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Anonymous

Hey I am on Medial • 1y

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

PRATHAM

Experimenting On lea... • 1y

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

Havish Gupta

Figuring Out • 1y

I agree with your point but look at lenskart ads now. Now they are promoting to build collection of glasses just like we have a collection for cloths. Different occasions, different glasses. In india, the average income is rising and the genz and millennials do not mind spending. So wait and all these startup would get into profit Take example of pay pal. Started in 1998 and last year it reported 4 billion $ profit.. Zomato was in loss since a decade and now turned profitable. Same will happen with all other startups. Please share you views on this.

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PRATHAM

Experimenting On lea... • 1y

True. But in lenskart see they have majority market of eye wear in organized sector so now if they turn profitable and scale slowly instead of making loss then, it would be great right ?

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Hey I am on Medial • 4m

I was there playing offer or no offer contest on Lenskart, and I am surprise to see that at the same time there were so much variations in the results in two different devices.

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Recently I red about lenskart coming up with a new idea of providing it's new service to customers with collaboration with blinkit known for instant delivery. But is it necessary? Buying new glasses everytime isn't affordable for lower and middle cl

yes

Votes: 8

1 Reply