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 if they don’t do well and I end up losing my money.
I feel it’s better to take a bet on this as the money isn’t really significant and is better used if Invested somewhere. I might just end up wasting it buying AJ1s, Airpods and all that expensive stuff.
What do you guys think about this? What’s your view on Zomato’s future?
PS- No Index funds, MF advices pls. I’ve done enough research and will Invest once I start getting monthly salary from my FT Job.
Iss ek lac se woh party throw kar, t-shirt bikjayenge, naaki Deepinder ko ek aur Shraddha suckfest ka chance.
Also if you're gonna blow it on sneakers do it on Salomons or Rhude Rhecesses not AJ1s :)
70K kharch diye maine ab tak isme - sourcing, making, marketing
Taking it slow now ;)
On a side note, you’re so fucking cool dude, would def want to work with you someday. Can we connect on Linkedin/TG/Discord?
Why do you think zomato will grow multifolds?
Duopoly, InfoEdge Investor (Expert in Indian Markets), Disposable Income Increasing, Superior Tech etc etc.
YOLO hai toh itna rationally nahi sochta bas long term accha stock lagta hai, risky bet but might be worh it.
I would stay away from such cash burning companies which aren't profitable yet.
Many senior folks left zomato including their co-founders.
And with government bringing ONDC, there would be increased competition.
It's somewhat a duopoly but it has been created by burning cash and not due to some technical prowess. These kind if aggregator models can be replicated with good investor backing so I don't see any moat in their business.
YOLO - Yes Serious - No For rationale, read varsity by Zerodha
was looking at the financials of Zomato. It's profit roce etc has been negative consistently still the stock price has been increasing throughout the last year. Have recently started fundamental analysis of stocks and so just Trying to...
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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.
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Looking for price prediction for 6 month, 12 month period.
Poor mutual fund investors.
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I got into stocks like Zomato and Paytm when they IPOd expecting for them to rally up as many people did (I assume).
