I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business
I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping
Seems fake. All account gimmickry. Trust me. If they are EBITA positive, get yourself listed.
That’s what I am also wondering
I think Zomato has also done a similar thing. They deffered the taxes to look profitable this quarter. All startups are doing this to appease investors in the short run and raise some more funding to increase lifespan before they finally shut down
Guess they finally adjusted EBITDA hard enough
While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this
Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?
In current climate, great to see they’re able to raise! Folks at Meesho, some questions:
