📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
1. Depreciation
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Arcane
Stealth • 4m
Even Charlie Munger calls it BS earnings
0 replies1 like
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Recommendations from Medial
Hawk
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Medial • 3m
Another scam warning, Telecom department calling through personal number to block calls on your numbers.. BS 😂🤣
5 replies4 likes
Chamarti Sreekar
Stealth • 1d
🚨 Jio, BSNL, and Airtel users can now make calls using any available network even when their own SIM has lost signal.
1 replies13 likes
Anurag Mishra
Stealth • 27d
You call it pivoting; your team calls it 'we have no idea what we’re doing anymore.
1 replies1 like
Jayant Mundhra
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Dexter Capital Advisors • 9m
Not all may agree with this one, but then we can always agree to disagree :)
This bit from Charlie Munger, the legendary investor, probably holds well for most east asian tiger economies- Korea, Singapore, and Vietnam (now).
In fact, even if you lo
Even insta has ai now! Meta ai.
IT WORKS SO WELL. IT CAN EVEN GENERATE IMAGES. I LOVE IT ❤️🫡
10 replies9 likes
VCGuy
Stealth • 7m
Received 9 calls today from Paisabazaar, RBL Bank, and Bajaj Finance.
I block the number each time, but they always call from a new one.
I've set DND everywhere and repeatedly asked them not to call, but it doesn't seem to work.
If someone makes a
Naval Ravikant once said:
“I credit reading 1-2 hours per day as the main reason I’m successful.”
Here are 12 books he recommends that are better than any university degree.
You better add them to your list:
1. The Almanack of Naval Ravikant by E