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WTF Podcast Puts Nikhil Kamath’s $1,000 Start Beside Ruchir Sharma’s $100,000 Break

A widely shared podcast exchange contrasts their origins, underscoring Sharma’s warning that India’s pace may stay near 6% without deeper reforms.

Overview

  • Most outlets report Kamath recalled earning $1,000 at a Bengaluru call centre early in his career, while Business Today quoted the figure as $1,000 a month, a discrepancy not resolved in current coverage.
  • Sharma said Morgan Stanley offered him $100,000 a year in 1996 at age 22, prompting him to choose the job over a planned PhD.
  • Kamath described night shifts at a firm called 24/7 in the early 2000s as a modest but formative start before co‑founding Zerodha.
  • Sharma argued India is unlikely to grow much beyond about 6% without structural reforms and projected manufacturing as the next major source of wealth creation.
  • Newer write-ups, including News18 on Sept. 26, extend the discussion into macro themes, with Indian Express also citing Sharma’s view that recent US equity strength leans heavily on AI-linked stocks.