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Anonymous

Stealth • 10m

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

Stealth • 10m

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

Stealth • 10m

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.

1 replies1 like

Replies (1)

PRATHAM

Stealth • 10m

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 ?

1 replies1 like

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yes

Votes: 8

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