What he says about street businesses is so true,In these times our generation just gets overwhelmed by whatever is sold to us on social media,real business is on the streets,so so true.💫
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Local business are facing tough competition from D Mart and other offline corporate operated chain of outlets,online like Amazon, Flipkart, Pharma online They reached even tier 2 cities,and even villagers are buying online , Inspite of these issues local business are continuing,and even number of business are also growing
This whole scenario is actually creating a bad image and if this isn't stopped soon There will be a time when foreign investors won't invest on Indian businesses anymore
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google and other US startup companies have built some of the best technology. What have these Indian startups built? Can you tell me a single patent they have filed? They have only bloated their valuations.
Msmes need to be celebrated... They are the real backbone of India's entrepreneurship boom. And yes they are churning out real value creation at an unfathomable level.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Rajiv spoke my heart. Completely. Most of the so called entrepreneurs are just on twitters doing gyaanbaazi. I mean if they are here to make business, then they are expected to be in office and work in actual. I've seen many entrepreneurs who are engaged on Twitter for the entire day. Falana dhamka is done by them. Startup startup is a fancy thing today. Generation is getting spoiled by following the trend of getting dropout and go for start-up. It's a SCAM. Rajiv is absolutely true. 🔥
Value addition, is the most appropriate comment made by Rajiv. There is an interesting definition of "Business entity" in the accounting standards of India. It's a Profit making and a continuous entity. I have not seen many start-ups talking about on how to make profits except some X number of users being added and forget about continuity as both founders and investors are always thinking of selling or "exiting" with X returns from day1. And the worst part is, many of start-ups are not even solving real problems in the society
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google is profitable..at least in some businesses and the founders still continuing to foster it..or even if they exit they have already done profitable business Now which part you didn't understand in argument..my problem is startup that get in only for valuation purposes only
Finally someone talking sense I never understood companies celebrated for burning money and have 50x or 100x valuation. i would rather give a kirianawala money than a startup guy.
Very well put. I am a very strong believer of traditional business (job and value creation) over valuation business and this is something I always tell my husband may burst at some point of time!
Seriously, truly gem in the 7 minutes of video that you will never able to know in other startup business' videos. He is talking about the real situation in India. The thing is that we are trying to imitate and building our Indian startups like they do in USA and UK and although those things work for few businesses but Indian market, customers and Indian startup ecosystem is completely different from whatever we see on UK, USA and on social media.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
I was a corporate banker funding sme , midcorp, large corporate for a leading public sector bank. I left my job and choose conventional business which is almost bootstrapped rather than working on a vague business idea standing tall only on funding rounds. Your words are an exact replica of my thoughts I had 7-8 yrs back. Bhai koi small aur micro enterprises ko fund karne kyun interested nahi hai.. I cater to Mumbai's real estate industry as a vendor... 7-8 yrs main market slow down, note bandi ( very bad for development of projects), GST implementation, DP 2034 confusion, coronavirus, product substitution etc. sab dekh le khada hu... Conventional businesses have strong foundations but takes time to grow unlike start ups. P&L main profit dikhne ki khushi tum kya jaano start up walo... Loss leke aaye the loss karke jaayenge. Anyways joke apart, how should I connect with u?
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
We loud OYO , flipkart , byju etc all these startups combined losses are 2 billion us dollars in just two financial quarter so he is right . we see this figure of 10 billion valuation which is on paper , no real value produced
very correct not from argument perspective....but from a Indian conservative people business models ....this start up thing which started like a revolution but there is no proper shock absorbers to take shock of loss....very great video.
Value Creation and Valuation - 1. What we understand it is without Tax Liabillities in case of 50,00,000 in each week. 2. I agree with Non Glamerous Manufacturing MSME sector
Wow. I had a gut feeling, a strong sense of the exact words being spoken here and finally someone said it. Speaking & hearing the raw truth is not everyones cup of tea. Its not about condemning a belief system but rather bringing a new perspective to light which people are completely oblivious to.
This is absolutely true. Entrepreneurs are not solving real problems but rather focused on fund raising. And boy if you criticize them publicly! They’ll lynch you and call you all kinds of names.
