Kunal Shah in conversation with Carl Pei | CRED curious

Ғылым және технология

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
    @AkshatZayn Жыл бұрын

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

  • @coolbro4230

    @coolbro4230

    Жыл бұрын

    Yep 😄

  • @RishabKapadia

    @RishabKapadia

    Жыл бұрын

    Good to see you here Akshat. 😄

  • @abhishekkaushal327

    @abhishekkaushal327

    Жыл бұрын

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

  • @ShreyashPatil1811

    @ShreyashPatil1811

    Жыл бұрын

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

  • @kunalpatil442

    @kunalpatil442

    Жыл бұрын

    Thank u 😂

  • @namaskarprasad
    @namaskarprasad Жыл бұрын

    Worth watching this podcast 💣

  • @engineering-informationtra3588

    @engineering-informationtra3588

    Жыл бұрын

    YoU provide great content sir

  • @krbrijmohan

    @krbrijmohan

    Жыл бұрын

    Thank you for suggestion❤

  • @saheem91

    @saheem91

    Жыл бұрын

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

  • @tydical

    @tydical

    Жыл бұрын

    fireside chat* XD

  • @Sidwarrier
    @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

    @playback0799

    Жыл бұрын

    Just a little too serious 😂

  • @zhinkunakur4751

    @zhinkunakur4751

    Жыл бұрын

    @@playback0799 serious is good

  • @sanknoor

    @sanknoor

    Жыл бұрын

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

  • @shikharbhadauria954

    @shikharbhadauria954

    Жыл бұрын

    @Shaurya Singh I think he mispelled "Sid"

  • @devpreneur7735
    @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

    @reginthalamahesh7432

    Жыл бұрын

    Bhai, Thu ithana Kaam kyu kia bhai?🙏

  • @JP-bm3yf

    @JP-bm3yf

    Жыл бұрын

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

  • @Moonlight-lu3tk

    @Moonlight-lu3tk

    Жыл бұрын

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

  • @satya982k

    @satya982k

    Жыл бұрын

    MOM 😂

  • @anshumanxda

    @anshumanxda

    Жыл бұрын

    2:46

  • @anshumanfinance
    @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

    @curious_one1156

    Жыл бұрын

    and is it different in US ?

  • @sankhuz

    @sankhuz

    Жыл бұрын

    Yeah

  • @magicmagus1459

    @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

    @Moonlight-sj7qc

    Жыл бұрын

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

  • @AmritenduRana31082000

    @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.

  • @IshanSharma7390
    @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.

  • @sarathipaul7909
    @sarathipaul7909 Жыл бұрын

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

  • @Souravkarmakar.5
    @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

    @adamirfan6986

    Жыл бұрын

    I only love Carl Pei..

  • @thebibekshah
    @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.

  • @avichanodia6998
    @avichanodia6998 Жыл бұрын

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

  • @nareshmeetei
    @nareshmeetei Жыл бұрын

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

  • @amazonindia9264
    @amazonindia9264 Жыл бұрын

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

  • @himanshujain2278
    @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.

  • @itspiyushagrawal
    @itspiyushagrawal Жыл бұрын

    Really insightful conversation, incredible lessons to learn.

  • @fella-bikram
    @fella-bikram Жыл бұрын

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

  • @tusharmehta2511
    @tusharmehta2511 Жыл бұрын

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

  • @Parthgrg
    @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.

  • @muks59
    @muks59 Жыл бұрын

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

  • @dakshjain1388
    @dakshjain1388 Жыл бұрын

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

  • @ruchirpandya8403
    @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.

  • @Vijay_sahni
    @Vijay_sahni Жыл бұрын

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

  • @SindhuBiswal
    @SindhuBiswal Жыл бұрын

    Thanks for doing this. Making notes already!

  • @shane_kangzang
    @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!

