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PRATHAM

Stealth • 7m

PepperTap! We all discuss Successful startups but we can learn Many things from failed startups as well. Here's one PepperTap ( founded by IIM graduates🫡) once was 3rd largest grocery delivery startup. Back in 2014 they raised alot in two series

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Havish Gupta

Stealth • 7m

Spending to Aquire customer is good but you will have to eventually stop. Making profit is the actual goal of a business. So expanding very fast without profits should be done when you have a great support from the VCs or have an existing business

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PRATHAM

Stealth • 7m

Yup but they couldn't stop acquiring customers due to competition and hence they became loss making and VC also didn't give money because of unsustainable business model

Havish Gupta

Stealth • 7m

When two companies fight, consumer gets benifited

PRATHAM

Stealth • 7m

Example: Quick Commerce, tho they are in losses we get benefits of quick delivery and discounts

Havish Gupta

Stealth • 7m

Exactly. And below one is different from topic but informative. So last year the most famous investor in india, rakesh jhunjhunwala started akasa Airline with 6 planes. So market leader Indigo, rescheduled 2 planes, 10 minutes before and after the akasa's flight time on 2-3 routes. Just so that people don't choose it and akasa dies before even starting.

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