This man just spoke the truth man. There are so many college students right now who want to startup and just get funding. They dont focus on the business side of this. Its just a fund raising game which becomes a pump and dump.
Completely agree with what he said also it's ok of the startup is making loss initially provided their vision on breakeven and how they are going to scale.
This is video Sir...this video really connected us with you....then our transformation journey started after that from November.... thankyou thankyou for saying this truth....it is the fact that is happening.
I love how Raj Shamani’s face loses colour at 1:33 😂😂. He knows he is the part of the circus! Rajiv Talreja is a MSME hero. I have heard so many small scale businessmen who listen to him and scale accordingly and my father is one of them.
Its not only Indian Startup ecosystem, its everywhere... There are many startups that are profitable everywhere and there are many startups burning money everywhere...
Very well said sir. Today we have become a population of blind "followers" on social media. Badi badi baatein sun ke inn so called entrepreneurs ki sabko Aisa lagta hai ki profit ho ya na ho.. next investor zaroor milna chahiye .. truly said "start up circus "
I am currently building my company "Anjaniputra Games". I am from middle class, my college tell me to enter in their incubation as startup but after spending some days there I feel the same ki yhe sab farzi wada hai. They just play game to show valuation but inner side nothing. So i decided to be the solo one to build my empire by my own. Nhi chahiye yhe ghatiya circle
Exactly True.. This startup thing has become soo big and false too that Once they receive money next day the same company will vanish out. This needs to be changed. The Valuation Strategy should be changed and Evaluated very vigorously..
Indian startups are solving common people problems and making life easier. Millions of people using Shaadi, Zomato , Swiggy, Flipkart. The whole India is using Bharat pe. So, calling it a scam is a scam itself.
All Is 100% Fact... Its true, very informative... I Am msme owner. Muje bhi ye sab valuation dekh ke chakkar aate he. Khas kar ke jo shark tank me khel hote he wo sab dekh ke...
Don't mind calling Loss making Startups absolute loss are called "The Leaky Wallet" "The Money Pit" "The Bottomless Bucket" "The Cash Drain" "The Bankruptcy Bistro" "The Deficit Diner" "The Losing Lottery" "The Negative Nest Egg" "The Red Ink Restaurant" "The Failed Fortune
Sir! Your contents are being very useful for me! But I'm from Sri Lanka and I don't know a single word in Hindi except for the phrase "kuchu kuchu hoothahae" (I don't even know what it means btw) LOL!😅 So next time when you make videos, please try to avoid Hindi (language) as much as possible OR you can just simply consider adding a subtitle to those particular tracks which are in Hindi :) Great fan of your works and really appreciate all your efforts!
I feel the ideology giving back has been the reason for the mess. It all started when Gpay started paying back for transactions to gain users. Now, most of the startups that run on internet (app) is doing same and to reach that level they are going for funding raising valuation. how come a 22 cr profit company can have 20k valuation. senseless
100% right. I shut down my boot strapped startup recently only becuz of these reasons. 1. The startup scene is all about valuation and not p&l. 2. Businesses are meant to boost economy , create jobs and of course the by product is that you make money. This doesn't happen in a startup coz when you get funded, you make big teams only to sack them all later. 3. All losses are just sent to the IPO and dumped on the economy. 4. Coz of these startups that get funded well, boot strapped startups can never ever compete with the hyped up advertising and marketing costs. CPA doesn't make any sense and you end up never seeing profits. He is absolutely right in telling to start a traditional business rather than a startup which can always be in losses and just make the foreign investors rich at their exits.
Not entirely true. Some start ups are meant for mass market and capturing the market in short span of time is essential to avoid competition. They do generate value, only thing is they don't hit the profits from day one, it takes years for them to get profitable. But that's just fine as long as they're getting funded and funders are ok with this plan.
I still think startup could still work as outsourced R&D for big companies. However, valuation rule doesn't function well in efficient financial market too.
Exactly that’s why people are going bootstrapped , let the time take its own course. Start small and give about 5 years . Don’t try to go for funding . Work on small ideas and then scale.
