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In this conversation, we sit down with Carl Pei, founder of Nothing, to talk about how he built a phone company from scratch in a hypercompetitive market like India. We get into how Nothing stood out not by having the biggest budget but by noticing a simple thing: all the big brands were trying to sell to everyone, which meant nobody was really selling to anyone specific.Uploaded 21-03-26We then go deep on how a phone actually gets made, from deciding what the product stands for to managing hundreds of supplier relationships, keeping cash from getting stuck in inventory, and shipping on time when delays cost millions. Carl also talks about where Nothing is headed with AI, what Essential Apps is really pointing toward, and why he thinks the entire idea of an operating system is going to change completely within the next few years.We then wrap up by talking about people and culture, why Carl brought everyone back to the office five days a week, what that did to the quality of hiring, and what he thinks the next few years mean for software engineers who are not actively paying attention. If you’re someone who wants to understand how a hardware startup actually competes, how Carl thinks about building for the long term, and where phones and AI are headed, this episode is absolutely worth your time.00:00 – Introduction02:16 – Breaking into a commodity market05:08 – How Nothing plans to be uncopyable06:25 – Beyond vibe coding07:50 – The way we build software has changed09:25 – The process of phone manufacturing15:04 – Distribution strategy21:50 – Why Nothing opened a physical store25:32 – Nothing's content playbook29:34 – First hires are never your best hires35:27 – Carl Pei's learnings41:19 – The OS that makes apps obsolete46:50 – Closing Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices