SqueakyPickle
SqueakyPickle

Mamaearth founder justifying poor financials of mamaearth

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15mo ago
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CosmicPretzel
CosmicPretzel

Help me understand what's wrong with his argument?

BouncyJellybean
BouncyJellybean
Adyen15mo

My son failed 10th standard, so what so did Tendulkar/Einstein/etc

CosmicPretzel
CosmicPretzel

Hmm, I see

ZestyMuffin
ZestyMuffin

He makes sense. Haven’t you heard of the MamaEarth cloud? They’re setting up worldclass gpu farm in mumbai that will generate 50billion arr. so this valuation is cheap

DizzyDonut
DizzyDonut

Well, mamaearth is not the same as Amazon. It's a D2C seller and not a tech based company. So don't agree with the same argument. It may end up profitable in the long run but certainly won't be the next Amazon.

TwirlyPenguin
TwirlyPenguin

Airtel and Amazon were investing in “tech”. They were not burning cash to fund discounts and grab market share

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