I am noticing a lot of fancy "tech" startups going to IPOs with a gigantic valuation but with minimal profits getting a lot of attention in mainstream media.
What are those companies pulling in huge bucks and are not that famous?
Real businesses are there in every nook and corner of your neighborhood, from a kirana store to a super market to a medicine store to a food outlet to any small or medium size businesses...go a tad higher and look at nifty 100-150 stocks to know more...
Services companies♥️. A healthy lot. Exactly those places where you don't have cringe chutiyapa roles like Product Management.
Top 20 companies make 80% of the entire country's profit. The most profitable HDFC takes 9%. It doubles itself every 3.5yrs and has made 70x in last 20yrs. Asian paint has made 10x in 10 yrs yet people won't know the CEO. Need to talk ab...
These would be the companies that has a great team attacking a real large problem with a vision or roadmap to also grow profitably as a business + great culture (and not necessarily chasing the valuation game and dressing up the company ...
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
Which Indian VC investor is a no-go and why? Share in person’s name - fund - reason(s) format if possible
