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Date: November 5, 2023
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28 thoughts on “Why startups lose money? #startup #business #entrepreneurship”
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How long will you keep giving them startup tag. They need to get profitable eventually. Some companies in thatist are 15 years old they are not capable of comming up with a viable business strategy? How long will they keep running at loss.
so in short no tax paying.. good or bad.. as far as they atleas create jobs
That doesn't mean file losses become bankrupt and indirectly burn public money
It's called the debt economy. It's supposed to be like this. Overall profits in the early stage is a sure way to shutdown.
I have always found the idea of 10x growth in a year by VC money and VCs investing in startups promising such returns fishy. I think that it's a well planned activity of pump and dump carried out as a joint conspiracy by people working in VC firms and startup founders. For an instance, why Sequoia would invest in CRED after knowing that FreeCharge failed and CRED was another terrible product?
Another thing is, after receiving funding, startups often go with Move Fast and Break Things strategy to reduce time to market but this kind of approach often results into sink of the company.
Giants like TCS, Infosys, Wipro etc. could survive in all weathers with least amount of impact on rainy days is because of their slow and steady strategy while giants like Meta, Amazon, Google and Apple who built house of cards are shaky right now. (They too had solid foundation when they had started but that strategy was wiped away because of greed)
All of them are trying to hold their position in the markets
What is innovation in any of these. Innovation comes from R&D whereas all of these are just app most of them delivers goods or services. Investors ko c****a banate hain aur hum customers cash flow ke maze lete hain😂.
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