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Anonymous

Hey I am on Medial • 1y

A whole lot of people think that so many founders are stupid because they are making loss when they don’t realise that’s what it takes to become a huge startup indeed. Take an example of Reddit, Facebook, Amazon, etc. Penetration is important to go b

Anonymous 1

Hey I am on Medial • 1y

You're absolutely right! Zoho did same. I agree with you, not every loss making company is stupid. They are just techniques ..they have various other source of revenue. But I think people need to understand, everyone cannot do same and burn money...until and unless you don't have proper strategies to recover the loss. There should br proper Rnd before burning money, otherwise your startup can close. Only do this , if you're sure you'll be able to capture marker soon then earn money. Don't just start burning money with no plans..if you do so, then you'll be stupid.

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Anonymous

Hey I am on Medial • 1y

Exactly there’s a lot reason sometimes to do what these founders do.

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How these sharks can invest so much in so many businesses?? They do not get exit early, their companies are running in loss and they have to use money in their business too? How are they having money to invest in other businesses? What is actually h

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