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Bipin Preet Singh
@BipinSingh
CEO Building Fintech for 500M Indians
Financial ServicesGurgaonmobikwik.comJoined November 2008

Bipin Preet Singh’s Tweets

Amazing honest story that more founders should share !
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1/ This is the story of how we built something from nothing, scaled it up with a lot of user love, and 18 months later, shut everything down. Not all startups shut down because they run out of money. Sometimes, what made sense once just stops making sense. This is THAT story.
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Haha speaks to the mind of our startups looking to hack the next 12-18 months. How did we get here ?
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In my Bangalore trip recently, many founders asked me -how long will the current flavor of the season last where folks are looking for profitability over growth. My answer to that is: Build a sustainable business for the long term - that will be of value in every season.
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In person meetings with clear agenda and points to discuss and ending with clear action items result in quickest progress. Imagine discussing 50/50 points on email - threads will never end.
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Meetings are a bug. Today, we shipped a fix to this bug at @Shopify. To start 2023, we're cancelling all Shopify meetings with more than two people. Let's give people back their maker time. Companies are for builders. Not managers. forbes.com/sites/jenamcgr
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Looking forward to speak at the exciting IGF forum in Dubai, UAE Dec 13 on the immense potential of Fintech. #fintech #igf2022 #Dubai #indianeconomy #india #startup #mena #GCC #IGFUAE
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Explore the future of Fintech @UpasanaTaku, Chairperson, Co-Founder & COO, @MobiKwik at #IGFUAE. Hear what she has to say. One day to go! Register now: indiaglobalforum.com/dubai-2022/Boo
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At least Elon’s got the focus back on basics : cost and tech. Before you can do fancy things as a tech entreprenuer fix these.
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Btw, I’d like to apologize for Twitter being super slow in many countries. App is doing >1000 poorly batched RPCs just to render a home timeline!
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The late stage CEO role is deeply misunderstood by founders. That’s why you see founder CEOs “solving problems” with engineers, “obsessing over product”, or compulsively reorganizing their company. Unfortunately there’s only a tiny contingent of people who can guide you.
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Harsh Truth : Its very difficult (impossible nearly) to change a startup DNA overnight. This includes everyone who thinks they can become profitable quickly by cutting cost.
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Mumbai needs a better and more capable infra. This is insane risk-taking just for going from Point A to B.
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#WATCH | Mumbai: Two jawans of the Crime Wing of RPF (Railway Protection Force) saved the lives of a woman and her child who fell off a moving local train due to the jostling of passengers after they boarded it at Mankhurd Railway Station. (Source: RPF)
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Sad day to reinforce this - physical as important as digital. Maybe we need an RBI for physical infra.
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Thought for today : If only as a country we focused as much on physical infrastructure as we are investing in digital infrastructure, India would grow faster with a significant improvement in quality of life.
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If people stop taking loans, companies that make goods can’t sell enough to make profits that will move their stock price upwards, not to mention the entire financial sector will decline. Real economy wouldn’t grow without credit.
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What Gen Z & even millennials don't think about enough is that the retirement age is dropping fast due to technological progress & life expectancy going up due to medical progress. In 20 years, retirement could be at 50 & life expectancy at 80. How do you fund the 30 years? 1/5
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An idea : Autos are a public utility. Like UPI, there should be zero charges and profit should be based on cross-sell.
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Banning of ola/Uber/rapido auto is a sign that governments are not ready for free market pricing of flag down transportation. Autos get their licenses to ferry people at govt dictated rates so it's not a free market for them at all by design.
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