Mr. Rajiv is spot-on here. I always wonder how come people in small cities are building businesses with millions while these startups are losing millions. I understand the promise of a future return but for a future return to come, the basis has to be value. IPOs regulations need to addressed. Don’t allow a company making losses to issue IPO.
I agree with him to a large extent, but we cannot ignore the employment and the taxes they generate, that is probably the only reason why a loss making company is allowed to go for an IPO
First time I found these vid podcast interesting.instead of mysterious gigantic monsters in sea or mountains he spoke out truth at roots level that everyone is aware and not speaking out loudly enough. Tax evasion , fundraising and frauds that are happening.
There's two types of startups; 1. Startup One with value generating idea and VC funding that wants to capture mass market in a short period of time by skipping the traditional business routes of step-by-step boot strap expansion approach, therefore point of profitability is planned for a later years of the business. Ex: Ola EV Company 2. Startup Two with value generating idea with VC funding that wants to go traditional business route of step-by-step expansion approach. To create a stable business backed by refined product and services, thus higher value offering. Ex: Ather EV Company
Startups are burning money today but tomorrow they will focus on value creation. The startups scene has given chance to many people to build new age businesses from scratch and solve problem which many traditional businesses won’t do. Startup scene because of available funding has become low entry for barriers budding entrepreneur. This guy’s hate for startup space is not understandable. Flipkart, Ola, zerodha, Nyka were all startups and have given numerous employment opportunities. It’s not just about tax evasion but employment creation as well
Swiggy fired 380 employees recently, BYJUs fired 1000 employees in Oct 2022; it was a sponsor in the FIFA world cup. Moreover, this guy is right, MSMEs provide employment to organised as well as unorganised sector. Also, the issue is reckless cash burn. Some exceptions include Zerodha
If you're an entrepreneur/Businessman, NEVER do these 7 Mistakes: th-cam.com/video/el99DQQpWuQ/w-d-xo.html
Will you invest in e waste Rajiv ?
Well said
Rajiv Talreja is himself now involved in a scam
What he says about street businesses is so true,In these times our generation just gets overwhelmed by whatever is sold to us on social media,real business is on the streets,so so true.💫
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Local business are facing tough competition from
D Mart and other offline corporate operated chain of outlets,online like Amazon, Flipkart, Pharma online
They reached even tier 2 cities,and even villagers are buying online ,
Inspite of these issues local business are continuing,and even number of business are also growing
but local market me top 0.1% bande hi weekly 50 lac ka net gain ghar le jaa paate honge
This guy is absolutely right. Startups are loss making enterprises and founders are just playing the valuation game
This whole scenario is actually creating a bad image and if this isn't stopped soon
There will be a time when foreign investors won't invest on Indian businesses anymore
@@neeladrikarmakar7985 that's the truth. Anything that is based on lies won't sustain
@@Akshay_p_kumar you're being too kind, this is not just lies
This is daylight robbery lol
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google and other US startup companies have built some of the best technology. What have these Indian startups built? Can you tell me a single patent they have filed? They have only bloated their valuations.
Msmes need to be celebrated... They are the real backbone of India's entrepreneurship boom. And yes they are churning out real value creation at an unfathomable level.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Yes sure
Superb. He is exposing the real truth about startups. 👌
This is incredible
I work for a startup and this is apt in every sense.
I hope many businesses run bootstrapped and provide value over the years.
Rajiv spoke my heart. Completely.
Most of the so called entrepreneurs are just on twitters doing gyaanbaazi. I mean if they are here to make business, then they are expected to be in office and work in actual. I've seen many entrepreneurs who are engaged on Twitter for the entire day. Falana dhamka is done by them. Startup startup is a fancy thing today. Generation is getting spoiled by following the trend of getting dropout and go for start-up. It's a SCAM. Rajiv is absolutely true. 🔥
Value addition, is the most appropriate comment made by Rajiv. There is an interesting definition of "Business entity" in the accounting standards of India. It's a Profit making and a continuous entity. I have not seen many start-ups talking about on how to make profits except some X number of users being added and forget about continuity as both founders and investors are always thinking of selling or "exiting" with X returns from day1. And the worst part is, many of start-ups are not even solving real problems in the society
You are absolutely right
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google is profitable..at least in some businesses and the founders still continuing to foster it..or even if they exit they have already done profitable business
Now which part you didn't understand in argument..my problem is startup that get in only for valuation purposes only
guys again ur mixing bania model with startups... 😂 this is not how it works. most startups dont do business....
