Comment a startup's name, I'll share if it's promising or whatever I know

Their story is extremely respected. Only player in it's space at that scale, and to pull off an operational business that was considered impossible. They recently turned profitable as well. I think an IPO is in view in 2 years?

I've heard culture is extremely aggressive. But great alums who have become founders.

Overvalued and employees who have joined in the last 3-4 years have made little to no money. Current revenues will not fly in public markets and major consumption centres are already tapped into. International market experiments (with Australia for example) haven’t gone well.

Agree with the fact that they’re respected to have still pulled of such a services heavy model. Ultimately the quality of business and its valuation are too different things, but an employee or investor needs to be mindful of both.

Zomato Leading everything. Better scale in both Food as well as Grocery. Better margins. Already went through the IPO process (which would be incredibly taxing). I think it is a once in a decade company, if Blinkit actually hits expectations, which it should. Long on Zomato

Swiggy Not too far behind. Have always been better at product. I think less aggressive hence trailing. But heard very good things about founders and overall a strong team. They're 48 if Zomato is 52, that's how its been. I would invest in Swiggy too when they do ipo

Pathetic culture here for employees...you must be aware of that that as well for Swiggy. What strong team and founders?. Hiring standards dropped a lot...recruiting ASDEs and all. Good ones..they pip and lay off continuously....the so called good boss doesn't give a damn. Pure showoff going on. On the basis of which sources/figures you came on such conclusions here?.
Might be good for vp and all given the money they get and work they do here (assuming you get and info from them, jk 😂)

Tremendous feedback on Aadit. Tbh, even at Seed stage many VCs would sing high praises about him.

They've out executed, but building Zepto out despite the presence of Blinkit and IM. Only Nexus invested, because everybody else assumed QC wouldn't work in India, because it doesnt work in the west. Lack of balls.

I don't think they'll catch up to Blinkit/IM ever, but still such a nice outcome.

Tell something more about the skills Aadit has that makes him have tremendous feedbacks and high praises. Why is he good and how is he different?

Don't know if the things being said are true. Leadership exits are true clearly. All cards players are impacted by recent guidelines. I'd say it's not a good time to join them

But do you think they will eventually prevail or dukaan bandh?

As a user, been here for a long time, and continue to use it so that's there. It continues to be discussed in my circles too I think it's very tough to build in the social space, so let us wait and see

If you can send me 50K first, I'll be able to send 5.5L back.

I feel like what's happening isn't correct. Of all the founders, VSS has always been praised the most. From what I have seen, the man is really something.

Unfortunate what's unfolding now. Read that there are layoffs happening, quite sad. If Paytm goes down only because RBI was hard on them, it would be sad.

I feel the RBI action might be a blessing in disguise for Paytm to trim the workforce and control the costs due to the generous amount of ESOPs provided. The next 2 quarters might not good in terms of results, but the employee costs would be the key metrics to watch for. They would be focusing more on simply acting as a DSA, which is less revenue generating but is without any FLDG risks with the collection commission model.

Another very tough business to execute, probably the only team and founders who could have done it. It is no joke to build for this TG and be 1/4th the size of Amazon & Flipkart in terms of GMV.

Commission (revenue) is lesser vs. Amazon FK though. An IPO is in sight in 1-2 years. Senior folks keep exiting. Path to IPO will be very tough due to the space they're in. But hope they make it!

Dark Horse: If they successfully spin off delivery arm similar to how Firstcry did with Xpressbees

I still don’t get the model. Somehow it’s artiya business for individuals, the best I could understand. But always keen to understand more.

My view here

1. something that’s inflated with off the book orders being booked on Meesho(jugaad) while Meesho burns money to support GMV Or
2. somehow FK/Amazon couldn’t crack low ATS(INR 500) products

What’s your view?

To be honest, before I never understood it myself, and I'll admit that I don't undestand their space as well

That said, I have lately heard very good things since they got into lending. Seems like it could eventually be a low margin business but with great volume, owing to the brand and platform they have built.

I am not bearish, somehow

Recently became a unicorn. Great company. Good product org.

They're far ahead in the consumer facing logistics play of anyone else. Bullish on Porter honestly.