So basically a bunch of employees received Rs. 65 Cr distributed amongst them 😳🔥 Wealth can only be created by shares/esops!
7 replies17 likes
Jeet Sarkar
Stealth • 11m
Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha.
The move is part of a broader investment in which Nazara allocated 28.
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5 replies24 likes
Yash Raj
Stealth • 1m
Surge in Secondary Transactions Captivates Tech Founders in 2024
According to Inc42’s Annual Founder Survey, tech founders are abuzz with secondary transactions. In the survey titled "The Pulse Of Tech," 35% of the founders reported a “moderate” inc
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3 replies12 likes
Payal Manghnani
Stealth • 22h
📁 AI to revolutionize wealth management — Banks face new competition
Microsoft’s Martin Moeller says AI is shaking up wealth management, making banks sweat as startups move in. With firms like Klarna already replacing staff with AI and UBS seeing b
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1 replies10 likes
Vrishank Raj
Stealth • 6m
Wealth management as a sector is really a hot sector to build in right now.
More than 1 lakh 70 thousand people earned upwards of 1cr in FY2023, this number is estimated to reach 3.5L by FY2027
These 3.5L people want to create generational wealth,
Being in Bangalore is a whole different level of stimulation. Been here for less than a week and I have met so many near-crazy founders, investors, and a whole lot of people simply trying to find their own out-of-the-box approaches. I feel like movin
Do I absolutely need to be a techie to start a tech startup? I have co-founders who are techies but I’m the CEO and the burden of fundraising is on me. Hearing from a lot of folks that VC’s will see me from a negative eye.
5 replies21 likes
RISHABH JAIN
Stealth • 7m
What should be an ideal number of co-founders in a startup? It is generally said the more, the better and of course having a great team makes your work easy but do having 4-5 co founders hamper working as well as divide the equity too much considerin
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0 replies4 likes
Arcane
Stealth • 7m
ONE INTERESTING OBSERVATION SERIES
DAY #10
Heirs vs Self-Made Billionaires
For the first time ever, more wealth is being passed down through inheritance than created by new entrepreneurs!!! 🤯
The study is for the data from 2015 to 2023.
In that