Finally someone talking sense I never understood companies celebrated for burning money and have 50x or 100x valuation. i would rather give a kirianawala money than a startup guy.
Kiranawala doesn't want your money. He's making enough and investing in real estate and passive income. 😀
Very well put. I am a very strong believer of traditional business (job and value creation) over valuation business and this is something I always tell my husband may burst at some point of time!
Agree, Mama Earth valuation of 1000 of crores with a profit of just few crores is a prime example of this.
Ise bolte hain 'mamu bana diya'
mama earth is not a startup. its nothing new, just copy of old products with new packages. this does not reflect real startup.
Their products are also not that worth they have only invested lots of money in advertisements and marketing that's it
Truly said Sir, we have to celebrate and talk about India based traditional entrepreneurs and MSME, their experiences and challenges
You verbalized what most ppl are thinking. Except the grocery part. These ppl avoid taxes and pay pathetically. FYI, I am Sindhi too.
True about taxes, but they still spend most of their money in the Indian economy, instead of taking all profits to another country.
Seriously, truly gem in the 7 minutes of video that you will never able to know in other startup business' videos. He is talking about the real situation in India. The thing is that we are trying to imitate and building our Indian startups like they do in USA and UK and although those things work for few businesses but Indian market, customers and Indian startup ecosystem is completely different from whatever we see on UK, USA and on social media.
Please elaborate what do you mean?
You touched the right chord Rajiv! Just Love your perspective!
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
This is true discussion - Welcoming more for healthy Market - Healthy players and true value for consumers
I was a corporate banker funding sme , midcorp, large corporate for a leading public sector bank. I left my job and choose conventional business which is almost bootstrapped rather than working on a vague business idea standing tall only on funding rounds.
Your words are an exact replica of my thoughts I had 7-8 yrs back.
Bhai koi small aur micro enterprises ko fund karne kyun interested nahi hai..
I cater to Mumbai's real estate industry as a vendor... 7-8 yrs main market slow down, note bandi ( very bad for development of projects), GST implementation, DP 2034 confusion, coronavirus, product substitution etc. sab dekh le khada hu...
Conventional businesses have strong foundations but takes time to grow unlike start ups.
P&L main profit dikhne ki khushi tum kya jaano start up walo... Loss leke aaye the loss karke jaayenge.
Anyways joke apart, how should I connect with u?
Insightful feedback
Been a fan of Rajiv and it's bold and clear approach to towards business.. everything he said in the video is truth.
Hats off Sir... Wt an explanation... Need more such informative videos to know d truth...
Rajiv - It's time for people like you and me to come forward and educate youth and people also create a platform for real profit makers
Absolutely agree. Basics of business is net profits.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
We loud OYO , flipkart , byju etc all these startups combined losses are 2 billion us dollars in just two financial quarter so he is right . we see this figure of 10 billion valuation which is on paper , no real value produced
You forgot Zomato
Oyo, zomato, flipkart these are really good services. He is probably not talking about them
very correct not from argument perspective....but from a Indian conservative people business models ....this start up thing which started like a revolution but there is no proper shock absorbers to take shock of loss....very great video.
Value Creation and Valuation -
1. What we understand it is without Tax Liabillities in case of 50,00,000 in each week.
2. I agree with Non Glamerous Manufacturing MSME sector
RESPECT
Hopefully this video reaches out to more and more. Thank you for speaking what's actually going on.
Wow. I had a gut feeling, a strong sense of the exact words being spoken here and finally someone said it. Speaking & hearing the raw truth is not everyones cup of tea. Its not about condemning a belief system but rather bringing a new perspective to light which people are completely oblivious to.
