From This Practice Can Completely Change Your Life - BeerBiceps & Kunal Shah | Yoga Nidra | TRS Clips 953 · · Life Of BeerBiceps
“What if right now Olympics bans usage of drugs? Okay? What if it was not the case? Drugs are allowed. And Olympics is about extraordinary human performance. What if the drugs were allowed to be used? Suddenly, you will see humans becoming superhumans through drugged-up version, and that experiments will result in lot of scientific discoveries on curing diseases.”
On , Kunal Shah, Founder at CRED, spoke about thought experiments during This Practice Can Completely Change Your Life - BeerBiceps & Kunal Shah | Yoga Nidra | TRS Clips 953 on Life Of BeerBiceps.
In a recent interview with CNBC TV18, Kunal Shah discussed CRED's receipt of a payment aggregator license, stating that at scale, "even smallest optimization, be it on cost or performance, makes a huge difference." He said the license allows the company to build its own infrastructure and more reliable systems. Shah noted that CRED is deploying 30-40% of its payroll into new products, betting on a 2-4x expansion in revenue per user over the next decade, and added that "any company can be profitable if it stops building." Shah described financial services as a "fundamentally more profitable" category that is also the most regulated, which he said allows for a "significantly higher runway." He called going public the "most overrated" trend in fintech and "building high-trust institutions" the most underrated. Shah remarked that "the business of money is business of trust" and that it is "significantly easier to build profits by letting go of trust." He also expressed a belief that within 5 to 10 years, every asset in the country should be tokenized, allowing customers to borrow at lower interest rates through secured assets.