They have the right to spend and grow right now. They posted 98 Cr last year. Obviosly they can make it 500 cr in profit but that needs investment and they are making it. At least not burning VC money.
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Pritam Mondal
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Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads.
Despite having a good product onecard is spending huge capital to acquire new customers.
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VCGuy
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Last week, news broke that India's former Defence Secretary launched his VC fund, Mount Tech Growth Fund.
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Burning through funds to capture Market share is TRENDING. For that startup sacrifice the control they have on the business.
To what extent should we raise funds and what all things should we consider about the VC from which we are raising funds.
OR
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Adithya Pappala
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#9TDAYVC-DAY-2
😳Only 21 Indian VC Firms are there in 2013
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Vaibhav Babruwan Shingde
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Why is Dunzo Failing?
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I posted a post about upgrade intern-zip scholarship worth for 200 cr for 1lakh student whose family doesn't pay tax
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Pipon Gain
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Why there is no another Zomato Swiggy happening in the country ? Is it the reason that initially it is a heavy cash burning business or any other reasons ? Also i think another zomato swiggy will happen but it is just too early right now for the ma
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Arijit Ray
•
Twilio • 2m
Some finfluencers be like
- raise 10 cr
- hire left right and Center
- Make FD
- Fire employees that they hired less than 6 months back
Bhai kya Planning kar rahe ho?
X-Y-Z% rule karte karte logic bhul gaye ho kya?
If you wanted integrate AI, why
As a Tech Venture Studio owner myself, here are the 2 most common mistakes that I have seen founders make while seeking funding or resources from VC & VS.
1 - I’ve seen many founders make this mistake that while they are approaching me is to think.