Phillip Capital note on #Prajindustries

1/ Stolen from the greatawakening(DOT)win...

I will only be making one post here. Do not ask who I am. Do with this information as you please.

The Trump Card is being played. It's much simpler than you all realize. Some of you have gotten it right.

TILAK:AN AGE OLD PRACTICE OF HINDUS

The beautiful Matribhumi of Bharat is the land of many religions &cultures but its Hinduism with which the world identifies this great Nation. Hinduism is the religion with science at its heart &its also a religion of many rituals &traditions.

Today we will talk about a very prominent and noticeable Mark on the foreheads of #Hindus called 'Tilak'. Tilaks are of different designs and colors. It symbolizes different meanings for different people such as religious expression, spiritual symbol, marital status etc.

Tilak is a very alluring design that is made in between the eyebrows. Vermilion, Chandan, Turmeric, Kumkum, Rice and Rice water, Vibhuti etc can all be used as Tilaks.
Why this particular spot is used for Tilak? Bcoz, it is mentioned as 'Ajna Chakra' in terms of yoga.

This chakra is the sixth & most important chakra of the human body. It's the junction where the highest number of neurons meet & is described as most important and sensitive spot in the human body.Different #Hindu traditions use different shapes and ingredients to make the Tilak.

SPIRITUAL SIGNIFICANCE

Various Hindu Scriptures mention the importance of Tilak in Sanatan Dharma. It is believed that energy, strength and divinity comes to those who apply Tilak. It is also regarded as a welcoming expression and to honour the guests when they arrive.

If there is one thing I have learned it is that people love bullshit. They buy bullshit stories from professional bullshit artists, accept bullshit philosophies, purchase bullshit how-to-books, vote for bullshitting politicians.

At first, I resisted believing this because it is illogical and dumb and frankly, doesn't reflect well on the human race of which I am a member (and thus have long been hopeful that it is more of a distinction than it actually turns out to be.)

But if you actually are interested in facts you begin to notice how little most people care for them. Sometimes it is because they are heard to learn and bullshit is so much more widely and easily available. Sometimes it is because facts make them uncomfortable about themselves.

Sometimes it is because just one tiny fact will upset a whole worldview that has grown as comfortable as an overstuffed chair. (Settling into such worldviews is a lot like settling into chairs like that because the longer you're there and the deeper you sink...

...the harder it is to hoist yourself up and out of your fat-assed intellectual laziness.) But I actually think the reason people have such an appetite for bullshit goes deeper, goes to an aspect of ourselves we just can't accept.

1/ I am seeing more and more founder secondary in venture rounds (Secondary = founders selling some of their shares before some other shareholders are able). Series B-D. I see both as an investor and through entrepreneur circles.

2/ I like secondary for entrepreneurs. Moderation is key but in a lot of situations I think it helps accelerate the co. Lots of very smart investors disagree. Here are my thoughts.

3/ Magnitude: My basic rule of thumb from what I see is market is 4+ yrs and up to 10% of founder’s equity stake with some $ cap that makes sense given stage etc. (typically <$10m)

4/ The entrepreneurial journey is brutally hard. Giving some financial relief helps remove one piece of pressure. I don’t think that secondary in the magnitude mentioned impacts the drive/persistence of great entrepreneurs.

5/ That secondary means they will be able to just sleep knowing they can pay their kids’ tuition. Secondary will make most founders better at their jobs, thus accelerating the co.