AprameyaAI • 1y
Is Olympic Profitable ? 💸 Contrary to popular belief, hosting the Olympics often isn't the economic triumph! Let's break it down: 1. Massive Upfront Costs 💰 → Infrastructure, venues, security → Often billions over budget 2. White Elephant Syndrome 🐘 → Underutilized venues post-Games → Ongoing maintenance costs 3. Displacement of Local Businesses 🏬 → Short-term boom, long-term bust for many 4. Overstated Tourism Benefits 🧳 → Regular tourists often avoid Olympic cities → Surge doesn't compensate for costs 5. Opportunity Cost ⚖️ → Resources diverted from other public needs Real-world examples: • Montreal 1976: Took 30 years to pay off debt • Athens 2004: Contributed to Greek financial crisis • Rio 2016: Venues abandoned, $2 billion in unpaid debts "The Olympic Games are highly profitable - for the IOC." - Sports economist Andrew Zimbalist Is it time to rethink the Olympic hosting model? 🤔 Happy Medial! - Follow for more

Doctor by profession... • 11m
In India, the rapid rise of restaurants, street food stalls (thelas), and tea shops (chai tapris) is driven by several key factors: 1. Easy Licensing & Low Entry Barriers – Compared to other businesses, setting up a small food venture often requires
See MoreAccelerating 0-1 pla... • 7m
Go on and create a “No-Business”! The relentless pursuit of hyper-growth often blinds founders to a more liberating path: building what VCs dismissively call a "No-Business." But what if that "No-Business" is precisely where true freedom and sustain
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Figuring Out • 1y
I saw a video 1-2 years back where the speaker said that all those 'middleman' businesses like Zomato, Ola, and MMT would never really succeed! The problem, he said, is that you have to deal with 3-4 entities: first, the customer; second, the client
See MoreHey I am on Medial • 7m
If you're planning to build an app in 2025, it's important to understand that it’s not just about writing code. Creating an app means building a complete product. And yes, it costs money — sometimes a lot more than people expect. Here’s a breakdow
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