The myth of profitability

Are there any good YT videos, podcasts or articles which talks about how debt money or loans can make you rich if used wisely? We are always taught that debt/loans are bad and you should avoid taking it or should just repay it as soon as possible. Many rich people made money in the past using loan money at a lower interest rates and used that to grow their business or invested that money to generate higher returns than loan interest. P.S - please don't recommend books.

Whilst the Shark Tank S1 wave, a year ago, I got all excited and ended up investing in one of the companies listed on TYKE and purchased their CSOPs (Community Stock Options) The company since then has only incurred losses and I feel like I have to write off the amount. Anyone who has faced similar challenges/got a positive return from Tyke portfolios and how did you end up cashing them out.

Something I've found very frustrating while pitching to investors, platforms and funds is that so many of them actually just bait and switch. They pose like gyani people earnestly looking for investments or helping entrepreneurs, but when you speak to them they start selling you their services. Fundraise is apparently just a step away, need to signup here first, or create xyz report first, or do outreach to xyz number of people, or do market research and fresh pitch deck creation, or hire xyz consultant/agency to get to the "next level" - basically a bunch of barriers you need to pay to clear despite having a profitable business with paying customers. Fact of the matter is there are plenty of people raising money based off of pitch decks with no MVP , or even just the right conversations with the right people. But they are rare and hard to find organically. Requires lots of networking and connecting dots over months and years. The point is, this selling in the guise of securing investment is tiresome and a waste of time for most entrepreneurs. They probably do get a few suckers occasionally which helps them stay afloat I guess. Some of them might even take your ideas and start building something of their own or back someone to build it under them. Once you start pitching, the deck starts floating around in VC groups and networks mostly beyond the reach of the average entrepreneur. Considering all this, just keeping one's head down and bootstrapping forever in peace seems like a better approach.

Hey everyone, excited to be doing this AMA! A brief about me, I work currently as a Director of Product at an Indian unicorn startup About my career: - Did my undergrad from IIT and then masters from an Ivy league school - Have been in product for almost 10 years now - across 2 Indian unicorn startups and a publicly listed company Would love to take questions on what it means to be a PM, growing within the role, building your career, and other things :) Will be back here at 4 pm and start replying Shoot away!

I have been talking to a few companies, across different size bands. Only Indian startups seem to obsessed with full week WFO/Micromanagement. A few years back, startups were known for being more flexible, now it just seems to be the reverse.

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

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

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 💭