Thinking to start a random questions thread to develop knowledge.
Q1-
If you are starting an aggregator business (like Uber, ola, oyo, etc.), how will you bring intital partners for your platform?
Most of biggest and popular startups like Tesla, PayTm, etc are new inventions.
So do you all think that a startup should focus on building something new instead of copying an idea?
𝗪𝗵𝗲𝗻 𝘆𝗼𝘂𝗿 𝗯𝗿𝗮𝗻𝗱 𝗯𝗲𝗰𝗼𝗺𝗲𝘀 𝗮 𝘃𝗲𝗿𝗯, 𝘁𝗵𝗮𝘁’𝘀 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂’𝘃𝗲 𝘁𝗿𝘂𝗹𝘆 𝗮𝗿𝗿𝗶𝘃𝗲𝗱.
❌ I searched it on Google
✅ I Googled it
❌ I booked a cab on Ola/Uber
✅ I Ubered/Ola-ed to the office
❌ I ordered food on Swiggy/Z
Finished implementing phonePe in my company and to my surprise total merchant traffic of phonepe was more than of Paytm, Amazon Pay, flipkart seller and Bharatpe all combined. we may be using Gpay or Paytm for day to day transactions but it's PhonePe