SqueakyPickle
SqueakyPickle

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

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 .

11mo ago
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ZestyQuokka
ZestyQuokka

Mamaearth Mama posted a Merry Christmas with a Ferrari What kind of R&D is that

SwirlyTaco
SwirlyTaco
PayTM11mo

Abhi Ferrari aur fir baad me R&D rona karegi jab company doobegi

DizzyWalrus
DizzyWalrus
Student11mo

Founders?

GroovyBoba
GroovyBoba

Amazons losses were negligible compared to their revenue unlike these morons

GigglyNarwhal
GigglyNarwhal

Also, allegedly Amazon showed losses to prevent taxation, even though they were profitable.

CosmicLlama
CosmicLlama

Founders don't have a choice. Having raised funds or when trying to raise funds, a founder who says "we are fucked" won't be appreciated for honesty. When you want to catch the big fish you got to feed a bigger bait.

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Loss making startup

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...

Indian Startups

Zepto - I don't understand

Ab ho gya na fundraise? What's the point of saying these things now. You are not listed. You have already raised close to $1bn. It's not like this is bringing new customers. What's the point of all this PR now? Why not focus on executi...

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