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PRATHAM
•

Medial • 9m

Facebook Ran Pre-REVENUE for 5-6 years ‼️ Meaning, for 5-6 years they didn't sell anything to their customers and made 0 sales. How ? Funding. But why? Because It was creating a category from scratch and was revolutionary back then. It was backed by many VCs having 100s of Millions. It had many funding rounds. In many rounds it was facing losses but now it's one of the most valuable companies and is profitable. This is how the system works. I guess same is going up with lenskart. Many similarities are there between them tho.

14 replies17 likes

Replies (14)

SHIV DIXIT

CHAIRMAN - BITEX IND... • 9m

lenskart is not facing good competition and i don't know why any investors are not backing any entrepreneur for building eye care infrastructure

1 replies2 likes

Havish Gupta

Figuring Out • 9m

I don't think that there is any connection between Lenskart and Facebook. Lenskart is basically organising optical business and that was existing from decades. Facebook was different, and tbh they could have earning from very next day through membership and ads. They just didn't did that to attract users.

1 replies1 like

Anonymous 4

Hey I am on Medial • 9m

Guess sometimes you have to spend years building up to make billions later.

1 replies

Anonymous 3

Hey I am on Medial • 9m

not all startups can sustain long-term losses and secure funding.

1 replies

Anonymous 2

Hey I am on Medial • 9m

Relying on extended periods of no revenue can be risky.

1 replies

Anonymous 1

Hey I am on Medial • 9m

It’s impressive how a visionary idea with strong funding can eventually become highly valuable and profitable, as seen with Facebook and potentially Lenskart.

1 replies

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