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
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 ?
How Loss Making Startups 📉turn profitable 📈🚀
The most probable eventual aim of startups is to turn profitable and go for ipo, giving returns to investors and creating wealth ownself 💰💸
Now start-up take huge losses in creating market or gettin
I'm personally not a fan of their services but he really really hit a sweet spot when it came to pricing eye wear in India. Other optical stores made incredibly high margins until lenskart disrupted this. Plus most of their stores are retrofitted wit
📍Is Quick-commerce really a sustainable and profitable business for the long run? because every single company in this sector is doing huge loss or it's just for T1 cities?🦆
0 replies3 likes
Vaibhav Babruwan Shingde
Student • 4m
Lenskart IPO Also Coming Soon!
• Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion.
• In FY24, Lenskart generated ₹5,427 crores in revenue, a 23% increase from the last financial year
Will OLA survive in NSE ? It is already a loss making company.
Zomato listed there company after they become profitable.
And you know the story about Paytm.
1 replies3 likes
Comet
#freelancer • 8m
[This post has been removed because it does not comply with our rules]
1 replies6 likes
Chamarti Sreekar
Passionate about Pos... • 23d
Why are Reliance and Adani still not in the education sector? When every other major industry has their footprint, it's shocking they haven't entered one of the most profitable businesses in India, education. What's stopping them? 🤔
While most companies just try to show how premium their brand is, Lenskart on the other hand, played the 'TV ad' game quite differently.
During the start, it firstly focused on making ads that show how local opticians lack quality and make improper
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9 replies14 likes
PRATHAM
Experimenting On lea... • 1y
Don't you all feel shark tank judges are the one who should be judge like they don't have seen one quarter profit and they all are rejecting others for their loss it's ironic ( this is not for those whose startup is profitable, btw peyush had admitte
A whole lot of people think that so many founders are stupid because they are making loss when they don’t realise that’s what it takes to become a huge startup indeed. Take an example of Reddit, Facebook, Amazon, etc. Penetration is important to go b
