@username_heist @DealsDhamaka Primary education is free. But It's good only if you're in the right school district. Higher education costs a bomb and is more expensive than India almost all of the times.
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Toolmaker
21 posts
@DealsDhamaka You do realise schooling is free for kids in the US?
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@chetan_p88 @Malay4Product @vijaythirumalai The study hasn't looked at spouses yet. So no idea how true your statement is. But would you rather have both spouses make 100 grands or one spouse make zero while the other make 10 million? The latter is more successful as a family by most tangible metrics.
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@tritims02 @Malay4Product @vijaythirumalai Yeah that is because one spouse (most probably wife) had to sacrifice their career to raise those kids.
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DINK - quick Q, what do u do with all the time you have & all the money you make?
Sure you can travel coz u don't have constraints wrt school etc but how else is ur life better compared to the friends in same position with kids
Name one upgrade, I'll wait.
Vishal Bhargava@VishalBhargava5
A silent pandemic is underway in Indian cities. Far too many couples are opting to not have kids at all. It is the wrong decision. Most will regret it.
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@deepakshenoy @VishalBhargava5 I didn't say you can't be skeptic about OPs opinion. I just said you can't be certain about evidence of absence. I'm not claiming evidence of presence to be clear.
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@tritims02 @VishalBhargava5 Absense of evidence is evidence of the validity of scientific scepticism of any statement involving other people
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A silent pandemic is underway in Indian cities. Far too many couples are opting to not have kids at all. It is the wrong decision. Most will regret it.
NDTV@ndtv
Gurugram Couple Earning Rs 36 Lakh Go DINK Way. Here's Why ndtv.com/offbeat/gurugr…
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@deepakshenoy @RankTurner @VishalBhargava5 IF they do, it's in private. I'm not as old as you but know many in my age group who decided to go CF, went back on it after it was late, tried IVF. Some convinced, most didn't. Don't tell me these didn't regret coz they've tried hard to undo their choice.
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@tritims02 @RankTurner @VishalBhargava5 This is hypothesis not backed by facts
Technically I can say you're depressed due to (name anything in here) but you will never reveal it. And youncant refute it
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@Malay4Product @vijaythirumalai Not so sure about risk tolerance part. There are studies that show that most successful entrepreneurs are married with kids.
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Most are DINK by choice.
Since you asked for one upgrade, let me give you a few. :)
> Sleep. Eight hours, every night, for years. That alone changes your work, your patience, your marriage, your skin. It is the single most underrated compounding asset in adult life and parents lose it for a decade.
> Time with your partner. You can actually treat your marriage as a relationship, and not a supporting infrastructure of your kid's childhood.
> Risk tolerance. The number of founders, artists and career switchers who quietly shelved their plans because the EMI and the school fees couldn't wait is massive.
Money is actually the least interesting upgrade. But yes, Urban India TFR is already 1.6. Raising one kid in a metro costs 30 lakh to 1.2 crore. A lot of people are doing the math.
The real silent pandemic 'was' people having kids because everyone else did. :)
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@deepakshenoy @VishalBhargava5 Absence of evidence is not evidence of absence 🤷
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@VishalBhargava5 Unsure about that
Don't have evidence of lots
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@parthbelani_ @hierahul @VishalBhargava5 You'll NEVER see a person regret in public, a choice they made by going against social norms in a society with a honor-shame worldview. In private it might be a different story altogether.
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@hierahul @VishalBhargava5 How many parents have you met who regrets having kids? I’ve met none. Also, I’ve met many who say they wish they had 2 instead of stopping at 1.
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@sameeran29 @VishalBhargava5 The future has always been even more bleak than today for an Indian since the last 1000 years at the very least.
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@VishalBhargava5 the future looks bleak, most cities are almost non livable, absolutely nothing in villages or even tier 2 cities! and in general everything is just bad. I don't see a single reason to have kids. What right do I have to make someone face all of this?
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@deepakshenoy @RankTurner @VishalBhargava5 The point is that if they regret, they would only regret in private. So nobody other than they themselves would know it.
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@RankTurner @VishalBhargava5 And you know what they do privately?
