Nitin Verma

i think we've reached the point where the cracked marketer is more in demand than the cracked engineer

Hey @atherenergy, whenever there's a software update, can you send a notification to my phone in the morning so I know I have to turn my scooter on early and wait for it to complete?

I've so far stayed away from commenting on @BLRAirport's sudden decision to charge all commercial taxi operators ₹285 to enter T1 and pick-up passengers within 10 mins - every additional 5 mins is another ₹150. And even this spot is a 5 min walk from arrivals gate. The free P4/P3 is a 10-15 min walk and there's a free bus shuttle - but it's super inconvenient with luggage or for aged parents, and there's no cover (so good luck during rains). For 3+ months now, this has become highly inconvenient for all our guests & it's been hurting our business. I myself wouldn't book a @shoffr_in from P3/P4, and last time when I paid for premium parking realised that it's not really that premium. Still, I didn't feel like I should create an issue out of this - after all, every busines including BIAL wants to increase their revenue. But recently someone close to me reminded me that we have a voice, and we should use it - not just for our benefit, but also for that of thousands of other individual taxi drivers and small fleet owners. And most importantly, for all the travellers who are now either forced to walk or select expensive-and-not-worth-it options that are in front of them. I'm not saying don't charge us - but going from 0 to ₹285 is a steep increase and gives no time for businesses to adjust and account for this cost. Instead I propose charging ₹100 per entry for 2026, and then increasing it to ₹200 next year. It's a fair trade-off between adding a revenue stream (which was non-existent for years) and not inconveniencing the very passengers who use and bring revenue to your airport. And it gives time for businesses to adapt. The current situation is unfair to commercial taxi operators, inconvenient for travellers - and so reflective of the monopolistic position of BIAL and airports in general. I kindly request the relevant authorities to use this position in a manner that improves the ecosystem for everyone, rather than disbalance it. To those reading this - if you've been impacted and agree with my views, please repost this in the hope that it's picked by media and Govt. authorities so that BIAL is forced to rethink it's current approach. They might be a monopoly we can't escape using, but we all have a voice too. Let's make them hear us 🙏🏼 deccanherald.com/india/karna…

we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack

I went on a call with @AndrewWarner yesterday and showed him how MissionControl works... All the AI agents you see here are autonomous and do all the tasks on their own. I just talk to the Jarvis (lead AI agent) and Jarvis orchestrates everything else. youtube.com/watch?v=_ISs5Fav…

Dear @zomato, the actual price of my order is ₹320, but on Zomato it’s ₹655. Even after applying discounts, I still have to pay ₹550. This price difference is absolutely insane. Customers are being blatantly overcharged.

Dear @zomato, the actual price of my order is ₹320, but on Zomato it’s ₹655. Even after applying discounts, I still have to pay ₹550. This price difference is absolutely insane. Customers are being blatantly overcharged.

You see a great stock. You buy and hold. This generates 0% rent. This is not long-term investing. A parallel example to understand is: that you buy a high quality land. You just sit on it for 20 years. And, do nothing. Will you make great returns? Maybe. But, smart people will always generate "rent" along the way (eg. they will build a house, or give that land on lease). Why? If you see income hitting your bank balance, it allows you to hold the asset longer. This is the reason why people think 10 times before selling a property which is generating rent (but would often sell a property which generates 0 rent). Okay, so coming back to stocks- Let me explain how you can generate at least 5% rent on exceptionally good stock. I have close to 250K$ of Amazon stocks across my different portfolios. Is it a great stock? Yes. For the last 5 year it has been a laggard. Next 5 years look bright for the stock. Why? investments becomes productive, AWS scaling etc. So I have started to sell a long-dated call option on Amazon. More specifically: I sold a 1 year out long-dated call at around 330$ (current price of Amazon is 230$). For this I get paid around 1100-1300$. Around 5% rent. Now if by Jan 2027: Amazon goes to 330$, my 100 stocks of Amazon get sold at 330$ (that's 43% profits in 1 year, capital appreciation). Plus 5% rent collected. If it doesn't go to that level, I simply collect my 5% rent. And, keep repeating the process on a long-cycle. I just don't stop there. Since I am getting this rent on day 1 (consider it an advance payment). I use that rent money. And, buy high risk- high reward stocks with it. Holding things "long-term" is not really a system. With any asset (stocks, real estate, gold): you always need to cash flow it.