I’ve been working with startups for half a decade now but somehow my peers don’t understand the importance of value creation against immediate profits. Unicorns do matter. No point making small profit for years together without expanding user base. T
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Anonymous 5
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PocketFM • 8m
Uber generated $1B in profit, last I heard.
0 replies1 like
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Recommendations from Medial
Sourav Srivastava
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Hood • 2m
I heard there was an 🍎 event last night. How was it?
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Shuvodip Ray
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YouTube • 8m
Thanks for supporting my last song. This song is generated by AI. Can you believe it ?
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Emmanuel Tom
Stealth • 6m
I heard Visa brings in more than 50% of it's revenue as profit. Is there any business/businesses that are as profitable as Visa?
I think India need a global business like Visa.
Great numbers!!
Zerodha Has Just 35 Employees in Its Tech Team, Hired Only 5 People in The Last 4 Years
Still Posted Over ₹4700 Crore Profit in FY24.
2 replies3 likes
Priyanshu Mehta
Stealth • 6m
Tech this week :
One quick thing: SoftBank Vision Funds slip back in the red
In today’s newsletter:
Zomato delivers profit for 4 quarters in a row
Meesho's Walmart connections
GoPool wants to eat Uber-Ola's lunch
0 replies3 likes
Aarihant Aaryan
Stealth • 6m
One contrary belief I have is don't stay in your circle
Keep exploring and learning about new avenues, markets and categories - don't stay put in your sector
In the US, you can create one product and make $1B in rev
But in India it's super toug
POSTED BY GARY VEE:
“One of the greatest mistakes of my investing career was passing on investing in Uber in the angel round twice.
I was literally in the room when Uber was invented.
And yet I still passed on investing in the angel round ...
...Twi
Why was Uber Eats discontinued has anyone really thought of it? Is it because it was not on profit or is it because they wanted to discontinue it.
What if Uber eats was not discontinued? Will they be the kings of the food delivery industry!
5 replies5 likes
Havish Gupta
Stealth • 4m
A $5000 investment in UBER gave over $25 Million in Returns.