{"id":8874,"date":"2023-04-13T19:23:27","date_gmt":"2023-04-13T13:53:27","guid":{"rendered":"https:\/\/gtm360.com\/blog\/?p=8874"},"modified":"2023-04-13T19:23:48","modified_gmt":"2023-04-13T13:53:48","slug":"go-figure-contradictions-part-1","status":"publish","type":"post","link":"https:\/\/gtm360.com\/blog\/2023\/04\/13\/go-figure-contradictions-part-1\/","title":{"rendered":"Go Figure: Contradictions &#8211; Part 1"},"content":{"rendered":"<p>In this blog post, we&#8217;ll feature ten contradictions \/ ironies \/ disconnects aka #GoFigure.<\/p>\n<p>1.<\/p>\n<p>Trend driving Tech: Go from CAPEX to OPEX.<\/p>\n<p>Trend driving Solar: Go from OPEX to CAPEX.<\/p>\n<p>It&#8217;s amazing how these two contradictory trends can coexist in the same company <em>at the same time<\/em> e.g. IT seeks CxO approval for going from onprem to cloud whereas factory seeks CxO approval for installing solar to replace grid electricity.<\/p>\n<p>2.<\/p>\n<p>Google is a monopoly.<\/p>\n<p>Google has 130,000 rivals.<\/p>\n<p><a href=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/GOOGLE-MONOPOLY-COMPETITORS-ET-01DEC2022.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-10837\" src=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/GOOGLE-MONOPOLY-COMPETITORS-ET-01DEC2022.jpg\" alt=\"\" width=\"401\" height=\"123\" srcset=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/GOOGLE-MONOPOLY-COMPETITORS-ET-01DEC2022.jpg 489w, https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/GOOGLE-MONOPOLY-COMPETITORS-ET-01DEC2022-200x61.jpg 200w\" sizes=\"auto, (max-width: 401px) 100vw, 401px\" \/><\/a><\/p>\n<p>3.<\/p>\n<p>Bolt, Coinbase, Fast and other fintechs are firing.<\/p>\n<p>Banks like Citi that they were supposed to disrupt are hiring.<\/p>\n<p>4.<\/p>\n<p>Companies: We&#8217;ll hand over customer data, strategy emails and confidential messages to AWS, Gmail, WhatsApp, et al.<\/p>\n<p>Also Companies: We want private 5G so that we can preserve confidentiality of fan vibration, flue gas temperature, and steam pressure transmitted via 5G networks.<\/p>\n<p><a href=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/5G-CORPORATE-BS-ET-11JUN2022.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-10829 size-full\" src=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/5G-CORPORATE-BS-ET-11JUN2022.jpg\" alt=\"\" width=\"500\" height=\"269\" srcset=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/5G-CORPORATE-BS-ET-11JUN2022.jpg 500w, https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/5G-CORPORATE-BS-ET-11JUN2022-200x108.jpg 200w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>5.<\/p>\n<p>Web: Go from Onprem to Cloud.<\/p>\n<p>Mobile: Go from Cloud (mobile web) to Onprem (native app).<\/p>\n<p>6.<\/p>\n<p>Company: We hate vendor lock-in.<\/p>\n<p>Also Company: We&#8217;re moving from multivendor onprem to AWS \/ Azure \/ GCP cloud oligopoly.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I can&#39;t think of a more free will action by IT customers to surrender their independence and lock themselves into a vendor oligopoly than their decision to migrate software systems from onprem to cloud. <br \/>Redux: Pied Piper of Hamelin.<a href=\"https:\/\/t.co\/3NvMd468aO\">https:\/\/t.co\/3NvMd468aO<\/a><\/p>\n<p>&mdash; GTM360 (@GTM360) <a href=\"https:\/\/twitter.com\/GTM360\/status\/1603351770306154496?ref_src=twsrc%5Etfw\">December 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>7.<\/p>\n<p>Crypto hasn&#8217;t killed Fiat. eBook hasn&#8217;t killed print book. EV hasn&#8217;t killed ICE. Fintech hasn&#8217;t killed Bank. Rideshare hasn&#8217;t killed Personal Vehicles.<\/p>\n<p>But that hasn&#8217;t stopped the creation of billions of dollars in value by spreading the narrative that they will.<\/p>\n<p>For the uninitiated, I&#8217;m alluding to the stratospheric valuation \/ market cap of wannabe disruptors like Block \/ Square, Coinbase, PayTM, Tesla, Uber, <em>et al<\/em>.<\/p>\n<p>Lest somebody thought the current funding winter will put an end to that, I seriously doubt it.