Iโve been working with startups for half a decade now but somehow my peers donโt 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 ๐turn profitable ๐๐
The most probable eventual aim of startups is to turn profitable and go for ipo, giving returns to investors and creating wealth ownself ๐ฐ๐ธ
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
๐Is 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?๐ฆ
0 replies3 likes
Shashank Vishwakarma
Be creative every ti...ย โขย 8m
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
Vaibhav Babruwan Shingde
Studentย โขย 3m
Lenskart IPO Also Coming Soon!
โข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion.
โข In FY24, Lenskart generated โน5,427 crores in revenue, a 23% increase from the last financial year
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1 replies6 likes
anant
Nothingย โขย 11m
Previous generations used to work in pvt ltd company, public limited company.
Current generations working called start up
one of difference is previous generations used to work on type writers now on laptop. Pc app
Previous generations business
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0 replies2 likes
PRATHAM
Experimenting On lea...ย โขย 1y
Can a app based startup be bootstraped ?
Let's discuss! I probably think no coz firstly it requires a lot of funds just to do basic things and if included marketing, operating costs, salary, etc it would be huge amount.
Also in such startup scali
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7 replies16 likes
Havish Gupta
Figuring Outย โขย 2m
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...ย โขย 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
