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Startup Savvy

Entrepreneur is What... • 1y

You should try to start your business with bootstrap. Nowadays their is a trend of Startup funding, every Entrepreneur needs funding for show off. And as a result you can see that most of the Indian Startups are loss making. They spend money without any thinking This is the Time of Funding Winter and as you can see many of the startups has been closed 🔒

5 replies12 likes

Replies (5)

Anonymous 1

Hey I am on Medial • 1y

Understand that bootstrap businesses can be viewed as cash flow positive ventures which is great but some ideas are moonshot like drones. You need funding for them. Unless you have generational wealth to play with you can't do much without external funding

1 replies2 likes

DK
•

Ride • 1y

While is issue is real that a lot of startups did get easy money and in funding winter got closed, it's unfair to put them all under the "loss making" blanket. Big name loss makers are usually EBIDTA postive, mid size ones are gross unit profitable, have product market fit in most cases and are investing in growth, Small startups are just figuring everything out so it's unfair to judge them right now

1 replies2 likes

Tarun Suthar

CA Inter | CS Execut... • 1y

[This post has been deleted by the creator]

0 replies

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