What is Material Abundance? 🧵
Since the launch of ChatGPT, I've been very excited about the concept of a fulfilled, happy world in which individuals have a choice. Sam Altman has talked about it a few times too. It was in their pitch deck. What is
Indian Defence Ecosystem in Nutshell:
No Money for R&D -> killing indigenous efforts -> 100x Delay -> Panic Buying -> expensive Import -> No money for R&D
A startup’s financial model is simple:
Pre-seed = hope.
Seed = still hoping.
Series A = hope with a pitch deck.
Series B = hope with revenue.
Series C = hope we IPO before running out of hope.
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BigLoot IN
BigLoot.in - Where S... • 6m
Ericsson is planning to expand R&D base in India, focuses on AI, 6G development.
Ericsson currently has R&D sites in Chennai, Bengaluru and Gurugram.