Entrepreneur

Entrepreneur's perspective - sharing the true 'dark' 'candid' 'realities' faced by start-ups

[Entrepreneur @startup_reality]

75L orders/day is all time high.
@zomato makes ~₹2 gross per order.
MAX gross margin of ₹1.5cr/day.
Thus, it cannot make more than 250cr/yr gross.

Its market CAP is 2.5L crore.. -> 10,00x ideal rev
Crazy !

Kudos to marketing skill and mind washing Indians and India market.

[Deepinder Goyal @deepigoyal]

Zomato and Blinkit delivered at a record pace yesterday, unaffected by calls for strikes that many of us heard over the past few days.

Support from local law enforcement helped keep the small number of miscreants in check, enabling 4.5 lakh+ delivery partners across both platforms to deliver more than 75 lakh orders (all-time high) to over 63 lakh customers during the day. This happened without any additional incentives for delivery partners - NYE does see higher incentives than usual days and yesterday was no different than the past NYE days.

I am grateful to local authorities across the country and to our teams on the ground for clear enforcement and swift coordination.

Most importantly, thank you to our delivery partners who showed up despite intimidation, stood their ground, and chose honest work and progress.

One thought for everyone: if a system were fundamentally unfair, it would not consistently attract and retain so many people who choose to work within it. Please don’t get swept up by narratives pushed by vested interests.

The gig economy is one of India’s largest organised job creation engines, and its real impact will compound over time, when delivery partners’ children, supported by stable incomes and education, enter the workforce and help transform our country at scale.

[Entrepreneur @startup_reality]

The International VC actually bet not in Indian market but the callousness of Indian SEBI and laws + mouldable founders.

It's a failure of @nsitharaman @narendramodi govt.

There is not even 1 VC funded IPO startup who is not "pump and dump" in India

[Entrepreneur @startup_reality]

Pump and Dump !!
That got Harshad Mehta in Jail.. But the VC+Founder doing this consciously are all free. Why ??

[Aviral Bhatnagar @aviralbhat]

Ola Electric's stock has fallen by 78% from its peak and is struggling

While the promoters still hold ~4,000 Cr in paper value of company stock, this messaging makes it clear none of it can be sold till things turn

Public liquid stock is practically illiquid

[Entrepreneur @startup_reality]

Dear VC's,
With the (funding) winter coming.

Please don't blame founders for hyper cash burn and flimsy business model

You invested in a business trying to sell ice to an Eskimo. Took pride in the icy product and Excel masturbated on its valuation and growth.

Blame is on you!

[Entrepreneur @startup_reality]

This dog is the lead investor in #startup funding. ;)

[Mark Tomasovic @MarkTomasovic]

Sheep dog clears traffic jam

[Entrepreneur @startup_reality]

This in essence is the VC unicorn 🦄 model.
Hype the valuation >> get listed & cash out >> fuck public money or company after.

Imagine why else is company with no business model or profit be valued Billions of $.
The LP's make decent 25-75% returns on their investments

[Entrepreneur @startup_reality]

This in essence is the VC unicorn 🦄 model.
Hype the valuation >> get listed & cash out >> fuck public money or company after.

Imagine why else is company with no business model or profit be valued Billions of $.
The LP's make decent 25-75% returns on their investments

[Deepak Abbot @deepakabbot]

Bull run in 2021? Think again. Intl Tech IPOs that launched in 2021 are facing the heat of overvaluation

[Entrepreneur @startup_reality]

Now suddenly all the VCs will start preaching profits and frugality.
After years of crazy funding and pushing founders to burn $.
#startups

[Entrepreneur @startup_reality]

Mark my words.. when this bubble bursts people in postions like his should be made accountable for public loss and cheering fads like this.

[Entrepreneur @startup_reality]

This is most stupid thing the "Government" should cheer about.

Many unicorns are in many ways a mechanism to market big and sell to common man (IPO) and get international money out.. (read Paytm IPO details)

Most Fooling with fluff than real profitable business in India.

[Amitabh Kant @amitabhk87]

Three startups are turning unicorn every month in India An incredible story of innovation from the time #startupindia was launched by PM @narendramodi in 2016. 40 startups have already entered the Unicorn club in 2021 - a defining year in the evolution of the startup ecosystem.

[Entrepreneur @startup_reality]

Govt of India has been carelessly slow in understanding and making laws around doing public good.
Recent crypto laws, new loss making IPO'ed companies mis-using public fund to fund startups rather their make own busines profitable.

[Entrepreneur @startup_reality]

This actually is #Infoedge group policy.

[Sameer Parwani @sparwani]

Best way to learn confidential info about a startup? Pretend you're interested in investing or acquiring

In a roundabout way, sounds like that's what PolicyBazaar is admitting to doing.

[Entrepreneur @startup_reality]

All #Startup founders to their VCs

[Vani Kola @VaniKola]

Collect memories, not things.

[Entrepreneur @startup_reality]

Founder: *after burning 10B*..
**ok this is not possible**..
Goes back to Masa..

Masa:

Founder:"human intelligence is not enough to do this, I will use AI now"

Masa: "wow!!. Here pls take this 10B$ more"

[Entrepreneur @startup_reality]

Noob investors says this.

Founder: "I can build a good hotel chain"

Masa Son(visionary): "I will give you 10B$ can you open hotel on Everest ?"

Founder: "sure.. why not?"

[Entrepreneur @startup_reality]

Actually it takes #startups only 5 mins with Masa, to become a unicorn.

[TiE Delhi-NCR @TiEDelhi]

It takes #startups just 5-6 years to become a #unicorn in #NCR. #TurbochargingDelhiNCRStartupEcosystem

[Entrepreneur @startup_reality]

#FundRaising in #startups. 😂

[Entrepreneur @startup_reality]

@DineshAgarwal Sir, seriously how do you not get frustrated and confused yourself when you see many such startups raise crazy money for 1% of the work you did..
IPO is a BIG thing.. but these practo's raise shit load more at higher value.

[Entrepreneur @startup_reality]

Let's call it "Masa Mayhem" please

[Entrepreneur @startup_reality]

Same.. in VC world too

[Rajesh Sawhney 🇮🇳 @rajeshsawhney]

Public Sector Banks bleeding

Shit show continues, even though we are told Indian Economy is robust and growing!