3min chapter

The Network State Podcast cover image

#5 - India's Largest Exit

The Network State Podcast

CHAPTER

The Impact of Facebook on the Indian Tech Ecosystem

Today, I think one or two phones sold in India sold online. The thing that's interesting about that is basically I remember, so this is something that happened around 2013, 2014, the whole free basics thing. And what's interesting was at the time the Indian tech ecosystem resisted this because it was all going to get centralized through Facebook. It looks like absolutely the right decision from 10 years later. Now the whole thing is not choke pointed. Because you just cut out all the steps and sort of all the innovations in the system. So I always say going direct. Yeah. Awesome.

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