The experience economy may feel perpetually stalled during the coronavirus pandemic, but Meow Wolf is betting on a quick recovery. The Santa Fe, New Mexico, arts collective, known for its psychedelic live events, is plowing ahead with its newest permanent installation—an interactive grocery store that blends narrative storytelling, technical wizardry, and commerce. … [Read more...] about Here’s a preview of Meow Wolf’s trippy new Las Vegas grocery store—fingers crossed for 2021
How to spend less on groceries
These lists can go on endlessly. Longer the list, the tougher the plan. Tougher the plan, the longer the time you need to accumulate the corpus. Longer the time needed, the more the sacrifices you need to make now. All this begs the question, what then is the real secret to financial independence? It is actually “contentment.” Contentment comes out of limiting your desires and living a minimalistic life (not necessarily that of a monk!). But think like a monk. This kind of thinking results in less baggage for you to manage through your life. Striking that balance between need and want is the prime determinant of your financial independence. It will eventually impact your work-life balance, which has surprising results on the need for premature retirement also! This is the spiritual angle to financial independence that in my view is as important as the financial angle. … [Read more...] about How much money do you really need to be financially independent?
Committees that have studied instances of deluge in Mumbai agree that a warmer atmosphere brought about by climate change will get Mumbai more rains in the future in fewer but more intense events. These vulnerabilities of Mumbai have largely been ignored in the past and huge amounts of construction in disregard of environmental safeguards have been on-going for decades, prompting a recent outburst from Ratan Tata against the ways of Mumbai builders. … [Read more...] about Seven reasons why Maharashtra should have a new capital
As a VC, you don’t normally sell good companies early, because you forfeit the long-term upside potential. But now we’re going through the sales process with a few, where the CEO is on board. The companies are strong, some are profitable, and though we’ll miss the chance that one might turn into a home run, we believe it’s best to bank the returns now as a safety net for the fund. Instead of swinging for the fences, we’re going for more doubles or triples: maybe a 3X return now instead of hoping for 50X later. … [Read more...] about How my VC fund is helping our companies survive the pandemic
For FY21 and FY22 also the company has planned to cut back on capex. Though the exact capex amount was not shared by the executives, Chief Financial Officer Gopal Mahadevan indicated that ‘capex for FY21 will be very tight and much lower than FY20’. … [Read more...] about Current phase is only an aberration: Dheeraj Hinduja, Chairman, Ashok Leyland