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Anonymous

Hey I am on Medial • 1y

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

Nishant singh

Software Developer • 1y

The problem is not loss. But the way we consider a startup successfull is just by looking at funding and valuation. A solid business fundamental is important and then only you will eventually make profit either today or in upcoming future. Look at the short video streaming plateform which arrives after Tiktok. Aftet two year almost every one of them are either have pivoted or have been strugling to survive. So if you think they will get success after burning money its not going to be case because they forget the basic fundamental of business. They did not have any business model when they were growing .

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Nishant singh

Software Developer • 1y

I agree not every business can be profitable from day one becauee some business can only turn ptofitable when they are done at scale like Zomato, flipkart , and others. But that should not be the case with every startup.

1 replies1 like

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