Kunal Shah in conversation with Carl Pei

Kunal Shah in conversation with Carl Pei | CRED curious

Рет қаралды 560,767

Күн бұрын

On 3rd August, 2022, Carl Pei (founder, @NothingTechnology) sat down with Kunal Shah for a fireside chat. What followed was an hour's worth of shared curiosities between them.
Kunal and Carl started companies which brought new products in fast-growing categories, financial services & mobile phones respectively. Both left these companies, to return with all-new takes. Kunal, with CRED in 2018, and Carl, with Nothing in 2021.
In conversation, they cover all about what entrepreneurship looks like in the roaring 20s, building high-performing teams in startups, what makes powerful brands, and choosing the right problem to solve.
Bonus: Carl Pei discovers the word "cringe" and Kunal Shah reveals his meme dealers.
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Timestamps:
00:00 Start
0:58 Session opening
1:17 The beginning of Nothing
3:54 Setting up a hardware tech company
5:18 How to build a brand around your business
11:47 The values which define Nothing
17:32 Taking business decisions
22:02 Insight behind the design
24:25 Vanity versus utilitarian functionality
25:16 Dealing with crisis while building a company
28:38 Unique traits of the Indian market
30:36 Creating the right market environment for a premium phone
32:58 Carl's role at Nothing
34:18 Identifying mediocre talent
39:11 Kunal's role at CRED
42:58 Question and answer session
49:05 How Nothing got its name
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Пікірлер: 511

@AkshatZayn Жыл бұрын

It is always great to hear Kunal speak -- insightful :)

@coolbro4230 Жыл бұрын

Yep 😄

@RishabKapadia Жыл бұрын

Good to see you here Akshat. 😄

@abhishekkaushal327 Жыл бұрын

Without WhatsApp number..... This must be real Akshat :P

@ShreyashPatil1811 Жыл бұрын

@@abhishekkaushal327 ayenge abhi thodi hi der baad bots whattsapp number lekar

@kunalpatil442 Жыл бұрын

Thank u 😂

@namaskarprasad Жыл бұрын

Worth watching this podcast 💣

@engineering-informationtra3588 Жыл бұрын

YoU provide great content sir

@krbrijmohan Жыл бұрын

Thank you for suggestion❤

@saheem91 Жыл бұрын

If kunal sir present then every single podcast or video worth watching 👍

@tydical Жыл бұрын

fireside chat* XD

@Sidwarrier Жыл бұрын

This was super insightful, hearing about how the Indian customers are perceived by foreign market. And Kunal makes a great host!

@playback0799 Жыл бұрын

Just a little too serious 😂

@zhinkunakur4751 Жыл бұрын

@@playback0799 serious is good

@sanknoor Жыл бұрын

Sis I'm huge fan of ur work. Got lot of knowledge from u

@shikharbhadauria954 Жыл бұрын

@Shaurya Singh I think he mispelled "Sid"

@sarathipaul7909 Жыл бұрын

I can't explain how crisp and value adding this was. Really awesome!!!

@anshumanfinance Жыл бұрын

The Indian market is very different from other countries. We try to maximise the value we get per rupee before making any purchase. Great point Carl, this was an insightful video!

@curious_one1156 Жыл бұрын

and is it different in US ?

@sankhuz Жыл бұрын

Yeah

@magicmagus1459 Жыл бұрын

"We try to maximise the value we get per rupee before making any purchase." No, it is because majority of india is extremely poor. So most will only be able to buy the cheapest product available. Rich indians always buy iPhone but 70% of india live way below poverty line. So for around 25%, they can only afford the cheapest product available which is usually a chinese phone. This is just facts not value for money.

@Moonlight-sj7qc Жыл бұрын

@@magicmagus1459 "Reality is always disappointing" and you proved it man kudos to you, very well said

@AmritenduRana31082000 Жыл бұрын

@@magicmagus1459 nope,it's the Indian mindset and hypocrisy .I've seen many bargain from street vendors while paying extra in shops like Zara.We live in a very hypocritical society.My father who has his own real estate business uses a 20k Vivo phone while his driver uses an iphone 13 .I buy Nike t shirts for the driver while i have never bought a Nike or Adidas or any branded t shirt or anything coz it's a waste of money for me.Its the mindset that gets created in poor societies about brand defining status and poor and middle class people mostly falls for it while actual rich people properly manages their expenditure and hardly cares about brands.

