GoofyNoodle

Curious question on Startups in loss

How startups like Daily object go in loss of 3cr with revenue of 84cr, even after selling product like these at 4x of market rate?

29d ago

2.2Kviews

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SparklyNoodle

Stealth29d

They are probably spending shit ton of money on marketing due to low conversion cuz of high product cost.

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Curated from across

Indian Startups11mo

by SqueakyPickleGoogle

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 p...

Personal Finance11mo

by PerkyWalrusStudent

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...

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

Indian Startups7mo

by DancingDonutStealth

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

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

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