“And every subject that I make a podcast about is an industry that I am considering investing in. While I am typically looking at a company and doing some research, I do a podcast because that gives me an opportunity to talk to three or four people who are most relevant from that community,” said Kamath at the event.
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Nikhil Kamath’s podcast has featured guests including Future Group founder Kishore Biyani, his brother and Zerodha founder Nithin Kamath, cult.fit CEO Mukesh Bansal, Biocon founder Kiran Mazumdar Shaw, Zepto founders Aadit Palicha and Kaivalya Vohra, ex-Myntra CEO and Mensa Brands founder Ananth Narayanan, actor Tara Sutaria, founder of Project Naveli and co-founder of Aara Health, Navya Naveli Nanda, and others on a wide range of topics including metaverse, e-commerce, edtech, health, biotech, fashion, restaurants, venture capital businesses.
The billionaire entrepreneur and co-founder of Zerodha also spoke about why budding entrepreneurs should stay back in India and not go abroad. He said that industry leaders from overseas might be pessimistic about their own geographies but they are sanguine about India’s prospects. Kamath said that this will lead to more inflow of money to India. There is under-penetration in various sectors too, he added.
Yassin highlighted that he gets 10 times more money in America than in India for the same number of views. “If I make $1000 in America, I make $100 in India, which means if I make $100,000 in India, I will be a millionaire in America. Why wouldn’t I go to America?” he asked Kamath.
“Bro-to-bro advice, your life in India with $100,000 would be much better than your life in America with $1,000,000,” said Kamath to a thunderous applause.
Kamath further added that purchase parity aside, things are changing in India dramatically. He said, in many ways, India is similar to China and is more likely to follow their trend than follow the West. “I think it is a huge opportunity,” he said.
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