R2cky

Harshita Arora (@aroraharshita33) just became a General Partner at Y Combinator, making her the youngest in the accelerator’s history. She’s 25 years old, which is young enough that most VCs her age are still grinding as associates, hoping to make principal in five years if they’re lucky. She also dropped out of school at 15, which is the kind of detail that would normally disqualify you from every traditional path to venture capital. Between dropping out and becoming a partner... she discovered coding at 13, built a crypto portfolio tracker at 16 that Apple featured in the App Store, got it acquired, and won India’s Bal Shakti Puraskar (one of the country’s highest honors for young achievers). Then she got an O-1 visa, moved to SF, and applied to YC with her co-founder. Their idea got killed by Covid three weeks into the batch. They had zero background in trucking, zero background in payments, but had a dead startup with 3 months left to figure something out. So Harshita spent weeks visiting truck stops across California, talking to drivers, watching how they paid for fuel, and realizing that the entire payments infrastructure for trucking was totally broken. Ancient systems, hidden fees, rampant fraud, still running on technology from the 1990s despite moving billions of dollars. She built AtoB to fix it. Stripe for Trucking. A modern fuel card with transparent pricing, instant payouts, and financial tools that don’t feel like punishment. Today AtoB is a Series C company serving over 30,000 fleets across the US, processing millions in payments daily, and building the financial infrastructure that the backbone of the economy actually deserves. Now she’s a YC partner at 25, which is absurd when you consider that most VCs spend a decade climbing the ladder at banks or consulting firms, collecting the right credentials, and Harshita skipped the entire ladder and built a $700M company instead. Credentials stop mattering when you build something that works, and this is one of the embodying principles of YC, so it is great to have seen her so active this last year in supporting YC batches as visiting partner, and now a GP. Maybe as batches skew younger (like my post yesterday) partners will too...

Dear @jagograhakjago, Zomato and Swiggy are now getting out of control. Price of 1 kg Dhokla: Restaurant menu: ₹160 Zomato: ₹460 Swiggy: ₹460, discounted to ₹429 (for those who don’t know, garlic corn dhokla and garlic dhokla are the same thing) This is almost 187% of the actual price. This is unacceptable. I know they are charging for convenience, but users are already paying charges like delivery fee, platform fee, packaging, rain, etc. as the convenience fee. When you ask a question about prices or quality of food to Swiggy and Zomato, they are like, “We don’t control prices, it is set by the restaurant.” I know the restaurant sets the prices, but you take commissions too. So it is the platform’s responsibility to control the prices as well. I personally visited the place and bought 500 grams dhokla for ₹80, while on Zomato it is ₹250. Some people say, “Don’t buy from it, they run a business, not a charity.” By saying this, we are normalizing such practices.