Share valuation just dropped by > 60%. From 5B to 2B. Goes to show that you can’t make money (yet) from tier 2 and tier 3 India even if you have a lot of users.
They couldn’t have scaled so much without moat ig.
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MOAT is a thing which every business should have to protect themselves from competition
Types of MOAT
1) Brand Moat :- Fevicol is synonym to the word glue
2) Taste Moat :- People who love Maggie will never change their habit
3) Network MOAT :- You
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