https://www.desidime.com/discussions/fintrackr?page=1#post_9006346
Unrelated but restaurant next to my house knows how to do dhanda better than this over valued companies.
For earning 100rs they are burning 700rs for customer acquisition.
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Neobank Fi spent Rs 271 Cr to earn Rs 21 Cr in FY22
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Swiggy’s gross revenue crosses Rs 5,700 Cr in FY22, losses up 2X
Wow Skin Science’s scale nears Rs 350 Cr in FY22, losses surged 15X
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Moglix’s gross revenue crosses $300 Mn in FY22
Byju's founder raising money to buy back as much as 15% stake in the company: Bloomberg
ShareChat’s parent spent Rs 3,407 Cr to earn Rs 347 Cr in FY22
Swiggy’s gross revenue crosses Rs 5,700 Cr in FY22, losses up 2X
Wow Skin Science’s scale nears Rs 350 Cr in FY22, losses surged 15X
Apna’s revenue jumps 3.8X to Rs 64 Cr in FY22, losses up 4X
iD Fresh Food’s revenue grows 36% in FY22, losses surge 2.5X
Fractal’s revenue nears Rs 1,300 Cr in FY22, slips into losses
Moglix’s gross revenue crosses $300 Mn in FY22
Byju's founder raising money to buy back as much as 15% stake in the company: Bloomberg
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https://www.desidime.com/discussions/fintrackr?page=1#post_9006561
Drdrake wrote:These companies CEO's and many take fat salary in their bank account irrespective of their business making profit or notUnrelated but restaurant next to my house knows how to do dhanda better than this over valued companies.
For earning 100rs they are burning 700rs for customer acquisition.
Most of the time it's investors of the company that loose money in case business no longer seems viable.
https://www.desidime.com/discussions/fintrackr?page=1#post_9006588
Drdrake wrote:Unrelated but restaurant next to my house knows how to do dhanda better than this over valued companies.
For earning 100rs they are burning 700rs for customer acquisition.
Online start-ups work different than traditional businesses.
Amazon worked with negative profits for 20+ years but they have won good chunk of market share.
https://www.desidime.com/discussions/fintrackr?page=1#post_9006598
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Original wrote:Online start-ups work different than traditional businesses.
Amazon worked with negative profits for 20+ years but they are have won good chunk of market share.
I know one small blogger who was my competitor 7-8 years back.
100 blogs, 30-50 Play Store apps targeting small niches.
He invested all his earnings into his master idea, and was not even able to break even for 2+ years.
100+ crores, all cash deal was the reward for his courage and risky bet 😅
https://www.desidime.com/discussions/fintrackr?page=1#post_9006605
Drdrake wrote:ab usko bolo isko scale karey...dektey hainUnrelated but restaurant next to my house knows how to do dhanda better than this over valued companies.
For earning 100rs they are burning 700rs for customer acquisition.
https://www.desidime.com/discussions/fintrackr?page=1#post_9006615
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If you see there past balance sheet there ratio was always 1:1.3/1.5 (for customer acquisition)
I was just going through a case study past week of mama earth & was shocked looking at there number. They are spending 780rs for customer acquisition for a mere 250rs product.
Apart from that they are planning for ipo with 24k cr valuation & mere 20cr profit. Bus itna confidence chaiye zindagi Mein
Original wrote:True but amazon was dominating since 2003 even in ebay era.Online start-ups work different than traditional businesses.
Amazon worked with negative profits for 20+ years but they are have won good chunk of market share.
If you see there past balance sheet there ratio was always 1:1.3/1.5 (for customer acquisition)
I was just going through a case study past week of mama earth & was shocked looking at there number. They are spending 780rs for customer acquisition for a mere 250rs product.
Apart from that they are planning for ipo with 24k cr valuation & mere 20cr profit. Bus itna confidence chaiye zindagi Mein
https://www.desidime.com/discussions/fintrackr?page=1#post_9006619
https://www.desidime.com/discussions/fintrackr?page=1#post_9006626
https://www.desidime.com/discussions/fintrackr?page=1#post_9006774
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Original wrote:Online start-ups work different than traditional businesses.
Amazon worked with negative profits for 20+ years but they have won good chunk of market share.
Amazon retail still does not make profit, its amazon's cloud which is saving them.
Amazon failed miserably in China and same path they are going in India .
https://www.desidime.com/discussions/fintrackr?page=1#post_9006785
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Original wrote:95% start-ups will make losses or wind up after a decade or two 😄
fir bhi funding chalti rahegi...
Startup funding summer 2008 to 2021 is gone , its long winter now .
In the name of growth these startups cant burn freely.
Many will cease to exist going forward and mass layoffs is on the card.
https://www.desidime.com/discussions/fintrackr?page=1#post_9006963
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Original wrote:What was the master idea bhai?I know one small blogger who was my competitor 7-8 years back.
100 blogs, 30-50 Play Store apps targeting small niches.
He invested all his earnings into his master idea, and was not even able to break even for 2+ years.
100+ crores, all cash deal was the reward for his courage and risky bet 😅
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