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@deepakshenoy @Anawmaly @VishalBhargava5 Well, consequence of having/not having milk in tea is negligible. It's certainly NOT a good analogy. Maybe something like choosing one career path over other makes a better analogy in this context.
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@Anawmaly @VishalBhargava5 Oh all of this is unnecessary. Milk that I didn't have in coffee yesterday means I didn't have it, period, and it did have a macroeconomic impact, and that impact exists even if I will have milk tomorrow.
All big words. Choose your path. The path is made by walking.
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@jackerhack @peeleraja I don't know that. But Khosla Ventures is still among the biggest VC firms in silicon valley
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@tritims02 @peeleraja Isn't Khosla mostly known for his real estate these days?
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Dear expat techbros of Bangalore.
That Y Combinator gig is not where you will get your next investment. Neither is it that 9000 rupee run event or that pure veg thindi walk in Gandhi Bazaar/Malleswaram.
The really big funding deals happen in Century Club, Bowring Institute, the Karnataka Golf Association, Bangalore Club and Karnataka State Cricket Association, over beers and baby corn Manchurian. If you are not a member of these clubs, find a co-founder who is.
These guys have not studied in your nouveau riche Greenwood or DPS or Narayana or Brigade type schools. Nor are they former IIT aspirants from dummy schools in Kota or Vizag. They don't subscribe to Finance with Sharan.
Their dads wear safari suits and are board members in nondescript co-operative banks, which they treat as their private piggy banks. They have land in Devanahalli and Maddur. Bathroom fittings showroom in Kumara Park.
Your co-founder needs to be from Mallya Aditi, Valley School, Bishop Cottons, Baldwins, Frank Antony or St. Josephs (European). Management quota seat in RV or PESIT, or BCom from Surana College.
Old money. Political connections. ICSE English. No Fear Sticker.
Basically get a Danish Sait as your co-founder.
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@arunmohanother @amishra77 Constitution already has a timer enabled. Nothing can stop it.
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@amishra77 Do u think delimitation in this form will ever happen? Then its replica of Dec 26 1991 Moscow scenes in Delhi... as simple as that...
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Just a glance of what Congress has enabled by defeating the delimitation proposals of Modi Government.
Now delimitation would happen on 543 seats only and as per 2027 census data (mandate of Constitution so would happen).
Here is how Southern states lose out on 2011 census itself. Imagine what would happen basis 2027 data!
This is what Congress has enabled.
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@burkov @pedro_cust52813 Going by linkedin, you probably have written a lot data pipelines but not Fullstack apps before AI era. I see that you're sitting on a barrel of dynamite if you "just accept what Calude gives you".
All seasoned Fullstack devs would consider you an idiot.
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@pedro_cust52813 I don't read it either. I just accept what Codex/Claude makes unless it doesn't work. If it doesn't work, I tell it what doesn't work and it fixes it.
Ii don't say knowing computing doesn't help, but knowing specifically programming doesn't help that much.
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With all due respect to Andrew, in his motivational post, he didn't explain why anyone would write code by hand. I can code, but I consider coding by hand a waste of time.
So, if I, the one who already knows how to code, consider this a waste of time, why would anyone learn something which is very hard to learn only to then consider it a waste of time, like I do?
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@jasveer10 @shregupta89 In Indian market, you should declare max budget upfront before extending the offer to avoid such instances. A lot of companies shortchange candidates based on current CTC (citing max hike percentage), but readily offer higher if they get a counter offer.
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@shregupta89 If you get a better offer, take it. But going back to the previous company to renegotiate after already accepting the offer is exactly the point I was making.
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Interesting to see how one hiring story turned into a national debate.
The issue was agreeing to the offer, confirming the joining date, and then asking for a higher number after committing.
Nothing wrong with negotiating. But do it before saying yes. That’s the whole point.
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@DhravyaShah Sure. We'll see how many of your employees will end up becoming millionaires and billionaires.
