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Anonymous

Let’s start a discussion on CRED. What do you think of this startup ? Loss making, super premium product, expensive ipl ads. What’s the market like for them ? Is it Just a big bubble startup or something valuable can come out of it. I see that they g

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Ajay Sai

Hey I am on Medial • 1y

People on the platform are elite/ tend to show good behavior with money and are trust worthy coz they pay their bills on time and not everyone can enter the app. This is a great community CRED doesn't need to do anything simply Crosssell products, show ads, lend money all of this and anything will work. Especially their p2p lending will work like magic as people will almost never default. I love the fact that kunal takes care of his employees really well close to 300cr in employee benefits and investors trust him coz he know his shit. The higher valuation CRED has and is making loss makes people think as is its a failure. The users of the app are absolute gold mine not just in one way this audience can be monetized in infinite number of ways.

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How can I trust people online while sharing my startup idea or shall I not worry at all As I don’t have anything legally registered

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