A good starting pack - https://youtu.be/zCTm1wHcfkI?si=vQjavHItqt12GF9H

Product Manager

As we can see only 35% 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...

Welcome to Personal Finance's Private Community

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.. investors ab bhi Paisa lagaye chale Jaa rhe hai .. 
Why ????????

Loss making startup

Loss making startup- Grapevine

Welcome to Indian Startups's Private Community

Might be a good bet to filter out the ones with good culture, and apply there if you want a somewhat safe but growing career.
Does anybody know startups here with good culture?

The list that truly matters. India's unicorns sorted by profit in FY22.

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.

Want to join startup

Software Developer

1 year back all startups were losing money like crazy while all of a sudden everyone from Swiggy to Meesho to Unacademy are profitable or EBITDA positive.
Other companies which were profitable earlier have not shown a spike in profit.

Were these companies uselessly burning money earlier if they can just suddenly become profitable in 6-8 months

Profitable startups

VC funding based on revenue multiples and profit (😂😂😂) multiples is soon going to be obsolete. 

Common sense says company's valuation should be summation of yearly profits it can generate till the company exists... 

So if reliance has profit of 8 billion $ , market estimates that it's valuation should be around 25x multiple of its profit that is to say that if reliance keeps on generating same amount of profit for year on year, it will not exist after 25 years.

Now tell me, what shelf live does these VC funded startup have?

I honestly don't see all these tom dick and Harry mobile based and web based startups existing by end of this decade thanks to AI revolution.

People are still oblivion to what AI will do to white collar jobs 



Just out of curiosity, is there any single VC funded Indian startup in last 10-15 years which is immensely profitable ? 

Or for that matter any global giants like Amazon, Uber, Airbnb etc. which has turned profitable in Indian territory?

Future of VC funded mobile and web based startups

Software Engineer

https://www.google.com/amp/s/m.economictimes.com/tech/technology/flipkart-india-logs-9-revenue-growth-at-rs-55823-crore-losses-widen-by-42/amp_articleshow/104644333.cms

Flipkart losses widen by 42% to Rs 4,845.7 crore. Total loss of Flipkart  since inception now amounts to Rs. 12,600 crore. And we are talking about  the flag bearer of India's success story 's performance in 16th year since its inception

After 16 years of existence should we still call Flipkart a startup?

Sales Manager

Just an intersting data point. There are about 400 odd startups who raised at least 50m since 2010. Less than 20% are profitable.

Startups are not criticised for making losses. They sre criticised for making losses having raised insane capital at insane Valuation

Business Analyst

Few months ago, mama earth CEO compared it's losses with Amazon saying, "Amazon too made losses". Now Firstcry is IPO bound with their losses being 6x in 2023 and also justifoed it. 

Amazon made a loss Because they  invested all their profits into R&D

Most startups are making a loss because they are selling products at a discount to show high GMV

Both are not same... 

I am yet to see a single big success story in India startup ecosystem which justifies 'India has arrived' and so much VC's exuberance .

Many IPO bound founders justify their loss by comparing with Amazon. Amazon made a loss Because they  invested all their profits into R&D

Most startups are making a loss because they are selling products at a discount to show high GMV

Third Wave has only 1 year of runway left, with 70% of it's outlets being loss making 🤯

When you compete to serve the top 1% of India, obviously it will end up in losses

Category Manager

Corporate Strategist

Welcome to Office Gossip's Private Community

- Most VCs are fraud, they never make any money and keep shifting from one fund to another to hide that they never made anyone any money. 
They also have usually no real input to add. 
They are no subject matter except negotiations which too mostly they just prey upon any founders. 

It's a thankless asset class. Most founders will always hate it as they will never get a dollar and most investors hate it as they will never net a dollar. 

Never chase VC, they are supposed to find opportunity .. Chasing them is useless, they judge you for it. 
So treat them from first day like your ex. Gf/bf. 

- Most tech startup founders are fraud,  they never make any money and keep shifting from one idea to another to hide they never made anyone any money. 
it usually takes 20 years to make a real $100 million dollar revenue company, but 20 months to be a unicorn. 
Any unicorn today is priced according to what they would make after 5-10 years... Yeah right. 

- Making real money is hard. Making fake money is easy. 
99% of startup Esops are fraud
If the company is homerun, then they won't get you stock easy. 
If the company is maybe homerun, they won't give you cash easily. 
If you get free cash and esops, just imagine it's an 18 month project. 

- Most of the humblebrags are fraud as half of them don't even understand the fine print of what they think is real money but not. 

- Most of the people who usually ask for change have no intention for it. They want to be seen as leaders, change is hard, negotiated and cried for. 

- you only live once. Go hard.. No one like people who have too much to talk but nothing to show.

Some observations after 10+ years of being in the system

I got into stocks like Zomato and Paytm when they IPOd expecting for them to rally up as many people did (I assume).

Will tech stocks recover?

Welcome to Software Engineers's Private Community

I am currently working at a startup for 1.5 years now and wants to switch. If swiggy has an opening , is it a good place to work at ? Also how’s the pay there ? But good work culture is more important for me.

How is work culture at swiggy ? And how is the learning opportunities for a software developer ?

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 year with talent going cheap due to all the layoffs.

Very hard to think how to monetise B2C if people don’t even link their credit or debit cards with Apple Pay and Android for in-app purchases. Also for B2B Saas, it’s better to build for US from India than building for India.

Just “profit” over growth now. Nothing else matters 💭

Had a chat with a Unicorn Founder

Founder

Picture speaks a thousand words

Looks like Zomato is at it again - quarterly layoffs (pun intended). Have come to know from a current employee that they are firing people with great skill set and work only because they are at a higher CTC and are replacing older folks with new freshers at a lower pay. Zomato never fails to surprise.

Layoffs at Zomato!

Project Manager

Name the startups makes 1000 Cr profit per year?

Investor

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

Loss making startup

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