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Medial • 10m
Facebook Ran Pre-REVENUE for 5-6 years ‼️ Meaning, for 5-6 years they didn't sell anything to their customers and made 0 sales. How ? Funding. But why? Because It was creating a category from scratch and was revolutionary back then. It was backed by many VCs having 100s of Millions. It had many funding rounds. In many rounds it was facing losses but now it's one of the most valuable companies and is profitable. This is how the system works. I guess same is going up with lenskart. Many similarities are there between them tho.
Founder - Burn Inves... • 26d
Lenskart has now registered itself as a public company. Earlier, it was known as Lenskart Solutions Private Limited, but the name has been changed to Lenskart Solutions Limited. The IPO announcement could come any time now. A few months ago there wer
See MoreContent creator • 5m
Lenskart was started by Peyush Bansal, Amit Chaudhary, Sumeet Kapahi in 2010. Piyush Bansal formerly worked at Microsoft. In 2007 Bansal returned to India to start his own startup. In 2008 Piyush Bansal started 'Find My Campus' to help university s
See MoreReach your peak • 5m
Why does a programmer need significant funding when building their own app? I believe the primary investments are in hosting the app and marketing it. For instance, Inshorts raised $125 million across 7 funding rounds, but where did they allocate the
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