Thoughts on CRED's business model? Sustainable?
What do you guys think about CRED's business model and future prospects? They've raised a ton of funding but still no clear path to profitability. Can they succeed long-term or is it just hype?
Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that?
How much are they burning now? How much runway do they have?
Cuz everyone abuses their CRED coins and calls them worthless.
Most importantly, I'm sick of seeing Kunal Shah's smug dp pop up on my Twitter everyday with some new gyan while it's unclear what he even does
Kunal Shah has understood this is not the path to profitability that is why he has setup a new nbfc
His request for nbfc license has be rejected by RbI
Nope, on the contrary it's running profitable.
The guy know how to distract
It's just a credit card alarm bill app. If not already done, just like many other fintech apps, i speculate they would onboard mutual fund platform.
What do you guys think about CRED's business model and future prospects? They've raised a ton of funding but still no clear path to profitability. Can they succeed long-term or is it just hype?
All the cool marketing and UI/UX aside I find myself wondering what's up with Cred? Here are my questions, knowledgeable product folk or better yet people from Cred or who worked at Cred can you please help with the following questions (...
https://www.linkedin.com/feed/update/urn:li:activity:7153989522811215872/
Now that Cred Coins have some value, looks like only the grapes 🍇 are running far behind!
#iykyk
I fail to understand why people hold cred in such high regard. So much promise, so much advertising, yet no real value for the customer. Their UI is a mess honestly. Takes so much effort to navigate that hell of a musuem that mr shah has...