willwinger

All business inherently know that the most difficult thing is to get a customer to open their wallet. A subscription commitment is far more valuable than an impulsive/interest driven one time payment

A 'path to profit' is the time tested lifeline of any enterprise. However this is never highlighted as it doesn't bode well with the general social psyche of humans.

For last 20 years, tech enabled startups, chose 'postpone profit' strategy adopting 'free to use' or 'ad supported' approach helped by raising high capital to build moats around the target market.

Now this trend can be either seen as a moment where the moat is complete and 'path to profit' is through captive customers. (Or) a decline/failure of the 'postpone profit' strategy accelerated by the current economic recession.

All social media and any other free to use switching to subscriptions is quite a probability now.

Very well identified, the cropping up of such an article should not be taken at face value.

Consider such scenarios too which impact profit of specific industries namely Pharma

1. Demand for curcumin has greatly increased leading to an inflation of its market price in recent years

2. Turmeric is an age old go to antiseptic and antibiotic. During Covid it was very common for Indian families to consume turmeric flavored milk as a way of keeping the virus out.

Almost all health, medicinal, sensational articles irrespective of their source publication have to be put under the critical lens of global corporate profit motive

Am I saying there is no adulteration, am not. Just that the publishing intent is no saint either.

In that case, If you end up using OSS without any necessity of contribution from you, would you pay for that OSS software? since you did not contribute labor to it.

Thanks good to know.

Unrelated, is the word pagan used in the headline, appropriate in this day and age? It is an umbrella term that is used to refer to non Abrahamic religions with a derogatory slant like 'heathen'. This is similar to using Mythology as a term for any non Abrahamic religious references.

All Microsoft applications such as Teams, Outlook now open links only on Edge, completely ignoring the default browser setting.

Had a smile reading through this. So many web developers out there who have no idea about history of HTTP. That it was designed for static document serving and since been twisted to serve applications.

As an ancient civilization with an undeciphered script, Indus Valley Civ. is mired in controversy and claims

Religion wise though article claims an Egyptian link which is new to me, it has some clear Hindu associations like the Pasupathinath seal

https://en.wikipedia.org/wiki/Pashupati_seal

Script wise the contention and claim also comes from Tamil and Sanskrit. TED talk on this below

https://youtu.be/kwYxHPXIaao

Weather is an underrated reason. India perhaps has the best suited weather conditions for humans to thrive. 80% or more of the land have non-extreme weather

Before Sugarcane was adopted in India, Palm sugar was already widely used as a sweetener and the process was Palm alcohol(Kallu), Palm juice (Pathani) and Palm sugar(Karuppatti)

In Abrahamic religions it is common I believe to say thank you to God before a meal. This is a key difference between these religions and religions like Hinduism.

The thanks is to the object that has helped us in anyway. This stems from the base of Nature/Environment worship that religions like Hinduism are derived from.

All things in the Universe are seen as a manifestation of God or Parmatma (Supreme life force) than God as a third entity.

As to whether it is useful, it is upto each individual to decide for themselves.

Note: I am a practicing Hindu and we just finished this ritual at home last week, including saying thanks to my Laptop :-)

Salary in India is a wide spectrum. At the top end of the talent pool, it is indeed reaching West European levels. I know because I managed a team that was in Spain and India.

However now I run my second startup (bootstrapped) where I hire, train and generate value from candidates who are at the other end of the spectrum with monthly salaries much lower than what is quoted in the article.

It is a very wide spectrum for tech salaries here in India.

The poem which started and inspired my whole adult life so far... has helped me many any times over

I agree, however last time I checked Servo was not that stable.

The ancient Dravidian language mentioned in this article is "Tamil" where citrus fruits are associated with the word "narumanam"(fragrance) or "naatram"(bad smell). Narthangai which is a native citrus fruit. But I don't think Orange or Mandarin are local to Southern India.

I understand but in this case we have the lifetime as s, seed as S and copy as A. And you can see how it creates that extra effort for someone who is seeing it for the first time. For me any code is associated with its application and that application should be evident in the code.

We talk a lot about user experience and usability in our end products but we do not extend that thought to our fellow programmers at code level.

I have been using Rust for my side project https://github.com/elasmojs/rooster

Rust is just great! I feel liberated from Java and Node.

