First Principle Thinking for Success and Innovation | Riddhi Mittal | TEDxNMIMSBangalore

With the world confined in the shackles of mental blocks and restraints,
there's a need to push aside the dilemma and dubiety to create new
possibilities. Be it the existing system or manifesting new ones, let's widen
our solution space.

Riddhi Mittal, co-founder Finomena, a fin-tech startup based out of
Bangalore, talks about the transformation of the banking system and how
first principle thinking can actually help move in that direction. A student at
Stanford, the massive gap in access to credit in ourcountry really moved
her, and she decided to come back to India and use her product-first,
tech-first, data-first (ML and AI) and customer-first thinking to make credit
accessible to over 80 crore deprived Indians.

This talk was given at a TEDx event using the TED conference format but
independently organized by a local community.

Riddhi Mittal is one of the co-founders of Finomena - a fin-tech startup based in Bangalore. She first went for a Stanford University undergrad and Masters in Computer Science, and then worked at places like Facebook (built GraphSearch from scratch), Mohr Davidow Ventures ($700 VC fund) and was also the youngest PM on Microsoft HoloLens (leading a team of 8 people). She is driven by the sheer impact sensible technology has the potential of having on millions of people's lives.

The massive gap in access to credit in our country really moved her, and she decided to come back to India and use her product-first, tech-first, data-first (ML and AI) and customer-first thinking to make credit accessible to over 80 crore deprived Indians. Through Finomena, they give out small ticket size loans to let you buy anything you want, and pay later in Flexible Monthly Instalments (FMIs).

[aakash]

She speaks everything except first principal thinking

[r.k.]

She is very happy because she is delivering a ted talk.
Some people will finally listen to her for 15 mins at least.

[viswanathr]

No presentation and was more as a motivational talk and less on first principles..

[devsk]

Made me more confused after seeing it. No stuff or content.

[Daya-vcgy]

Can you share the full video with the slides and without cuts ?

[michaelbrook]

No mention of first principles thinking...

[i_am_vengeance_kumar]

Wanna be genius, nothing to learn here...

[vinodtrivedi]

This is a very bad copy of wannabe intellectual insect who thinks who become genius by reading internet article.

[simranarora]

Discussed nothing about first principles thinking

[joshuawilson]

It seems like there are cuts in the video and it makes the entire talk feel like information is missing.

[honnashankara]

I think if you'd shown us the slides too, it would have been much more helpful.

[pyushchauvey]

Camera man has fixed his camera at one place and looking at madam

[shivamahadeva]

How this is first principles thinking? More confusing than relieving. Admin please change the title, it may devalue tedx value

[MansSuperPower]

Stop bashing the young lady in the comments. She’s young, educated, and excited about possibilities. Yes, she said nothing about “First Principles”, but she shares some insights about the usual topics of the success. She has her place in the world and she’s gone to TED. That alone, is to be respected.

[RenuSingh-bjzb]

So going by the principal thinking...At 14 years she was in grade 11...this sums into that she started going to school the day she was born...I don't know much about American education system but in our India it starts from nursery, lkg,ukg,and continues ..so at 14 years she was in grade 11....11+3=14.

[rishi]

Mute the voice..it seems like she is telling about her boyfriend among her friends

[fsix]

hahahah she is toooo happy i start laughing. cant take her seriously

[yashgulave]

I think that some of the bureaucracy of the government has seeped into the Indian parents as well. 😅 They don't just want you to do what they want, they also want you to do it using their old, outdated way. It's 'my way or the highway' for them.

[rajinderrawat]

She s not getting to the real point I think she doesn't know wat first principles is it's complicated to explain this type of thinking with examples she going all different tangents in topics but she doesn't explain first principles

[mchinnyc]

She asks: are you regarded?

Come on. You can do better.