Few months ago, mama earth CEO compared it's losses with Amazon saying, "Amazon too made losses". Now Firstcry is IPO bound with their losses being 6x in 2023 and also justifoed it.
Amazon made a loss Because they invested all their profits into R&D
Most startups are making a loss because they are selling products at a discount to show high GMV
Both are not same...
I am yet to see a single big success story in India startup ecosystem which justifies 'India has arrived' and so much VC's exuberance .
Amazons losses were negligible compared to their revenue unlike these morons
Also, allegedly Amazon showed losses to prevent taxation, even though they were profitable.
Founders don't have a choice. Having raised funds or when trying to raise funds, a founder who says "we are fucked" won't be appreciated for honesty. When you want to catch the big fish you got to feed a bigger bait.
As we can see only 3-5% Indian startups become profitable and rest of are still in the loss. But Cred , Zomato, Paytm and many more loss making companies are still in the market with tag of "Unicorn". Ye kaise possible ho paa rha hai.. i...
After 16 years of existence should we still call Flipkart a startup?
This is somewhat misleading. Walmart isn’t looking for a profit, but to maintain the foothold in Indian market....
Even Amazon India isn't profitable on India operations even after 10 years of its launch - it's infact massively loss...
Hi Grapevine,
I'm Sajith, Partner at Blume Ventures, where I oversee consumer and India B2B investments.
I am a long-time media executive turned VC. After a two-decade-...
Hey Sajith, Great to see you here and very much thanks for doing this. 1. What factors does Blume consider whil...
Hi Sajith, Blume Ventures is a dream for many. Here's a simple question: How do you know when a portfolio c...
Hey Sajith, Really great to meet you Your portfolio consists of Edtech startups, but unfortunately we have seen ...
Most of the startups are in loss and have no clue whether they would be able to make it to IPO, I've always been wondering how come so they get the funding in hundreds of millions?
Even though the early investors seek to make money off ...
