The Year of Indian Startups' IPOs Series :
1. Groww ->
• Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion.
• In FY24, Groww reported ₹3,145 crore in revenue from operations, do
Loss is not a good thing but In the Groww case, the good thing is operationally positive and losses because of taxes .
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The Year of Indian Startups' IPOs Series :
1. Groww ->
• Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion.
• In FY24, Groww reported ₹3,145 crore in revenue from operations, do
📊 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
Existing at your stop loss is good trade regardless of the outcome. You cut your loss
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the worst thing in the world isn't being on a bad path.
the worst thing in the world is being on a good path that isn't yours.