Rajiv Sir, want to know more on this. Your speech, facts, and ideas, simply enlightening 🙏
Well said. At least he is courageous to express his personal views and is speaking Truth 🙏
Definitely the real talk! Lobbying is the new start-up. 😎
Rajiv, you are amazing 👏 man. 1st time I am hearing truth in India.
Well said and Nicely ellaborated abt the startup's.....
Exactly my words!! Infact wanted to write a blog about it. The ones I know heading startups are mostly talkers, bull shitting their way up
He's damn right!!
So called startups like "mba chai wala" & shit r ruining the startup ecosystem nd it's true meaning!!!!!!!
I think they are not start us they are just franchise business
@@theintrovertedextrovert1744 Yes
This is absolutely true. Entrepreneurs are not solving real problems but rather focused on fund raising. And boy if you criticize them publicly! They’ll lynch you and call you all kinds of names.
"Iski Topi Uske Sir" is the apt line to discuss the whole video.
This man just spoke the truth man. There are so many college students right now who want to startup and just get funding. They dont focus on the business side of this. Its just a fund raising game which becomes a pump and dump.
Completely agree with what he said also it's ok of the startup is making loss initially provided their vision on breakeven and how they are going to scale.
Love him for his brutally honest opinions.
This is video Sir...this video really connected us with you....then our transformation journey started after that from November.... thankyou thankyou for saying this truth....it is the fact that is happening.
Such and Honest Review. How startups have Ruined the common mans life.
Absolutely true... Unfortunately selling equity, not the product has been the key of success..
100% right. Rajiv ji U R True Genius and a guide for Indian entrepreneurs
Real eye-opener. But I was confused as to who the host is!
This guy Raj Shamani is the perfect example of scams! Great find!
It is great, some one have some courage to express the reality.
i watched this full interview at raj shamani channel. i love it
Bang on.. Loved everything what you said.
I love how Raj Shamani’s face loses colour at 1:33 😂😂. He knows he is the part of the circus! Rajiv Talreja is a MSME hero. I have heard so many small scale businessmen who listen to him and scale accordingly and my father is one of them.
Its not only Indian Startup ecosystem, its everywhere... There are many startups that are profitable everywhere and there are many startups burning money everywhere...
Very honest commentary i have listened to thanks Rajiv
Very well said sir. Today we have become a population of blind "followers" on social media. Badi badi baatein sun ke inn so called entrepreneurs ki sabko Aisa lagta hai ki profit ho ya na ho.. next investor zaroor milna chahiye .. truly said "start up circus "
I am currently building my company "Anjaniputra Games". I am from middle class, my college tell me to enter in their incubation as startup but after spending some days there I feel the same ki yhe sab farzi wada hai. They just play game to show valuation but inner side nothing.
So i decided to be the solo one to build my empire by my own. Nhi chahiye yhe ghatiya circle
I am not sure about his knowledge but that’s how any startup ecosystem in any country started. Billionaire who is investing is not an idiot.
So bloody right! Valuation has become the mission statement
What a podcast ,.... Just loved it
Perfect analysis!
Is this a dream?
He is the guy who is uttering sheer truth.
Woah!
Loved the clarity given in this , hats off
Blunt and straight forward...great guy...liked him.
Precise and direct analysis so do called Startup ecosystem in India, 👍👍
Good to find a sane man who can see through the charade
You are absolutely right ✅
You earned a subscriber, Rajiv ...so true! The "Valuation" game is a Scam!
You spoke young entrepreneurs heart 🙏💜
True Gem , eye opener, enjoyed every word 🌟
Value creation exercise ~ circus of valuation …. That was GOLD.
Precisely the case.
i follow ur videos sir.. love the honesty in talks..
Exactly True.. This startup thing has become soo big and false too that Once they receive money next day the same company will vanish out. This needs to be changed. The Valuation Strategy should be changed and Evaluated very vigorously..
Wow! Your principles truly resonate deeply.
Rajiv 👏🏼👏🏼👏🏼
Even though in shark tank, they talk about only valuation or not something like profits or revenue, rarely heard on that show.
