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What's your call? Gaining market share by spending Investor/VC money is sustainable for long term growth?

Depends. Not required if you have some IP advantage

What about existing market?

Existing markets are focused on building brands not IP, in that case yess you need to fuel lot of cap!

But companies like boat who didn't raised single money til 100cr in a giant's market later on they spend on marketing but mostly from own earnings.

That not true. Boat does not have its own rnd and models on drop shipping and marketing. Both requires substantial investment to stay in position, not possible without external funding. Remember business like boat can always be replaced and needs to

Also boat's model is to import from china and with some changes sell it here. But they're looking establish manufacturing in India to tighten the position as leader.

Are you evangelizing ⛵ or sticking to your initial query mate?

Both, just gaining knowledge. 😅

Just TP, this app is wrong, it doesn't show whole thread at a time.