I'm really bearish on it and I'm surprised by people still being bullish about it.
Several years in, there's no solid revenue model. All new product launches seem to have failed. Amongst Bangalore techies around me, I've only seen the userbase decilne without a single advocate for it's products.
Anyone here who still believes in it?
They’re building a lending book. No lending company in india has ever gone bankrupt, unless they indulge in fraud.
Wealth management and lending soon.
Going nowhere.
Their user base doesn't need loan. And lending is way different than building some superficial app.
Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves.
...
I feel cred is doomed and just trying to increase its value. And the end goal is to sell the cred to someone with h...
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...
