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🌝 A supporter asked me “How is Canva doing? And what’s the story behind Figma?” This post is for you. ✨ Canva — From DIY Tool to Design Empire Born in Australia in 2013, Canva started with a vision: 👉 “Make design simple for everyone.” While Ad

Figma Files for IPO with 91% Margins. This Is SaaS at Its Peak. 🤑 $821M in revenue last year 📈 46% YoY growth 💰 91% gross margins 📦 18% operating margin 🏦 $1.5B in cash 💸 Zero. Debt. And guess what? Figma isn’t some enterprise giant. It’s a b

Tesla Doesn't Make Money by Selling Cars.💀🔥 This Sounds Tricky, Right! When Elon Musk was building Tesla’s electric vehicles, he encountered a stark reality of the auto industry: new car sales alone rarely generate profits. In a widely cited

𝗛𝗼𝘄 𝗱𝗶𝗱 𝘁𝗵𝗶𝘀 𝗰𝗼𝘂𝗽𝗹𝗲 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲𝗶𝗿 𝗽𝗮𝘀𝘀𝗶𝗼𝗻 𝗶𝗻𝘁𝗼 𝗮 𝗳𝗼𝗼𝗱 𝗲𝗺𝗽𝗶𝗿𝗲? ↳ Rameshwaram Cafe was co-founded in Bengaluru in 2021 by Raghavendra Rao and Divya Rao. Raghavendra started his career from humble

65k distributors for ~10L pharmacies: India’s not for beginners 😅😅 I learnt about this when analysing one of India’s largest pharma distribution players, which is also listed (SastaSundar). .. Imagine how smaller pharmacies even keep track of th

Urban Company is probably the best company to have come out of the Indian Startup Ecosystem. Their journey is nothing short of exemplary, and thankfully the numbers confirm the same. In FY25, UC did an operating revenue of ₹1,144 Cr, with a net prof