Just an intersting data point. There are about 400 odd startups who raised at least 50m since 2010. Less than 20% are profitable.
I'm seeing so many posts where startup employees are cribbing about things like layoffs, work culture etc etc. Doesn't seem like they have perspective on everything it takes to build a startup. I've built a failed startup myself and have...
If you can’t run a business that lets people have a normal life then you’re the one who thinks they’re entitled to em...
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...
1 year back all startups were losing money like crazy while all of a sudden everyone from Swiggy to Meesho to Unacademy are profitable or EBITDA positive. Other companies which were profitable earlier have not shown a spike in profit.
W...
Startups which were loosing hundreds of millions last year are now annocuing PAT and planning for IPOs. What has changed really or were they uselessly burning money
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...