Everyone is raising questions about why startups are losing money so heavily
But on the other aspect, do people see that the sectors which are the highest loss making have become a crucial impact of our lives? Example Hospitality, Ed-Tech,Food Tech, Logistics and Ride hailing
Can we imagine our lives to go back where we were 10-12 years ago without such services?
I think the bigger game is going to be get more people to use the platform, make them high intent users and get them so used to to the platform that it becomes a necessity Hence I feel they are spending money to grab the audience and then build on it I am quite sure a lot of companies are going to fall, but that is how a the world of business behaves Would love to know thoughts
Factors:
For sure this is not best way but a good way to understand if the company is in the right direction.
As we can see only 3-5% Indian startups become profitable and rest of are still in the loss. But Cred , Zomato, Paytm and many more loss making companies are still in the market with tag of "Unicorn". Ye kaise possible ho paa rha hai.. i...
MNC worked but didn’t liked the culture. Thinking to work in a startup and hoping for a good culture. Work life balance can not always be good ik.
Uber , AirBnb , SWIGGY, Zomato etc are "Comission" or "Bicholia" Companies. Why do they keep losing money? They should make money even if they are to provide attractive offers to drivers/delivery guys etc
Is it because they spent too mu...
Was asking for some advice on fundraising. Got to know if you are building something with no revenue, literally impossible to raise.
He explained how hard it is even for the current founders and expecting 100s of startups to fail next y...