Hi everyone, welcome to the A6 and Z podcast. I'm Sonal, and today we're talking about India and China. And we have two partners from Andrewson Horowitz joining us for this discussion. We have Connie Chan, who is a partner in the investing team and she covers all things China for the firm. And we have Anu Hari Hurran, who is a partner in the deal and investing team and covers marketplaces, e-commerce, and a bunch of other areas.

India-in-Tenna is obviously a really huge topic.

So we're talking about everything from the nature of the competition that's playing out there right now, whether global players have an advantage or do local players truly have an advantage.

We're talking about logistics and infrastructure.

We're talking about the talent landscape, both locally and beyond, and whether that even matters, given the permeable boundaries between borders, and so much more. So we're just going to get started.

What do you think are some of the biggest misconceptions that people have when it comes to thinking about China and India?

At least from what I've heard in the venture capital community in Asia,

India is a fascinating place to me because I have a whole group of investors who think India is

the next China and they believe that that wave is starting right now and they're eager to deploy

money. And then I have a whole other camp of investors and advisors who are saying, oh, no, it's

much longer.

There are far bigger differences than you realize. And just because they're both countries that

have massive populations doesn't mean that they're similar. So I agree with you. I think there

are a ton of misconceptions out there about India, in particular how it compares to China.

Yeah. And I think, you know, not just in comparison to China, the other misconception

I have seen is also that, you know, a lot of the companies are easily classified as clones

of U.S. companies.

You know, you almost start seeing things like, oh, is this the Amazon of India?

Is this the Uber of India?

And, you know, they may not be completely

wrong in saying that, but I do think there's a lot of elements in execution that's quite

different and local to those markets that's very different from the U.S. So it's not necessary

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