Back

Your post it not accurate and don't generalise by saying 'Indians'. You do not have any data to support your statements. Yes, there are flaws in the mindset regarding startups cause Most of the founders just fill their bank balances, burn the cash and run away to other countries with VCs money. Regarding the value creation, they're just complicating the simple stuff and devaluing things in thr name of technology.

Idk two years almost haven't got any funding

In today's time Funding is being celebrated and Not Earning Profit

Yeah, but nowadays startups want verymuch immediate scaling, valuations and revenue. The hate on startups is mainly because in the name of valuations and scaling they are burning millions of dollars in marketing and unsustainable product manufacture etc. Best example byjus. What in the fucking world did he assumed of that each and every Indian would only buy his tab and study in that. He should have been on land. But he is dreaming and making valuations and fund raising.

Yea but see lenskart is going on loss since 11 years so this isn't good in my opinion no doubt they are doing pretty well but they aren't profitable yet. What are your views on this and I agree with you in above statement

Indian’s have this mindset of downplaying good things that are not theirs.

Smear them with facts and shut them up.

I think this thought stems from a few star failures like Byju’s etc. It’s easy to remember failures than successes.

Uber generated $1B in profit, last I heard.

Only people who can’t startup themselves and are jealous of the big funding rounds cry about losses of prospective billion dollar companies.

Exactly. The hate against startups is unreal.

if uber would have walked, lyft ka market share bohot zyada hojata. Uber flew that’s why lyft is not as big as uber

what value are they creating? ola copied uber, zomato copied doordash, flipkart copied amazon. idea copy karo valuation badhao