I have an idea to establish a venture about language translation with ai. I want to build a ecosystem for multi language communication. I have already planned ecosystem to establish. It is ai era so i think our product going to outperform. What do yo
Types of market
1. Perfect Competition: Many buyers and sellers with identical products.
2. Monopoly: Single seller dominating the market.
3. Monopolistic Competition: Many sellers offering differentiated products.
4. Oligopoly: Few large firms
Built Ola when Uber already existed
Built Ola electric when Ather already existed
Building Krutrim when ChatGPT, Claude, Mistral already exist.
What's your take on this comment?
Is it still a good idea to build a D2C premium Men’s clothing brand but at affordable prices even after so many players already in the market?
If yes, what should be done to stand out?
8 replies9 likes
Sandeep
Stealth • 5m
You got a start-up idea 💡
You excited and thought this is going to be the next unicorn.
You searched in the google and found your idea already exist.
You disappointed and demotivated
Have you faced such situation ??
2 replies3 likes
Aarihant Aaryan
Stealth • 10m
Ethos a B2B "luxury" watch company does 1000 crore in revenue, their revenue comes from jus 500 ultra rich families.
Their stock has gone 2.2x from their listing date :)
The luxury market does exist in India.
1 replies12 likes
Ayush
Stealth • 10m
This is huge.. gpay is one of largest upi app (in terms of users) people are already familiar with it, timing is great because in current scenario Paytm is struggling right now many small businesses and vendors are shifting from Paytm, gpay will capt