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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 th

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.

Anonymous

Hey I am on Medial • 1y

True but at the end it’s a bet right

Nishant singh

Software Developer • 1y

Its true but atleast your business should have strong fundamental base. Some startup dont even have a business model or revenue model. How can you bet on these.

0 replies

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That's great!! Sharks in Shark Tank: “Aapka business model clear nahi hai, we will not be investing” Meanwhile CRED: posts 2400 crore revenue without business model.