Ashneer Grover believes that the youth in the US are more worldly and experienced than those in India who have been living "in a bubble". In a recently released podcast, the Third Unicorn founder and former Shark Tank India judge said
"We think that the youngsters in the US are naive. It's exactly the opposite. The current generation of youth in India has been living in a bubble," he told host Ishan Sharma, a 22-year-old college dropout in Bengaluru. "They live in gated societies with very little idea about how the world works beyond the gates. If they go out, they do so in chauffeur-driven cars. Their schools are also bubbles. The clubs formed in these schools offer chances for love marriage within the same strata of the society."
Grover further pointed out that as school students, there is immense pressure to perform well in school so that admission into a "good" college is guaranteed. "From Class 9 kids begin to prepare for colleges. How will they see or experience the world this way?"
The former Shark said that such youngsters would need about seven years in the professional world to fail, get betrayed, and learn from their mistakes for the bubble to finally burst. "They are very far away from how the country runs or the economy runs."
Ashneer Grover: 20 year olds in India are living in a bubble. pic.twitter.com/Y3BNy2IuYI— Ishan Sharma (@Ishansharma7390) July 17, 2024
'Hire fast, fire fast'
During the same podcast, Grover also revealed that he does not believe in lengthy hiring processes and notice periods as he believed everyone should follow the rule “hire fast, fire fast”. He said that companies spend too long in hiring a candidate and then they want to give the individual enough time to prove themselves. "This takes a lot of time," Ashneer Grover said.
“What’s happening currently is that you are investing a lot of time in hiring a person, you go through multiple rounds. The candidate is also, naturally, on his best behaviour. When a candidate comes to sell himself or pitch for himself, then the salesman in him is at its peak. At the end of the day, you will get to know whether he will work or not only after you give him his tasks,” he added.
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