@devpreneur7735 Жыл бұрын

Some IMP Moments 1:04 Funny Start by Carl 3:40 If we didn't try, who else would 8:03 Carl thoughts on Nike 9:56 Building a Brand 12:18 Strongest competitive adv. for a company over a long run is its Culture 12:37 4 Values of Nothing - Be the change, Pride and Product, Diversity and Survive. 16:20 Kunal on Pride and Product 17:15 Gut Feeling 31:23 Practically No Competition in Smartphone Industry (Apple vs Others) 36:04 Kunal insights on Mediocre talent 37:00 Not just about owning details but about predicting accurate details 37:06 Being very right often is a sign of great talent 41:30 You can't build substance in life unless you are consistently putting your wealth, reputation and health at stake 41:51 Young people in India are worried about their reputation, though they have none - Not taking risks, Not pushing limits because of it Questions from Kunal 1:55 Why did you start this company, What is unfinished business you are trying to accomplish 4:00 You could do easier business, Why hardware? 5:19 How to build a brand? 10:25 Why is it hard for people to understand the importance of brand 11:54 What were the values you agreed upon while starting Nothing and at what stage they accomplished 17:33 Starting with lower price point and then move to next levels. What about that 22:01 Insights behind the design 24:27 Vanity for the sake of vanity should exist in the product 25:20 Two of the biggest crisis you have deal with 27:25 What you are most scared of? 28:46 Difference between Indian Consumer and Consumers Outside of India 30:53 How did Nothing created market environment for their premium category 30:05 What's your role in company? 34:22 Traits of mediocre talent 43:00 Teams Questions

@reginthalamahesh7432 Жыл бұрын

Bhai, Thu ithana Kaam kyu kia bhai?🙏

@JP-bm3yf Жыл бұрын

I used to think... I had a lot of time to spare... Until I saw this guy

@Moonlight-lu3tk Жыл бұрын

Bhai bura mt manana, but tum logo ke wajah se mai aise video bhi pura nhi pata pata hu. 🥲

@satya982k Жыл бұрын

MOM 😂

@anshumanxda Жыл бұрын

2:46

@nareshmeetei Жыл бұрын

This series is a great idea. Thanks for bringing Carl in this and doing this Kunal and team.

@amazonindia9264 Жыл бұрын

This is one of the extraordinary podcast I have ever listned. It's really worth it.

@Souravkarmakar.5 Жыл бұрын

My two favorite people in one frame. You don't know how much crazy and happy this podcast makes me.

@adamirfan6986 Жыл бұрын

I only love Carl Pei..

@avichanodia6998 Жыл бұрын

Amazing podcast!!! The clear vision and understanding these two guys have for their product and market is exceptional.

@thebibekshah Жыл бұрын

Every second of mine was utilized watching this video. There are so many lessons I took from the conversations. I really loved it.

@tusharmehta2511 Жыл бұрын

What a terrific start to the podcast; I'll be listening until the end.

@muks59 Жыл бұрын

Am 63 and very much impressed by Kunal and Carl! Kudos to you guys!

@itspiyushagrawal Жыл бұрын

Really insightful conversation, incredible lessons to learn.

@himanshujain2278 Жыл бұрын

One of the best interview I had watched so far I was eagerly waiting to watch these interview & it's totally worth it. Kudos to both kunal shah & carl pei.

@fella-bikram Жыл бұрын

Two gems and their conversations, what else are required - Nothing! Amazing ❤️

@Parthgrg Жыл бұрын

Carl is very a sober and polite personality. Following him on oneplus forum since OP1, met him twice and he is a great listner and charmer.

@dakshjain1388 Жыл бұрын

Wow. Really insightful. I am glad they posted this conversation. I was waiting for them to release it.✌🏻

@SindhuBiswal Жыл бұрын

Thanks for doing this. Making notes already!

@Vijay_sahni Жыл бұрын

Kunal nd team please put captions. Very excited to watch.👌🏻

@NitinJ_rvce Жыл бұрын

This is turning out to be a great world class series!

@ruchirpandya8403 Жыл бұрын

Best conversation happened when you ask right question. Kunal did it every time he spoke. Weather he is on the answering side or host side, he always did a great job. Refreshing experience to heard Carl and his story. Love it.

@modikrunal5374 Жыл бұрын

Thanks for adding English subtitles 🙂

@GADGETSONEMALAYALAMTECHTIPS Жыл бұрын

Great Interview...

@williamikennanwosu Жыл бұрын

Great questions from the interviewer and Carl is so grounded, modest and honest.

@archisha249 Жыл бұрын

Wow loved this one !! Insightful and enriching. Need more pls

@IshanSharma7390 Жыл бұрын

A lot of learnings here💯 Especially this👇 Trait of mediocre people: They seek for external validation to measure how well they are working instead of being sure in themselves that they've delivered work to the best of their capacity.