<\/p>\n<p>VCs will talk about positive unit economics during bear runs but, once the bull run restarts, they will go back to funding loss-making startups. Exhibit A: AirBnB, RobinHood, Snap, Uber, WeWork, and many other poster childs of the last recession are making losses even after 10 years.<\/p>\n<p>To some extent, I think FOMO in private markets has already commenced, just in one sector:<\/p>\n<ul>\n<li>OpenAI: $30M revenue, $29B valuation<\/li>\n<li>Character.ai: $0 revenue, $1B valuation.<\/li>\n<\/ul>\n<p>8.<\/p>\n<p><a href=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/mseb-bill-pay-upi-credit-card-gofigure-fi.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-10830\" src=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/mseb-bill-pay-upi-credit-card-gofigure-fi.jpg\" alt=\"\" width=\"350\" height=\"156\" srcset=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/mseb-bill-pay-upi-credit-card-gofigure-fi.jpg 630w, https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/mseb-bill-pay-upi-credit-card-gofigure-fi-200x89.jpg 200w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a>Indians won&#8217;t pay for convenience.<\/p>\n<p>10X more Indians pay bills with UPI than Credit Card even though UPI is the costlier option.<\/p>\n<p>To take the example of an MSEB electricity bill:<\/p>\n<p>UPI: INR 2920 via Walmart PhonePe<\/p>\n<p><em>vs<\/em><\/p>\n<p>Credit Card: INR 2900 via HDFC Bank PayZapp.<\/p>\n<p>9.<\/p>\n<p>Indians are supposed to be very price-sensitive and unwilling to pay a premium for brand.<\/p>\n<p>However, Retail Private Label has only 5% market share in India (Basis: DMART INR 1587 crores\/INR 30900 crores) despite being way cheaper than FMCG Brands.<\/p>\n<p>10.<\/p>\n<p><a href=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/MONEYWISE-AD-EDIT-NEUTRAL-HOW.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-10838\" src=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/MONEYWISE-AD-EDIT-NEUTRAL-HOW-200x150.jpg\" alt=\"\" width=\"150\" height=\"112\" srcset=\"https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/MONEYWISE-AD-EDIT-NEUTRAL-HOW-200x150.jpg 200w, https:\/\/gtm360.com\/blog\/wp-content\/uploads\/2023\/04\/MONEYWISE-AD-EDIT-NEUTRAL-HOW.jpg 500w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>Publisher: We adhere to strict editorial integrity.<\/p>\n<p>Also Publisher: Our products and services links are sponsored.<\/p>\n<p>Exhibit A: You need to know how to package Hypocrisy &#8211; ahem Compartmentalization &#8211; to become a superpower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this blog post, we&#8217;ll feature ten contradictions \/ ironies \/ disconnects aka #GoFigure. 1. Trend driving Tech: Go from CAPEX to OPEX. Trend driving Solar: Go from OPEX to CAPEX. It&#8217;s amazing how these two contradictory trends can coexist in the same company at the same time e.g. IT seeks CxO approval for going &#8230; <a title=\"Go Figure: Contradictions &#8211; Part 1\" class=\"read-more\" href=\"https:\/\/gtm360.com\/blog\/2023\/04\/13\/go-figure-contradictions-part-1\/\" aria-label=\"Read more about Go Figure: Contradictions &#8211; Part 1\">Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":10830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mandatory-category"],"_links":{"self":[{"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/posts\/8874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/comments?post=8874"}],"version-history":[{"count":14,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/posts\/8874\/revisions"}],"predecessor-version":[{"id":10861,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/posts\/8874\/revisions\/10861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/media\/10830"}],"wp:attachment":[{"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/media?parent=8874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/categories?post=8874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm360.com\/blog\/wp-json\/wp\/v2\/tags?post=8874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}