I got into stocks like Zomato and Paytm when they IPOd expecting for them to rally up as many people did (I assume).
I don’t see how Zomato ever becomes profitable, Uber just posted a loss this quarter as well. If Uber can’t become profitable, how can we expect Zomato to do better…..
Paytm is trying to become profitable, they’ve built a lending book of 25k cr+ in last 1 year.
Ultimately, every fintech company end up becoming a lending company, case in point cred.
Zomato, unless they expand their business into any other segments i don't see prospect in their business. Cons : services only urban, not a monopoly, poor management. For that matter personally i dont believe in a business who wants to earn using mere an app taking orders and they won't own a product.
Bc why invest in these companies
I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares.
I really believe the company will grow multifolds in the future, also I won’t have qualms...
What is the probability of generating significant wealth (1-5Cr) by working at startups(Both US headquartered and India headquartered) in India? Is Generating wealth through ESOPS normal thing in India or very few lucky ones make such ...
Really ?
Even after receiving multiple notifications from them ?
Even after submitting false compliance reports to them on various instances ?
Even after they had put monetary penalty on you for continued non-compliance with KYC norm...
As everyone knows that zomato is now hiring 800 employees after two months of a mass layoff, and exit of senior profiles like VP and CTO.
Let me tell you the truth about the founder. He is an opportunist. He doesn't give a shit about ...
"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffet
I want to appreciate Swiggy for whatever they've done in the last year. Everyone's had a tough time, and through the bear market (which we are st...