@PrateekMishraplus Жыл бұрын

Thanks for this Kunal and Cred team. Was going to buy but will wait now till they get access to better factories 😁

@adityaraj.obsession Жыл бұрын

Wow! This Was Super Amazing. I Really Love Those Insights. Thanks Kunal & Carl.

@ratuldas4347 Жыл бұрын

Love you Kunal! Key takeaway is everything in the entire conversation, Hats off to all questions..

@ahwork 5 ай бұрын

its amazing how their whole purpose is keeping the end user as the center..

@sureshnishtala2887 Жыл бұрын

Loved the conversation....from Kunal its always a deep learnings.... One quote I could probably take away form here is You cant build substance in life unless you are consistently putting your wealth,reputation,and health at stake. ~Kunal Shah

@firstprinciples994 Жыл бұрын

Thank You Kunal & Carl For Doing This. Enjoyed The Conversation.🙏🙏🙏

@webservice8156 Жыл бұрын

Keeping great knowledge from this podcast. Thanks Kunal.. :)

@anjalisomani4573 Жыл бұрын

absolutely loveeeeed the conversation!

@vishrutvatsa Жыл бұрын

THIS is how real techies talk. No BS. Only tech, h/w and business.

@shane_kangzang Жыл бұрын

'Trying to think though there is NOTHING on the mind, brings SOMETHING to the mind' Carl Pei got SOMETHING called NOTHING💪 Worth watching the entire podcast❤ Quality one!

@ShitToSociety Жыл бұрын

I'm the CEO of Nothing

@surajjjjjjjjjjjjjjjjjjj 7 ай бұрын

and I'm the SEO

@krishanuchowdhury6768 4 ай бұрын

I am ceo of apple

@ShauryaIsSnipc 4 ай бұрын

you didn't get the joke

@justapplepi3 2 ай бұрын

I would love to become apple a trillion dollar trillion plus😂😂😂

@CuriousKidVibe Жыл бұрын

Insightful conversation. Loved it!

@sandeshrnayak Жыл бұрын

Very insightful! Loved this one! ❤️

@arunprasad5127 Жыл бұрын

Thankyou so much for this effort Kunal :) Carl Pei, a big inspiration !

@qwertyxdk Жыл бұрын

But look after your casino app (CRED). Where payments used to settle instantly now is facing a lot of failures along with long settlement time for hours and hours.

@ramratansinghi8661 Жыл бұрын

Awesome. He's "Something" out of this world. So Cool and yet so energetic.

@rahuljanagouda Жыл бұрын

When you pan into the audience, attention would get lost into observing people than listening to these minds at work. Indeed great insights...

@legalbulldog7047 Жыл бұрын

Nothing seems to have cracked the code for marketing in the post-pandemic era. To put the main guy in the spotlight, first with Beerbiceps and then with Kunal Shah, is a risk that paid Apple very well (Steve Jobs' iconic presentation for iPhone launch). Something which chinese companies could not do, and currently Apple is not interested in. Will be fun to watch Nothing sales graph in the coming year.

@jacure123 Жыл бұрын

Wish the phone was in America.

@m.skumar9368 Жыл бұрын

That guy was so cool while he was taking...he was really connected to me compare to other ceo's talks..i love you buddy...🖤

@itsahmedbasha Жыл бұрын

Very nice podcast, so much of learning from this. Especially 41:45 hits really hard.

@VinitDeshmukh Жыл бұрын

What an insightful conversation 🙌

@mihiryadav5883 Жыл бұрын

Great video to self evaluate whether one is mediocre or great talent!

@Jashandeep Жыл бұрын

Amazing convo. Was curious about what questions would Kunal ask...

@debratbandyopadhyay8860 Жыл бұрын

a moment of genuine appreciation for kunal, positvely impacting how we engange in critical thinking

@PoshakDua Жыл бұрын

Loved this podcast. Thanks Kunal and Carl. The values of Nothing and the brand building insights are amazing 👏

@manya7989 Жыл бұрын

Listened to this in bus while going to school, indeed Carl has won respect from us and damn this is so insightful.

@thinkbig855 Жыл бұрын

Learned a lot thank you for this session

@theakshatsengarr Жыл бұрын

Loved the episode 👍

@VibsTech Жыл бұрын

Insightful, worth watching!

@spandeynotes Жыл бұрын

Great session !!

@sankhuz Жыл бұрын

Now this is the type of content we need

@blwbisht Жыл бұрын

Depth of conversation ⚡️👀 makes me feel I'm not thinking deep enough about different perspectives and processesing the depth ⚡️⏳️🤟🏼

@prashantbc9635 Жыл бұрын

Insightful one word for this talk. Loved the nothing talk

@AnkitG12 10 ай бұрын

Another great conversation .Lesson- Be fundamentally strong.