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One thing i've learnt over the last year of hiring and firing is: never hire ladder climbers.
we hire those who truly love the craft. who know there is lots of money to be made and optimising for a few thousand dollars is stupidity.
the equity will be worth millions if not B
Jasveer Singh@jasveer10
Interviewed a backend developer. Guy was at 21 LPA. We offered 28 LPA, roughly a 33 percent hike. He agreed and confirmed joining. Yesterday he emailed saying he got a 32 LPA offer elsewhere and now wants 36 LPA from us. Nonsense. Why agree in the first place. If you are still shopping offers just say it upfront. We stopped interviewing other candidates and waited through the notice period for the joining date. Now two days before joining, he came back with a new price tag.
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@sparwani @MattLaemon You don't "ask" people to have ethics. Rather create systems that enforces ethics. In India's case, enforce 15 day notice like in western countries, you'll see this offer shopping problem vanish. Until then, don't complain.
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@MattLaemon I agree. Asking Indians to have ethics is too much
Sameer Parwani@sparwani
India is a “the ends justify the means” society In other cultures, people have principles that act as guardrails against unethical behavior. In India, there are no guardrails. You do what you need to do to achieve your goals, even if you have to sacrifice basic ethics to get there And this of course applies to Indian employers as well. After all, they are Indian and also believe that the ends justify the means. Indian employers are just as unethical as Indian employees Back to this specific example. It definitely is unethical to sign an offer letter and continue interviewing elsewhere. Signing an offer letter is a promise to someone to join. In other countries it’s much less common to sign offer letters and continue interviewing elsewhere - because in those countries people value their word. Whatever gain they get from shopping an offer letter isn’t offset by the ick they’d feel throwing away their dignity and morals for a slightly higher pay In India that guardrail does not exist. The average Indian is not bothered with dignity or morals. Both employees and employers Sad society we live in
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You do you. Nothing wrong with the guy for asking for a different number due to another offer. A company lays off employees without thinking twice. This guy has every right to ask for what he things is right. Welcome to new working class of India that is not majboor
Jasveer Singh@jasveer10
Interviewed a backend developer. Guy was at 21 LPA. We offered 28 LPA, roughly a 33 percent hike. He agreed and confirmed joining. Yesterday he emailed saying he got a 32 LPA offer elsewhere and now wants 36 LPA from us. Nonsense. Why agree in the first place. If you are still shopping offers just say it upfront. We stopped interviewing other candidates and waited through the notice period for the joining date. Now two days before joining, he came back with a new price tag.
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@ratio_hunter_10 @saurabhyadavz In that case, capping the CTC based on previous salary should also be unethical. You can't have it both ways.
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@saurabhyadavz Shopping for offers is unethical. Once you accept the offer, accept to its terms.
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if you can’t afford the talent, why are you crying on the internet?
Jasveer Singh@jasveer10
Interviewed a backend developer. Guy was at 21 LPA. We offered 28 LPA, roughly a 33 percent hike. He agreed and confirmed joining. Yesterday he emailed saying he got a 32 LPA offer elsewhere and now wants 36 LPA from us. Nonsense. Why agree in the first place. If you are still shopping offers just say it upfront. We stopped interviewing other candidates and waited through the notice period for the joining date. Now two days before joining, he came back with a new price tag.
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@jasveer10 @MishraAnit997 When someone looks for their first offer, the recruiters anchor the candidate based on past salary. Saying "We can offer a max of 35% hike" is very common. This forces them to offershop even to get their due. Are you sure your company didn't do this?
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Market deciding salary is fine. Negotiation is fine too. But do it before saying yes, not two days before joining.
The 32 LPA offer likely happened because he showed our offer. That gives the other company validation that the candidate cleared another hiring process.
Startups also move fast. Many are happy to overpay if it saves 2-3 months time.
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Interviewed a backend developer.
Guy was at 21 LPA. We offered 28 LPA, roughly a 33 percent hike. He agreed and confirmed joining.
Yesterday he emailed saying he got a 32 LPA offer elsewhere and now wants 36 LPA from us.
Nonsense. Why agree in the first place.
If you are still shopping offers just say it upfront. We stopped interviewing other candidates and waited through the notice period for the joining date.
Now two days before joining, he came back with a new price tag.
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