I am a reader of your blog for years now. Also acted upon your advice on BHEL. wishing you all the best . You understand a retail invester and you really rock.

cheers

I will be off for the next few days…so check back after that.

Cheers!

kamla

I feel happy for you.
Congratulations once again.
Keep up the good work.
Regards
G Vishwanath
JP Nagar Bangalore.

I think you put it right: it is the state of mind…very difficult to replicate it easily.

Best of luck with your startup.

Kamla

Excellent article.

World will be better off if we can have couple of more hubs like Silicon Valley. I am sure there will be interesting places in coming years (especially in few cities of Israel, China, Russia and India).

Silicon Valley will always be unique in much the same way as Hollywood and Wall Street are unique.

As someone rightly said - its more of a state of mind than a place. I hope more cities will try to copy the “state of mind” than the place itself.

Brij

Thanks for sharing your thoughts.

kamla

Cheers!

Kamla

Hope you enjoyed the film.

Thank you for writing in.

Cheers!

kamla

Then there are the clothes and shoes- so awesome.

Then there is the city - New York - the epitome of fashion, style and cool. http://snurl.com/2bdb2

So, for those reasons, the show is a classic. Don’t know if that helps you, but those are my reasons for being hooked.

Thanks for reminding us…we had forgotten our manners

Cheers!

kamla

Congrats on your decision to buy REVA…Rs, 300 less than $!0 for driving round the city is a great option. Not only have you reduced your carbon footprint, and also saving money in the process.

I think we all have to learn from you…and your attitude towards working…I guess we all be working for the rest of our lives

Hope your wife is enjoying her trip in NYC.

BTW, Jet is flying from Bangalore to Mumbai and not to Bangalore. There are just a couple that fly to Bangalore: Lufthansa, Singapore, Cathay Pacific (via Thai Airways) as far as I know. And getting a ticket on Lufthanss from here is a challenge.

Thanks for sharing your thoughts and writing in.

Cheers!

kamla

My Reva battery operated car was a lucky purchase decision.
I have had it for a full five months now and I am congratulating myself for this decision to go for it.

My average increase in electricty bills at home is just Rs 300 per month.
For this amount all my internal mobility within the city is taken care of.
The Wagon R that I still keep and use occasionally would have cost me Rs 3000 instead.

Considering the general price rises, I can’t think of retirement now.
I guess I’ll just have to carry on as long as the body breathes or as long as I am able to.

Glad to hear abut Jet Airways operating from San Francisco.
It’s sure great to have a flight that takes off directly from Bangalore and lands at San Francisco.
My wife is now holidaying in USA. She is in NY these days, and will reach Fremont next month.
I was scheduled to have joined her but work committments kept me back.
May be next year, I may be able to take a break.
It will be Jet Airways for me.

best of luck!

Kamla

But, yes I think you would make an excellent writer for one of the big celebrity bloggers…keep your eyes open…you never know

Best of luck!

kamla

I am not wiling to believe some of these stars can actually write.
They can’t even talk unless the dialogues are written for them.
Mercifully they can at least read.

It’s taken them quite a while to realize the possibilities in this medium and they want to exploit it.
I forsee new star bloggers entering the fray and they will use ghost writers.
They will tell their hired writers their thoughts and leave it to these wordsmiths to do the rest.
Do I see a new job opportunity for me in my retired life?

The Internet service provider bit came from the press release that I received about MetroMela. Thank you for clarifying that MetroMela is a local information service provider. From what you have described it sounds like your service is a combination of information you gather (through your editorial review) and blend or combine that with deals from “best” retailers in a particular city. Sounds a bit like epinions where people shared their review of a product or service or a deal.

There certainly is a market for local information services and clearly you are trying to address that need and your customers will tell you what they think.

Best of luck with Metromela and appreciate your input.

Cheers!

kamla

MetroMela is defnitnely an local information service provider not an internet service provider. There must be a typo somewhere. Would like to add that In addition to the magazine that you mentioned MetroMela also differs from yellow pages type services because it is built to answer questions like “which is best place to get this stuff (for example organic clothes) in the city?”. We primarily do that by our own research (editorial reviews) and user reviews. We also list only the city’s best merchants in our directory based on our own survey and user’s recommendations. Hence a user of metromela can be sure that stores recommended for a query will give him good quality of user experience. Finally to facilitate shopping decisions we carry deals information for our users. What do you think of this approach for ensuring better offline user experience?

regards,
pankaj Joshi
http://www.metromela.com

Now is this gambling? If it is, all stock market transactions are gambling too. Because implicitly, there is a bet, and there are odds.

What’s wrong with gambling is that people play when odds are against them. Like lotteries, or slot machines. Even in blackjack, the game can and has been won by pure skill, by a set of mathematicians - including the famous Richard Feynman - so much that they got banned from most casinos in Vegas. (the house can’t handle losing consistently!)

In stock markets, it is indeed legal to have odds in your favour and no one will throw you out. But it takes discipline and strategy to win, just like it does in any other business, but this one has enough data in it to statistically test your strategies in the past. That edge has always been with big money - the institutions, the prop traders and so forth. We intend to level the field and bring it to retail investors as well.

Hope that clarifies!

Good job on the interview and good luck on the venture. As I understand, you are catering to retail investors on helping them buy/sell/hold using technicals. You are basically timing the market with bullish and bearish signals.

Aren’t you joining the ‘gambling’ team that you are against?

Is fundamental analysis involved?

I could be wrong/misunderstood.

-Raghu Raman

Kamla

Really enjoyed part I of the interview, and look forward to the second half. Your well-rounded analysis posted here complements the interview in a nice way, providing relevant pointers and background analysis. It is nice to see you have done your homework.

Nitin, Hari, Prateek , Vicky, Anthony: Thanks for the wishes and comments.

Hari: Will get in touch.

Here is wishing Deepak and his co-founder the very best with their startup.

Thanks Roshini for pointing me to PrachaartThis.

Thanks for reading and sharing your thoughts.

Kamla

Thank you for your honest and excellent interview with Deepak. I especially liked the answer about how entrepreneurship is not the Holy Grail. I linked to this interview in my blog today at the Innovators-Network so more readers can visit your show and read the entire piece for themselves. Best wishes for continued success.

Regards
Prateek Dayal