Does making loss at initial stage to attract customers with discounts in startup or business is a good strategy?
5 replies7 likes
Gaurav Garg
•
US India Chamber of Commerce Austin • 7m
Want to throw a open question why startup is a hype even though most startups fail/struggle badly but highly skilled freelancers/independent Professionals are not that much celebrated where they are earning well. Another social stigma ?
Just a random thought....what happen when a startup failes badly
5 replies3 likes
Shashank Vishwakarma
Stealth • 3m
Will OLA survive in NSE ? It is already a loss making company.
Zomato listed there company after they become profitable.
And you know the story about Paytm.
1 replies3 likes
Aditi
•
Medial • 1m
I'm quite excited for swiggy's upcoming IPO - but they recently brought up possible risks that could lead to loss making in their DRHP which I think is quite important to consider:
A) Haven't found locations for their dark stores yet and may run in
Distress deal: when a startup is sold quickly and at a lower price because it's in financial trouble.
Here,
A loss-making company tries to escape bankruptcy by selling itself and buying company benefits from a very low valuation purchase.
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
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31 replies49 likes
Pritam Mondal
Stealth • 2m
The duopoly of zomato swiggy is the biggest threat for Restaurant and cloud kitchen industry in india.
Why?
Most of the restaurant and cloud kitchen owners are making loss or making razor thin profit when we order through zomato- swiggy
Approx 30