I am an Indian but I see startups in India are making "wrappers" around a innovative technology and calling them "revolutionary" and selling things in the name of nationalism.
E.g : Krutrim using ChatGpt.
We have to focus more on Product > Marketing.
There is no "old school" or "new school".Buisness is business.Lately we have forgotten profitability in the name of valuation game.And when valuation comes down, thousands of employees (no fault on them ) looses their jobs.
0 replies
More like this
Recommendations from Medial
Vishu Bheda
•
Medial • 2m
In 2018, he threw a $2 million party to show off his startup’s success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Here’s how one CEO’s bad decisions destroyed a billion-d
Unique Startup Stories (11/20)
Meet Skillmatics, an educational toy company funded by "Sequoia Capital".
ABOUT IT
• It was founded in 2016, by Devanshi Kejriwal and Dhvanil Sheth in Mumbai.
• It creates educational games for children in pre-school
As a solo entrepreneur/Founder, I have 100% stake in my company, and have grown the company to 17+ employees & 0 mentors for an annual revenue around 50L within 1year
but most of the money directly goes to the salary and other business costs, and I
After spending just 12 minutes in their office...
SoftBank's CEO wrote them a $4.4B check.
Less than 30 minutes later, he invested another $2B.
Here's the sales pitch WeWork's founder used to convince the world's smartest investors to ignore basic
Meet Jose Adolfo, the youngest bank founder in history who saw a problem and created a solution that would change THOUSANDS of lives.
Living in Peru, he noticed two big issues:
Many people couldn't save money because of poverty
Streets were filled
See More
0 replies
Adithya Pappala
Stealth • 2m
~"Adithya, Your Exam Paper doesn't even have one Correct Answer"~🤦
This is what one of my Invigilators said in today's exam
Then I replied why so?? His face became doubtful & replied back
"Because you don't know the damn one answer right"
Then a
See More
3 replies6 likes
Vishu Bheda
•
Medial • 1m
They were the fastest company EVER to hit a billion-dollar valuation.
Their revenue grew 22,000% in one year.
Then they refused Google's $6B acquisition offer.
Now, no one knows if they'll survive.
The crazy story of Groupon's meteoric rise — and
A Brief Timeline: Ritesh Agarwal
Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00
Top News of the Day:
1. Wedding services startup Meragi mops up $9.1 million in round led by Accel
2. Apple has used chips designed by Google instead of Nvidia for its new artificial intelligence (AI) software infrastructure, according to a researc
Most of the small business owners forget (or) don't care to calculate CLV.
I recently had a call with my client who seems very frustrated with his marketing performance and sees marketing has money draining machine with no positive effects to compan