Kunal Shah: prediction

Transcript context

…It's a great question. I don't think they consciously think about it, but I think if they ever heard this, they would agree with it, because that's what they grew up with and value systems are much more long-term. For example, I believe all bad behavior in humans comes from being short-term, and being long-term is a big choice to make. And a lot of times a lot of people argue that we have a 95% arranged marriages and less than 1% divorce rate, comes from this whole long-term thinking that people are married through values versus attraction or lust and all of that stuff. They’re more long-term oriented and about building a family, building values. Or low divorce rate is about “we'll fix along the way” versus trying to say “I need to evolve” and “I need to move forward.” So I think being long-term about that mindset, and that's why some cultures last for thousands of years, because of this need for everybody to be more long-term versus short. The US could use a lot of that these days. You mentioned this interesting fact about how in India, most startups fail. You said, I think, the classic stat is 90%, and that the risk is a lot higher to start a company and then fail. Can you just talk about what impact that has? How do people try to avoid that? Because that'd be amazing if you can reduce the risk of starting a company or is it just that it happens and people get super in debt?…

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