Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.
Anonymous 5
•
Uber • 10m
India is a simple DAU farm. Specially if you are building for tier 2 and tier 3 audience who don’t have any money to spend.
0 replies1 like
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Chamarti Sreekar
Stealth • 1m
Unpopular opinion but I think we should NOT build our business like:
1. Idea
2. Product
3. Audience
Instead we should pursue
1. Idea
2. Audience
3. Product
Building a product is often quite easy compared to building an audience.
Write your 3 priorities?
Mine is
1).Becoming CA
2).Making insane money
3).Spend time with family
0 replies4 likes
Prashant Singh
Stealth • 9m
Do you think that Indian job seekers (specially from tier 2 and tier 3 cities) need help with their resumes? I wonder if they will pay 100 rupees or so if I transform their resume to a great one in just 3 clicks.
2 replies7 likes
Uttkarsh Singh
Stealth • 13d
That's why I say invest in Tier 2 and Tier 3 cities.
guys what do you think there is opportunity to build q commerce platform and expanding in tier 2 and tier 3 cities same as meesho did where the flipkart and Amazon focusing on tier 1 meesho find the opportunity and grabbed the tier 2 and tier 3 city
Share valuation just dropped by > 60%. From 5B to 2B. Goes to show that you can’t make money (yet) from tier 2 and tier 3 India even if you have a lot of users.
How much would you spend on building an MVP app in India? 💡
1. Less than ₹1 lakh
2. ₹1-3 lakhs
3. ₹3-6 lakhs
4. ₹6 lakhs+
What’s your take? Share your thoughts! 👇
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