Tinu Manvanth

YNWA

[h @htomufc]

Phillips Oneblade has changed my life

[Tinu Manvanth @zinstin]

@WhoScored Do one for stevie g

[ಸಜಿತ್ @SajithGowda]

Same old formula.

[Tinu Manvanth @zinstin]

my mate govind is single
- punjabi
- 6'10
- aurtistic
- structured jawbones
- low cortisol
- mogs everyone in the room
hit him up huzz

[Darshita Patankar @_darshi]

There is a difference between lazy cultural representation and actual vernacular craft.

Hand-painted lettering and truck art come from real artists, real effort, and years of visual tradition. So when “truck art” is used like an insult, it reduces an entire art style into a stereotype.

The problem is not the art style. The problem is the way it is being looked down upon without understanding the people and skill behind it.

[Tinu Manvanth @zinstin]

@nasnzeke Fr gang

[Tinu Manvanth @zinstin]

sorry guys I'm offline

[stonks qween @stonksqween]

Not a single hot guy in any of the bangerlore pictures

[Tinu Manvanth @zinstin]

happy birthday @KuppamAkhil mate pick me up at 6 pm at nandos

[Tinu Manvanth @zinstin]

@jdickenson1990 @htomufc just as you explained

[͏ vishal | ವಿಶಾಲ್ @vijoshy]

NUKE that flyover RN im so serious

[milk @iShowShitpost]

WW3 all because some guy didn't want to admit that he diddled kids on an island

[Tinu Manvanth @zinstin]

what the hellieeee

[Dexerto @Dexerto]

A Japanese volleyball player is going viral for his dramatic apology after hitting someone with his serve

[Nithin Kamath @Nithin0dha]

If you take money out of a business as dividends, the effective tax rate is 52% (25% corporate tax + 35.5% on personal income). Through capital gains, it's just 14.95% (with cess).

Why does this matter? Here’s what you should know if you invest in IPOs.

If you're an investor (especially a VC), the math is simple: reduce corporate tax by showing minimal profits or losses. Spend (Burn) on acquiring users, build a growth narrative, and then sell shares at a higher valuation while paying much lower tax.

This spending also makes it harder for competitors to survive. To be clear, we're not discussing R&D spending here, which, incidentally, is very low in India (0.7% of GDP).

What's often overlooked is that VCs are essentially playing a tax arbitrage game. Look at most VC-backed businesses listed in the last few years, the reason they show little or no profit is partly due to this. Once you run a business this way, it's extremely difficult to switch.

Every startup that's 7-8 years old from the time of raising the first round faces constant pressure from VCs for an exit. With almost no M&A opportunities in India, IPO is often the only way out.

The government probably designed this tax arbitrage to incentivize companies to spend money and not just accumulate and distribute. But I'm unsure if the balance is correct. I think it's also creating businesses that aren't very resilient. One prolonged market downturn, and many of these unprofitable companies would struggle to survive.

Two things that make this more interesting:

Unprofitable growth gets valued at much higher multiples than steady profits. A company doing ₹100 cr revenue with 100% growth might get 10-15x, while a profitable one with 20% growth gets 3-5x. So VCs aren't just saving on tax; they're in essence creating a 3x higher exit valuation.

If you're competing against someone burning cash, you almost have to match it to defend market share, even if you don't want to, because of the quirks I mentioned above.

[Tinu Manvanth @zinstin]

Future balon d'or winner.

[CF Comps @CF_Compss]

Florian Wirtz - 25/26

Ready to Explode.

[Tinu Manvanth @zinstin]

this is extremely dystopian

[90 Days Liquidity @90daysliquidity]

This might be the most insane post on LinkedIn

[unusual_whales @unusual_whales]

AI adoption rates are starting to decline for larger firms, per Apollo:

[Tinu Manvanth @zinstin]

yeah we're cooked

[The Humanoid Hub @TheHumanoidHub]

Dynamic control trained at SUSTech’s ACT Lab in Shenzhen.

[Tinu Manvanth @zinstin]

@htomufc YESS

[ً @capvirgvl]

https://t.co/uiwvxI25qP