  • @williamikennanwosu
    @williamikennanwosu11 ай бұрын

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

  • @NitinJ_rvce
    @NitinJ_rvce Жыл бұрын

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

  • @modikrunal5374
    @modikrunal5374 Жыл бұрын

    Thanks for adding English subtitles 🙂

  • @vishrutvatsa
    @vishrutvatsa Жыл бұрын

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

  • @ratuldas4347
    @ratuldas4347 Жыл бұрын

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

  • @ShitToSociety
    @ShitToSociety Жыл бұрын

    I'm the CEO of Nothing

  • @surajjjjjjjjjjjjjjjjjjj

    @surajjjjjjjjjjjjjjjjjjj

    6 ай бұрын

    and I'm the SEO

  • @krishanuchowdhury6768

    @krishanuchowdhury6768

    3 ай бұрын

    I am ceo of apple

  • @ShauryaIsSnipc

    @ShauryaIsSnipc

    2 ай бұрын

    you didn't get the joke

  • @justapplepi3

    @justapplepi3

    Ай бұрын

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

  • @GADGETSONEMALAYALAMTECHTIPS
    @GADGETSONEMALAYALAMTECHTIPS Жыл бұрын

    Great Interview...

  • @rahuljanagouda
    @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...

  • @archisha249
    @archisha249 Жыл бұрын

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

  • @sureshnishtala2887
    @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

  • @PrateekMishraplus
    @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 😁

  • @qwertyxdk
    @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.

  • @ahwork
    @ahwork3 ай бұрын

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

  • @m.skumar9368
    @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...🖤

  • @manya7989
    @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.

  • @legalbulldog7047
    @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

    @jacure123

    Жыл бұрын

    Wish the phone was in America.

  • @itsahmedbasha
    @itsahmedbasha Жыл бұрын

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

  • @webservice8156
    @webservice8156 Жыл бұрын

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

  • @blwbisht
    @blwbisht Жыл бұрын

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

  • @adityaraj.obsession
    @adityaraj.obsession Жыл бұрын

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

  • @ramratansinghi8661
    @ramratansinghi8661 Жыл бұрын

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

  • @anjalisomani4573
    @anjalisomani4573 Жыл бұрын

    absolutely loveeeeed the conversation!

  • @firstprinciples994
    @firstprinciples994 Жыл бұрын

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

  • @AnkitG12
    @AnkitG128 ай бұрын

    Another great conversation .Lesson- Be fundamentally strong.

  • @Jashandeep
    @Jashandeep Жыл бұрын

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

  • @mihiryadav5883
    @mihiryadav5883 Жыл бұрын

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

  • @abhishekarya5646
    @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

    @AmritR32

    Жыл бұрын

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

  • @abhishekarya5646

    @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

    @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

    @suyogchandak2340

    Жыл бұрын

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

  • @BallyBoy95

    @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?

  • @arunprasad5127
    @arunprasad5127 Жыл бұрын

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

  • @kendricknrapthap6827
    @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.

  • @EEEbrahim3971
    @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.

  • @HELMETDUDE
    @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.

  • @sankhuz
    @sankhuz Жыл бұрын

    Now this is the type of content we need

  • @sandeshrnayak
    @sandeshrnayak Жыл бұрын

    Very insightful! Loved this one! ❤️

  • @sarothsundar
    @sarothsundar Жыл бұрын

    Carl simply nailed the interview, liked the way he answered

  • @debratbandyopadhyay8860
    @debratbandyopadhyay8860 Жыл бұрын

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

  • @paritosh-sharma-storyman
    @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

    @Kayash_Kino

    Жыл бұрын

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

  • @atabhijeetjoshi
    @atabhijeetjoshi Жыл бұрын

    Insightful conversation. Loved it!

  • @jeninsolomon
    @jeninsolomon Жыл бұрын

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

  • @samridhsingh2064
    @samridhsingh2064 Жыл бұрын

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

  • @thinkbig855
    @thinkbig855 Жыл бұрын

    Learned a lot thank you for this session

  • @molyoxide8358
    @molyoxide8358 Жыл бұрын

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

  • @prashantbc9635
    @prashantbc9635 Жыл бұрын

    Insightful one word for this talk. Loved the nothing talk

  • @PoshakDua
    @PoshakDua Жыл бұрын

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

  • @shravan18
    @shravan18 Жыл бұрын

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

  • @gouthu987

    @gouthu987

    Жыл бұрын

    Where was this held?? Mumbai

  • @Kayash_Kino

    @Kayash_Kino

    Жыл бұрын

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

  • @GanpatiRam
    @GanpatiRam Жыл бұрын

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

  • @justapplepi3
    @justapplepi3Ай бұрын

    I also like that he explained it very well about hype i mean so many people say that nothing overhype their products

