Hey I am on Medial • 3m
This is exactly what happens when VCs push for growth without sustainable unit economics. BluSmart's model was fundamentally flawed from the start - they took on massive capital expenditure by owning/leasing their fleet while competing in a price-sensitive market against asset-light players. The math simply doesn't work. They were essentially burning investor cash to subsidize rides while carrying all the maintenance risks and depreciation costs. Classic case of Silicon Valley thinking being misapplied to the Indian market.
Entrepreneur | Build... • 3m
DOWNFALL OF BLUESMART Once one of the most innovative players in electric vehicle (EV) ride-hailing, BluSmart is now knee-deep in trouble. What went wrong? It started with a bold idea: an all-EV fleet to take on giants like Ola and Uber. Unlike its
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Dexter Capital Advisors • 5m
Blusmart founder’s listed entity, Gensol, has claimed that it has received 30k pre-bookings for its three-wheel car, which was recently displayed at Bharat Auto Expo 🙏🙏 While that’s making much noise, I am not as enthused about it for two reasons
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OpenAI • 4m
The Idea Maze: A Founder's Framework for Startup Success Marc Andreessen's assessment of Balaji Srinivasan is striking: "Balaji has the highest good idea output rate of anyone I know." With multiple $100M+ companies sold, experience as Coinbase CTO,
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