Indian Startups Community

by donna

Stealth

a year ago

Zomato - Long term stock or a Fad?

I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares. I really believe the company will grow multifolds in the future, also I won’t have qualms if they don’t do well and I end up losing my money. I feel it’s better to take a bet on this as the money isn’t really significant and is better used if Invested somewhere. I might just end up wasting it buying AJ1s, Airpods and all that expensive stuff. What do you guys think about this? What’s your view on Zomato’s future? PS- No Index funds, MF advices pls. I’ve done enough research and will Invest once I start getting monthly salary from my FT Job.

Barbaadeshwar

Stealth

a year ago

Iss ek lac se woh party throw kar, t-shirt bikjayenge, naaki Deepinder ko ek aur Shraddha suckfest ka chance.

Barbaadeshwar

Stealth

a year ago

Also if you're gonna blow it on sneakers do it on Salomons or Rhude Rhecesses not AJ1s :)

donna

Stealth

a year ago

70K kharch diye maine ab tak isme - sourcing, making, marketing Taking it slow now ;) On a side note, you’re so fucking cool dude, would def want to work with you someday. Can we connect on Linkedin/TG/Discord?

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yals

Stealth

a year ago

Agar YOLO karna hai aur “rationally” nahi sochna hai then why are you asking for advise here bro? Most likely you have already made up your mind and you are looking for few similar YOLO type advise here to firm up your YOLO opinion.

donna

Stealth

a year ago

YOLO

Kafkaa

Uber

a year ago

Why do you think zomato will grow multifolds?

donna

Stealth

a year ago

Duopoly, InfoEdge Investor (Expert in Indian Markets), Disposable Income Increasing, Superior Tech etc etc. YOLO hai toh itna rationally nahi sochta bas long term accha stock lagta hai, risky bet but might be worh it.

Kafkaa

Uber

a year ago

I would stay away from such cash burning companies which aren't profitable yet. Many senior folks left zomato including their co-founders. And with government bringing ONDC, there would be increased competition. It's somewhat a duopoly but it has been created by burning cash and not due to some technical prowess. These kind if aggregator models can be replicated with good investor backing so I don't see any moat in their business.

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ItchyPerineum

Optum

a year ago

YOLO - Yes Serious - No For rationale, read varsity by Zerodha

Cafeinatedpragmatist

Stealth

a year ago

Lol this is an expensive lesson to learn. God speed op!

donna

Stealth

a year ago

mazza aayega

FancyChino64

Stealth

a year ago

ya, do it.... u may get decent returns in 10 years assuming the business will be duopoly till then

Watsay49

Stealth

a year ago

If you want to pay lottery, pay lottery. If you want to invest, invest. Don't mix these two.

BingoMadAngles

Stealth

a year ago

YOLO karna hi hein toh PAYTM is my pick

donna

Stealth

a year ago

ha ye bhi sahi hai

LooseGoose

Stealth

a year ago

Buy small amounts of gold, silver, sensex, nifty and bank nifty every month/quarter. Don't yolo all your savings in one basket. Also get some btc and eth, no other shitcoins. Mutual funds are a scam, full ignore. Sensex and Nifty are decent bets, they outperform most mutual funds in 5-10 years. Thank me in 5 years when you're rich af with a party for the ages.

LooseGoose

Stealth

a year ago

Can still buy small amounts of Zomato but no one would recommend a yolo all-in move like you're suggesting.

Darkblack

Meesho

a year ago

Zomato is a decent stock to invest. But would not recommend investing entire money in one stock. If you want to really bet on consumer tech, would suggest to split across multiple public consumer tech companies. People who are saying zomato does not have moat thinks that just buy burning cash you can build a company. There are multiple factors which had worked in zomatos favour including luck. It is not very easy for someone to come with lots of cash and kill Zomato.

Qwerty2398

Stealth

a year ago

Fad.. zomato wont survive another decade... they will get sold out..

DownUnder

Walmart

a year ago

'Gen z problem' is the gen z version of 'first world problem'. Anyways you seem well off with your parents money so YOLO karo aur validation ke liye post karo. 🤝

donna

Stealth

a year ago

why is everyone so aggressive hear bro calm down

ForkedRim84

Student

a year ago

I honestly don't understand the point of this post. On one hand you said "you believe in the company's growth" on the other hand you are asking about the company's prospects to strangers on the internet.

donna

Stealth

a year ago

What’s the prob? I believe in it and I was wondering what other’s think of it? What is it you didn’t understand?

BladeRunner007

Fintech Startup

a year ago

Zomato shares are pumped and dumped by FIIs. Better buy Nvidia stocks or any other company that has strong fundamentals. I sold my Zomato IPO shares at 150 INR(double of IPO). But will I buy them again? Hell no. Real worth of the stock is no where near INR 80.

Stillgrowing

Unemployed

a year ago

Always play bet on product industry(who actually makes products), not service industry. My bet is always on manufacturing sector.

SupportStaff

Others

a year ago

Tell me why Ain't nothing but a heartache Tell me why Ain't nothing but a mistake

Cfactorial

ITC Ltd

a year ago

Yolo karna hain toh Suzlon khareed ya reliance power. These are 2000 crore quarterly revenue penny stocks.

CodingSherlock

Trellis

a year ago

Shit stock Zomato

wanderingindian

Unnamed

a year ago

I would suggest reading more on Zomato before taking the risk but you anyways plan to YOLO so go for it. You’ll either make some good money and continuing YOLOing till you lose it all or lose it the first time and not pursue such whimsical ideas in the future. Either ways, akkal badam khane se nahi thokar khane se hi aaegi.

donna

Stealth

a year ago

baat to sahi hai

vikvik

UBS

a year ago

long term - not at all