  • @devadatta1417
    @devadatta1417 Жыл бұрын

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

  • @VinitDeshmukh
    @VinitDeshmukh Жыл бұрын

    What an insightful conversation 🙌

  • @atharvakulkarnii
    @atharvakulkarnii Жыл бұрын

    Seeing my HERO'S together makes me happy

  • @ManasaSahithi-ro1uc
    @ManasaSahithi-ro1uc Жыл бұрын

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

  • @NamanPatel0
    @NamanPatel0 Жыл бұрын

    the podcast I didn't knew I needed

  • @theakshatsengarr
    @theakshatsengarr Жыл бұрын

    Loved the episode 👍

  • @hapoob
    @hapoob Жыл бұрын

    Satisfied with lot's of answer!!

  • @the_winningsecret
    @the_winningsecret Жыл бұрын

    Always Insightful podcast with kunal shah.

  • @Azmarine13
    @Azmarine13 Жыл бұрын

    Learned soo much!

  • @syedsuhail4736
    @syedsuhail4736 Жыл бұрын

    I always love to listen kunal shah... ❤

  • @VibsTech
    @VibsTech Жыл бұрын

    Insightful, worth watching!

  • @anumitadasgupta8051
    @anumitadasgupta8051 Жыл бұрын

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

  • @devadatta1417
    @devadatta1417 Жыл бұрын

    validation from other people is a disease...because no matter how good and great u perform...there will b so many people who will definitely judge you without analysing anything....so it is better not to crave for a positive feedback from other people and just focus on improving ourselves....and having random curiosity is also very very important because first thing is we dont get bored of doing the same task again and again and second thing is random curiosity increase the understanding levels and will definitely help in connecting the dots.

  • @Captain_SJ
    @Captain_SJ Жыл бұрын

    Two of my favourite entrepreneurs in the world I one podcast 🔥🔥🔥

  • @omthakkar7801

    @omthakkar7801

    Жыл бұрын

    Atleast profile photo toh kisi aur ka.mat uthao 😂🙏

  • @madhavsona8289
    @madhavsona8289 Жыл бұрын

    Brand purpose and value are the core identity of the brand. While marketing, positioning and business practices change the core remains fixed. That's what makes the brand.

  • @KavishuGoyal
    @KavishuGoyal Жыл бұрын

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

  • @ashishvardhan3089
    @ashishvardhan3089 Жыл бұрын

    This is what a conversation looks like.

  • @SachinChavan-gl5gw
    @SachinChavan-gl5gw Жыл бұрын

    Feels amazing when youtubers comments on the same comment box where you are active!

  • @adityasankannavar4559
    @adityasankannavar4559 Жыл бұрын

    Thank u soo much sir's ❤️

  • @JagdeepSingh-pe8gq
    @JagdeepSingh-pe8gq Жыл бұрын

    Waking up morning unable to sleep that hit me hard due to my current phase which is similar working in startup Agri-tech in Africa

  • @vey134
    @vey134 Жыл бұрын

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

  • @rajaramjain_multibrandstor3085
    @rajaramjain_multibrandstor3085 Жыл бұрын

    Am i dreaming?! 2 most intellectual person conversing 😍

  • @39avtar
    @39avtar Жыл бұрын

    Thisis the most efficient way to do podcast! Creator vs creator

  • @akk92278
    @akk92278 Жыл бұрын

    This podcast is gonna blow up

  • @flyingNarayan
    @flyingNarayan Жыл бұрын

    really great podcast .

  • @ShreyashPatil1811
    @ShreyashPatil1811 Жыл бұрын

    So now i get how kunal shah is getting these good memes and time to post them

  • @suyashuttam692
    @suyashuttam692 Жыл бұрын

    someone said great things comes from great person and here you proved that and the name cred curiosity is upto the point i have listened the beerbiceps podcast of carl pei and that feels so boring and this is dammn knowledgable and at last thnks kunal for doing this conversation🔥🔥🔥🔥

  • @CodeWithNiks101
    @CodeWithNiks101 Жыл бұрын

    It was good, worth watching!

  • @ashishhulsurkar2147
    @ashishhulsurkar2147 Жыл бұрын

    Watching this for second time🔥

  • @themoneylancer
    @themoneylancer Жыл бұрын

    Finally cred curious is back

  • @gauravm.
    @gauravm. Жыл бұрын

    So, very insightful.

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