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2024-09-13T05:20:22.959Z

In 1999, Webvan, an online grocery delivery startup (us zamane ka zepto), was scaling at a breakneck pace. Backed by millions in venture capital, they expanded to multiple cities in the US, built massive warehouses, and hired hundreds of employees, aiming to dominate the market. But by 2001, Webvan was bankrupt. What happened? They scaled too fast, too soon. Instead of refining their business model and understanding local markets, they overextended themselves. Customer demand wasn’t growing as quickly as they had predicted, and operational costs skyrocketed. Ultimately, they couldn’t sustain the rapid growth. Lesson? Stay small, at least in the beginning. 1. Focus on perfecting your product or service. 2. Understand your customer base. 3. Create a solid foundation before chasing rapid expansion. Scaling too fast can lead to cash burn, operational chaos, and eventual collapse. Growth is exciting, but growing at the right pace is what sustains businesses in the long run.

financialnews

Stealth • 5h

Indian Semiconductor Lab Provides Fab Services to Boost Startup Innovation India's SCL Offers Free Fab Support to Chip Design Startups India's first chip fabrication unit, Semi-Conductor Laboratory (SCL), Mohali, is set to provide comprehensive support to chip design startups. The unit will offer fabrication, testing, and packaging services, addressing the current challenge faced by startups who have to rely on global foundries for even limited samples. This dependence not only incurs significant costs but also hinders their ability to conduct thorough failure analysis, testing, and identify manufacturing or assembly challenges firsthand

https://financialnews24.com/shortnews_post.php?id=54&title=Indian%20Semiconductor%20Lab%20Provides%20Fab%20Services%20to%20Boost%20Startup%20Innovation

2 replies6 likes

Replies (2)

Anonymous 2

Stealth • 1h

Free services sound great, but quality and scalability might be a concern compared to established global players but still, great start tho

0 replies1 like

Anonymous 1

Stealth • 1h

This could be really good, local fabrication support will fuel innovation and reduce reliance on expensive global foundries

0 replies

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