Global Capital and Leading Digital Public Infrastructure Initiatives for Antler in India
Climate, Protocol and Exponential Thinking Every time I listen to the trio of Mr. Nandan, Pramod Varma and sujith nair, a few nodes get unlocked. I have had the enviable privilege of being at this fountainhead a few times. Every time, a few vistas open up that help us to see how we can solve problems of population scale and at near 0 friction rates. Below are notes from 1.5 days spent at BeckN Node Zero Climate Conference. The protocol revolution v2 in India is still in its early days. If you are a founder or a VC, keen to explore this, drop me a line Special thanks to Anjali Bansal and Sanjay Purohit who presented on climate and exponential thinking 💡 DPI 2.0 ** India has solved access to identity - Aadhar ** India has solved access to money transfer - UPI ** India has solved access to trust - Digi Locker The 2.0 of all this is now beginning to manifest itself - DigiYatra, Credit on UPI, DigiLocker ++. It is amazing when you start to think of the number of successful companies that have scaled on the combinatorial power of these stacks - Flipkart to Zomato to Zerodha 📌 Most exciting new DPI - UEI. Think of UEI as the internet of energy. A protocol layer of bits built on atoms of the energy grid. While atoms of energy flow through cables, the bits of transfer, recon and payment continue to be archaic. As energy generation gets more de-centralised (Solar Panels for example), the ledger of energy cannot be a 2-way line anymore. Reach out to Akhil Jp and schedule atleast 2 hours 😀 🏝 Climate ▶ India’s culture has been of sustainability - We use every part of a tree, most families in India have a pile of shopping bags and re-use it. Not to forget the haggling with kabbadiwala for newspapers. This behaviour may have been prompted by constraints but is now the right behaviour ▶ The climate lens cannot be without capitalism - We need to balance all the three 3Ps - People, Profit and Planet. I personally like this so much more than ESG! ESG has become too generic and there is too much focus on G ▶ India cannot decarbonize. We can have a lower carbon footprint growth. Our founders may also be better off trying to solve this problem than a de-carbonisation problem ⏫ Exponential Thinking ▶ The Domino Effect - Mini to Mega - How can you topple a 10 meter tall domino with a 5 Cm starting domino? All you need are 13 dominos which are 1.5x taller than the previous one! Power of compounding - 1.5^13 = ~200x. (10 M is 33 ft!) a. Don’t stop the compounding b. Focus on the alignment that will ensure the kinetic energy is not dissipated c. A 100x outcome is possible with exponential thinking - Not N^2 but 2^N d. Please watch this video - https://lnkd.in/gebDTYRf ▶ Exponential problems need exponential solutions ▶ DPIs can solve exponential problems as an orchestrator and not as a conductor! ▶ A garden needs a gardener, a forest needs only enabling Thanks to Sattva Consulting team for putting this together