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
It's because it has become a giant with most dominance and great funding. So maybe because of that no competition.
But there should be a good competition in this market , no monopolies ‼️
0 replies
More like this
Recommendations from Medial
Om Raut
Stealth • 5m
To my all FUTURE ENTUERPUNERS ‼️
"A client will become a friend quicker than a friend will become client"
✅🍸
0 replies5 likes
Vaibhav Babruwan Shingde
Stealth • 8m
Day 5 : Competition is for Losers - Insights from Peter Thiel (PayPal, Palantir, Founders Fund)
• Aim for monopolies, not perfect competition
• Capture massive value, don't just create it
• Being the "last mover" dominating a market is better than
See More
4 replies8 likes
PRATHAM
Stealth • 6m
Most common Reasons why most start-ups failed in India ‼️🤔
• Lack Of Market ( TAM , PMF )
• Poor Management and leadership
• insufficient funding and poor finances
• inability to pivot
• intense Competition
• Regulatory Challenges
• Product i
Do u think that many people especially students are going for their own startups which will eventually lead to intense competition in the near future and people would have no ideas left to work on because the market will become very cluttered?
There are no jobs out there. Most companies are not hiring. If you are looking for a switch, reconsider and maybe try 6 months later. There’s a bloodbath in the market.
6 replies6 likes
Aman meshram
Stealth • 4m
Ideologically the promotion of ghee as a good fats is a move against veganism wave in India because of the production dominance.
Disclaimer : I am not commenting on the nutrition content .