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
Vaibhav Babruwan Shingde
Studentย โขย 4m
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
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
#freelancerย โขย 7m
[This post has been removed because it does not comply with our rules]
1 replies6 likes
Havish Gupta
Figuring Outย โขย 3m
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
A whole lot of people think that so many founders are stupid because they are making loss when they donโt realise thatโs what it takes to become a huge startup indeed. Take an example of Reddit, Facebook, Amazon, etc. Penetration is important to go b
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31 replies49 likes
Prathamesh Deore
Think like an Entrep...ย โขย 3m
Sometimes some people need someone to listen as they couldn't be expressed in front of anyone. They have much more inside them which is slowly slowly kills them. And then the time comes when there's no other option left instead of killing themselves.