But what intrigues me is why do programmers insist on making code look and feel difficult? Is there a secret obsession in good programmers to make their code look clever? Is variable naming not a basic etiquette?

Yes definitely,thanks!

I am Product Manager, this is a personal experimental project to scratch an itch and learn something new :-)

It's a private deal and unfortunately I cannot reveal due to the non disclosure terms.

Good for them, with just a 500K investment I would guess the following

1. The founders should own at least 75% of not more which gives them a neat 30M in this deal.

2. As others pointed out, why such a poor multiple on revenue? The possibility is that they had a service heavy business (ie bulk of revenue came from service to customers).

3. From point 2, they mostly had negligible or no IP. If they had significant IP and sold for this multiple then it is a poorly made deal.

4. They raised only 500K, ie equity capital. There is no mention about their debt & other liabilities. This could be another reason for the low multiple.

5. Deal type is key, if it was cash it is good but if it was equity/options, then not so good.

We closed our acquisition beginning of this year as follows:

Value: 9.5M USD Type: Cash Revenue: ~1M USD Valuation: 10X Investment: 300k USD Debt/Liability: nil Status: Profitable Investor returns: 5X Location: India

I have used GrapeJs, it is a very well architected tool. Your new project will sure be more successful!

என்ன பாய் டெஸ்ட் பண்றிங்களா? எந்த ஊரு? நாகை தெரியுமா? நாகூர் வந்து இருக்கீங்களா?

Hmm... really surprised at all the responses, chill guys it's just a comment! Ok, for those who are throwing stereotypes around, here is a bit to chew on

1. I am from Tamilnadu, a southern state in India. A proud Tamil Indian from a middle class background. My father was a govt. employee and is a staunch anti Modi :-) oh also I am not a Tam.Bhram.

2. Modi wave is not a fact in Tamilnadu, similar to other southern states. I think it is difficult for any Hindi speaker to truly gain support. Arghh! Hindi! ;-)

3. I studied in a Christian Society of India school, am a Hindu but I know the difference between serving as a Christian and selling Christianity for money

4. I successfully exited my startup with 5x returns for my investors. As a startup founder I first hand experienced the govt. machinery and can vouch that being an entrepreneur in India is still difficult even after many reforms.

5. However 2 yrs back, the IT dept actually refunded me for 15lakhs without any follow up or bribe, the cheque actually came by mail, can you believe! The govt is putting all efforts to make the system non personal and digitized which has a huge effect on bribes. Bribes thrive where there is subjectivity and misinformation, automate it and you have bribe gasping for air.

So that's it, sorry for disappointing your stereotype assumption on me.

Demonetization as a black money magic wand is a public face. The following is the other side of the coin, the following as narrated by a banker friend

1. Banks were at a historical low in availability of currency in the system due to bad money hoarding and non performing assets. Dangerously near collapse. Demo as the report points out has brought so much money back into the banking system and successfully overturned this.

2. Prior to demo. the capital in the stock market was dominated by FII (foreign institutional investors) almost 70%. This resulted in volatility and the Indian economy being vulnerable to external influence. Now the table has turned, the capital in the market is predominantly from the Indian banking system leading to greater stability.

3. Now that money is inside the system,anyone who has tried to take money out in cash beyond 5000 USD knows how difficult to near impossible it is now. This is the real effect on bad money, generation is now so damn difficult!

4. Anyone honest who has tried to buy a home from big realty developers in India recently would be pleasantly surprised that now you have to purchase it with good money and also pay proper GST tax for it. Before demo this was one major area of bad money generation. It is as good as dead now. Recent reports on the huge huge increase in GST tax revenue increase is a proof.

5. Good and bad currency sweeping back into the system (Gov allowed conversion also) has effectively nullified the funding of militancy and the fact that from demo the country has not seen any terrorist actions is a possible indicator.

6. Whether you like it or not one more area which encouraged bad money circulation was evangelism (convert to christianity for money) and that is one more area that also been severely impacted.

Most US media outlets want to feed the stereotyped view of India and jump at any chance to do that.

Most people who cry against demo are those who do it, just because they dislike Modi as a person (not a very charismatic personality). They would not be able to substantiate how they were personally impacted.