@jeninsolomon Жыл бұрын

Kunal should start a podcast. So much information to give.

@kendricknrapthap6827 Жыл бұрын

Damm my mentor is back I wish I could come work for you Kunal you are just a very insightful man, started my bussiness with your ideas.

@vey134 Жыл бұрын

This guy is so smart...he should start a company

@akk92278 Жыл бұрын

This podcast is gonna blow up

@devadatta1417 Жыл бұрын

such an insightful conversation about tech!...really learnt a lot from this podcast...#credcurious

@NamanPatel0 Жыл бұрын

the podcast I didn't knew I needed

@GanpatiRam Жыл бұрын

Carl & kunal Sir Thank you So Much for podcast ❤😊

@sarothsundar Жыл бұрын

Carl simply nailed the interview, liked the way he answered

@Azmarine13 Жыл бұрын

Learned soo much!

@flyingNarayan Жыл бұрын

really great podcast .

@atharvakulkarnii Жыл бұрын

Seeing my HERO'S together makes me happy

@CodeWithNiks101 Жыл бұрын

It was good, worth watching!

@HELMETDUDE Жыл бұрын

one is business men, another one is innovator, thats pretty sums up everything that why we dont have such indian brands who deals with smartphones, business men cannot run companies like apple, nothing etc, innovators and engineers does.

@EEEbrahim3971 Жыл бұрын

After watching this video, no one will have to learn more on how to build a brand, how to create a company. Grateful for the valuable words.

@KavishuGoyal Жыл бұрын

I now understand, Carl Pei is actually worth listening to 👏🏻

@shravan18 Жыл бұрын

I went to watch this podcast live. It was super and excited.

@gouthu987 Жыл бұрын

Where was this held?? Mumbai

@Kayash_Kino Жыл бұрын

Was anything else taught or discussed in live form? YT post is just 52 mins

@anumitadasgupta8051 Жыл бұрын

Carl Pei said 'my sister is in her early 20s, it's almost a different generation'.. so true!

@molyoxide8358 Жыл бұрын

"When Your Purpose is clear then your Decision becomes Easy"

@adityasankannavar4559 Жыл бұрын

Thank u soo much sir's ❤️

@dhruvkumar6139 Жыл бұрын

Great podcast man.

@gauravm. Жыл бұрын

So, very insightful.

@samridhsingh2064 Жыл бұрын

It's the most beautiful and intrinsic podcast to go in.

@ManasaSahithi-ro1uc Жыл бұрын

Been waiting for Cred Curious" comeback with Mr.Kunal Shah

@themoneylancer Жыл бұрын

Finally cred curious is back

@paritosh-sharma-storyman Жыл бұрын

At 17:12 when Carl says 'Gut feeling is not random' - the editor of this video has done a great job to capture the head movement of the lady. The moment just makes the belief in the statement stronger.

@Kayash_Kino Жыл бұрын

Thats captured by audience cameraman, chosen by editor, so the real time hard work is done by cameraman

@the_winningsecret Жыл бұрын

Always Insightful podcast with kunal shah.

@hapoob Жыл бұрын

Satisfied with lot's of answer!!

@HVadlamudi Жыл бұрын

Grate interview ❤️

@VR98 Жыл бұрын

Great value!

@ashishhulsurkar2147 Жыл бұрын

Watching this for second time🔥

@sagnikhalder9471 Жыл бұрын

Very insightful conversation ❤️👍

@abhishekarya5646 Жыл бұрын

Kunal shah is like the movie - “everything everywhere all at once”, you don’t always need to do how it is supposed to do. CEO interviewing CEOs in front of the organisation. Kunal is not building a product/ company , he is building a cult.

@AmritR32 Жыл бұрын

A cult that's bleeding money in front of its own investors

@abhishekarya5646 Жыл бұрын

What I mean is just like zoho mafia we will soon have cred mafia - incredible companies out from ex-employees of cred. All because of the kind of leader Kunal is.

@AmritR32 Жыл бұрын

His leadership skills are definitely good. Personally, I feel he's too philosophical sometimes. But overall, yes, we may soon see talented people from Cred too.

@suyogchandak2340 Жыл бұрын

Mostly generic talk with keywords and woke philosophy. Very little value creation.

@BallyBoy95 Жыл бұрын

Kunal Shah may very well be smart, but he is a little too self-opinionated for my taste. I wonder if he thinks people who are quiet are not curious, simply because they're quiet?