Investing is the art of harnessing your future self's wealth rather than spending it all today. Each rupee invested is a seed planted for exponential growth - Hawk.
When did you buy vegetables in Paise? 😷
They say; get paid in dollars, and pay in Rupee. Zepto is enabling 31 mn Indians to earn in Rupee and pay in Paise.
It was almost like a dream come true for me. Thanks for making it happen, Zepto.
#Zepto #Q
Here’s a short overview of major funding agencies and their operations:
1. Sequoia Capital (USA)
Invested In: Apple, Google, Airbnb, WhatsApp.
Source of Funds: High-net-worth individuals, pension funds.
Returns: WhatsApp investment generated $6.3
The IPO wave is coming back, and if anyone is planning to invest in any IPO, remember one important thing: valuation -- always check it carefully. Give only as much as it's truly worth.
I completely agree with Jeff in this.
We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others.
For eg:
1) Sequoia's $12.5 million investment in Google in 1999, and
Performance of an Indian defence stock :
Mazagon Dock.,..
IPO in Oct 2020 @ Rs145
After 4 yrs
Today....4960
Today Mazagon Dock crosses a Market cap of Rs 1 lakh crore
Almost 34X....in 4 yrs.
Finally, Groww has also submitted its IPO documents to SEBI. In a few months, the updated DRHP will be released for the public as well. Another new age company is bringing its IPO, and its valuation will also be worth watching.