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I love and respect what you are doing. I wanted to ask a question though. We talk about startups and stories from the US. When and how will we start talking more about startups and stories from the Indian ecosystem?

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US is a pretty mature ecosystem when it comes to tech companies. They have a 20 year lead. We can learn a lot from them.

If you read other posts of growth catalyst, you will find examples of Swiggy, Zomato, Flipkart, etc at relevant places.

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Hi Deepak,

I have one question on this point: In absence of a distribution moat, the market rewards innovation heavily because that can help a company win the market. That reflects in tech companies investing heavily in R&D. Meta and Nvidia invested 30% of their revenue in R&D in 2022. Compare it to Pepsico, which invested just 1% of its revenue in R&D.

Meta does have distribution moat right ? Can you please explain this better.

Thanks.

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Slight correction: Distribution isn’t the moat for Meta, it’s network effects.

As for distribution as a moat, most of the big tech companies already have that distribution, so it doesn’t protect them against each other. That’s why, they keep threatening each others areas of expertise.

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Makes sense.

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