Anand Lucia from India quotient investors took a dig at unacademy founder after reports came out that Gaurav has asked for 200cr to leave the company 😂😂
If you think that all the telecom companies were closed due to Jio, So you are wrong!
So untill 2002, companies didn't had to pay any fees in India. But in 2002, gov said that now they will have to pay licence fees as well as 8-12% of all revenue.
Why does even a 1000cr market isn't enough for a VC
So most businesses generate maximum Profit Margin of 20%.
That on a ₹1000cr ($150 M) is ₹200cr which is enough for an founder to retire.
But if you think from a VC's point of view, the max valuat
I believe by applying coupons and discounts we pay for what the product or service exactly what it's worth for otherwise we overpay....always.
What do you feel?