 90s era CSRs (hundreds thousands of em) who answer every support call with Start Internet Explorer, Click Options, Delete cache..delete history, Click Windows icon on bottom-left of screen & Restart computer....still didn't work? Ok please write to us with your query at [email protected] and we will escalate this ticket with a turnaround time of 48-72 hours.
Here's a definitive explanation with chart & figures (from telco's own disclosed numbers) by one of the most widely followed financial blogger in India - http://capitalmind.in/2015/04/telecom-companies-are-not-losi...
This piece can be instructive and useful to others in US/Europe & any country where such deceptive zerorated plans are trying to make their way in. Be it of FB or anyone else.
Zuck wants a walled-garden version of internet (with FB as gatekeeper) to be made free for the poor. We're saying poor Indians should have access to the same full open globally-connected internet as we all take for granted. And that free & fair competition will & should take care of things like access on the cheap, sachet-mktg etc.
As of today on my Vodafone India plan I can get a 2G plan starting for 22¢. Poor Indians that Zuck wants to target with his zerorated internet dot org spend $0.5 on ringtones. This twitter thread from Andresseen & Horowitz Parner, Benedict Evans has a good discussion about pricing & cheap access --> https://twitter.com/BenedictEvans/status/588511768244162561
I will encourage anyone who is following NetNeutrality debate globally to keep an eye on India. (China is out of bounds). That's where all the action is.
And if you can help us punch above our weight at global level - please connect with us.
Just a small eg: Satyam chief, Ramalingam Raju, picked up the phone and gave himself in to SEBI (US version of SEC) confessing to financial fraud of INR 4000 crores+ massive job losses, massive losses/harakiri in pension/taxes owed to the govt (due to inflated employee #) to the extent of he had one of the big4 auditors in his pocket who signed over falsified bank balance statements. This resulted in govt having to take over the co and auctioning it out to TechMahindra. At the time Satyam was the #3 Software services company in India by sheer revenue and employee size. Raju gave detailed proofs of each of his wrongdoings ("when he could not ride this tiger anymore") and yet it took our courts 7 years + to impose a rap-on-knuckles 7 years of imprisonment and 5 crores of fines. An amount which he could've made bamboozled off in one day of stock manipulation on the exchanges.
So my point is it's one thing to have all these fancy bodies and titles and quite another to have them act on anything.
This recent action against zero-rated apps by one of our telcos, Airtel, is a heartening move which ofcourse morphed into heat brought upon FB's internet.org which is a bigger culprit on net neutrality front.
Way to go online activism in India! (Disclosure: I'm a member of the #SaveTheInternet volunteer group)
The first few trade ships brought in ice simply as a ballast with the reasoning that if any remained at the end of journey - they'll just sell it.
Here's a quote that HNers might appreciate:
"And this is just what happened in India, with the added benefit that Tudor reaped tons of admiration from the British for his judicious pricing. Many of the Times reports are full of estimations about the near-loss he was making and how this had to be solved in order for this precious trade to continue. There can be few comparable examples where customers have been as eager for their supplier to make a profit as with the British and Boston’s Ice King, as Tudor was called."
Bit of a noob Qn: Is it the norm to have as much as 50 investors in your Angel round? Or are you guys an exception in that too? How do startups deal with so many people after funding? In investor updates and followups, sharing figures, revenues, execution strategy and then following up on those discussions. Is it all done kinda light-touch?
On re-reading maybe I personalised those comments a bit too much or it comes out as litany of excuses which was not what I intended. Just wanted to let Kevin know what makes the Indian/Asian mkt different since he specifically asked for it.
1) Yep, that occurred to me & I started that process before YC results. (got rejected by YC btw)
2) Talent yes. Bottom ranking in start/ease of doing biz more than overcompensates for the talent part IMO.
3) Not necessarily. Our RBI/customs/payments by design at govt policy itself is screwed - much of it I don't understand. So yeah if you are a veteran in finance/payment domain with ministries in your rolodex and money to plough in for years - maybe. High risk, decade-long timeline, but ultrahigh payoff kind of bet if one can pull it off.
4) Working visa & HackerRank. This is exactly what I wanted to know. Thanks. PG has said multiple times that they insist on entire team to be physically there. And I can understand why from YC's pov.
5) Agreed. I overshot on that remark.
7) Yes, read her story. Very inspiring. That's what keeps us going.
Thanks again for your response and hope you got in for the interviews? Don't see email in your profile. Can you ping on mine?
Can't see your email anywhere. Email me?
India based techie - ex-(Wipro, HP, IBM - Bangalore, US, Dubai, Melbourne)
Now in Bombay - heading India branch of software product for steel TMT/coil rebar industry for a boutique firm.
suhail AT gmail
Links: http://www.jacquesmattheij.com/The+Unofficial+HN+FAQ