🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

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

Inactive for a week ... • 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 mil

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 ?

Havish Gupta

Inactive for a week ... • 1y

Yaa, they should go profitable now. There market share is about 90%.

0 replies1 like

Recommendations from Medial

PRATHAM

Experimenting On lea... • 1y

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

5 replies7 likes

Shashank Vishwakarma

Be creative every ti... • 9m

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

Havish Gupta

Inactive for a week ... • 6m

Myntra is now finnally profitable!

2 replies4 likes

Nithin Augustine k

DAY ONE • 1y

Burning through funds to capture Market share is TRENDING. For that startup sacrifice the control they have on the business. To what extent should we raise funds and what all things should we consider about the VC from which we are raising funds. OR

5 replies10 likes

Aryan Raj

Building @Prescribal... • 1y

How about creating a marketplace for second hand books only, I mean there is demand in the market and it's all catered by unorganized sectors, also OLX is in general for all products and is moreover becoming dead now.... what's you views on this, s

4 replies4 likes