Zerodha co-founder Nikhil Kamath took to social media to share his thoughts on changing sports interests among the youth. He reminisced about the days when cricket was a unifying force, but noted that today’s kids seem to be more interested in other sports and activities.
Kamath’s post prompted discussions about the factors contributing to this shift. Some users pointed to the proliferation of multiple entertainment options, including video games, football, and basketball, which offer unique and fast-paced formats. Others emphasized the growing availability of streaming services and the convenience of digital entertainment.
Meanwhile, users also raised concerns about the potential impact of this trend on cricket franchises. Kamath questioned whether cricket franchises are fully priced in and if investing in them at current valuations would be a wise decision.
One user, Prakash R, expressed his growing attachment to his local cricket team, CSK, over the national team. He suggested that fans are gravitating towards city-based franchises, similar to the trend seen in the US and UK.
Another user, Raghav Bansal, highlighted the availability of cheap dopamine hits from various entertainment sources. He believes this is leading to a shift away from spending large amounts of time on traditional sports like cricket.
Despite the decline in traditional sports enthusiasm, some users still value the nostalgia and memories associated with them. However, they acknowledge the evolution of entertainment options and the need to adapt to changing preferences.