True and great talk of start up culture
Huge Respect 🙌 👏 🙏
Indian startups are solving common people problems and making life easier.
Millions of people using Shaadi, Zomato , Swiggy, Flipkart. The whole India is using Bharat pe. So, calling it a scam is a scam itself.
He sells 100 rs courses teaching business and calls other businesses scams. He has some fair points but lot of heart burn too
@@utpalghosh9225 Era negative manush
@@sudiphui4566 Bitter ...because they had to sell 100 rs course
@@utpalghosh9225 Ironically, his own business and courses are the real scams😂
All Is 100% Fact... Its true, very informative... I Am msme owner. Muje bhi ye sab valuation dekh ke chakkar aate he. Khas kar ke jo shark tank me khel hote he wo sab dekh ke...
Don't mind calling Loss making Startups absolute loss are called
"The Leaky Wallet"
"The Money Pit"
"The Bottomless Bucket"
"The Cash Drain"
"The Bankruptcy Bistro"
"The Deficit Diner"
"The Losing Lottery"
"The Negative Nest Egg"
"The Red Ink Restaurant"
"The Failed Fortune
Sir! Your contents are being very useful for me!
But I'm from Sri Lanka and I don't know a single word in Hindi except for the phrase "kuchu kuchu hoothahae" (I don't even know what it means btw) LOL!😅
So next time when you make videos, please try to avoid Hindi (language) as much as possible OR you can just simply consider adding a subtitle to those particular tracks which are in Hindi :)
Great fan of your works and really appreciate all your efforts!
Finally someone is exposing this bubble 🙂
so true!
I truly agree with what this guy MSMEs are real heroes...
True words "today startup is valuation game"
Completely Agree with you Sir 💯
this guy is making so much sense!
Finally some sane voices...
Where is the full talk?
I feel the ideology giving back has been the reason for the mess. It all started when Gpay started paying back for transactions to gain users. Now, most of the startups that run on internet (app) is doing same and to reach that level they are going for funding raising valuation. how come a 22 cr profit company can have 20k valuation. senseless
100% right. I shut down my boot strapped startup recently only becuz of these reasons.
1. The startup scene is all about valuation and not p&l.
2. Businesses are meant to boost economy , create jobs and of course the by product is that you make money. This doesn't happen in a startup coz when you get funded, you make big teams only to sack them all later.
3. All losses are just sent to the IPO and dumped on the economy.
4. Coz of these startups that get funded well, boot strapped startups can never ever compete with the hyped up advertising and marketing costs. CPA doesn't make any sense and you end up never seeing profits.
He is absolutely right in telling to start a traditional business rather than a startup which can always be in losses and just make the foreign investors rich at their exits.
Your start up name..
Not entirely true. Some start ups are meant for mass market and capturing the market in short span of time is essential to avoid competition. They do generate value, only thing is they don't hit the profits from day one, it takes years for them to get profitable. But that's just fine as long as they're getting funded and funders are ok with this plan.
Points are Valid!
Thanks Guru ❤️ this why I call you Guru. 🤗🇮🇳
Intelligent words!
this is what my marwadi family has always thought me profit is basic of dhanda my father lol when he watch news startup burning cash
Thank you very much sir for this video....
Very very true😊....
I still think startup could still work as outsourced R&D for big companies. However, valuation rule doesn't function well in efficient financial market too.
Exactly that’s why people are going bootstrapped , let the time take its own course. Start small and give about 5 years . Don’t try to go for funding . Work on small ideas and then scale.
Well said lipika
Mr. Rajiv is spot-on here. I always wonder how come people in small cities are building businesses with millions while these startups are losing millions. I understand the promise of a future return but for a future return to come, the basis has to be value. IPOs regulations need to addressed. Don’t allow a company making losses to issue IPO.
I agree with him to a large extent, but we cannot ignore the employment and the taxes they generate, that is probably the only reason why a loss making company is allowed to go for an IPO
First time I found these vid podcast interesting.instead of mysterious gigantic monsters in sea or mountains he spoke out truth at roots level that everyone is aware and not speaking out loudly enough. Tax evasion , fundraising and frauds that are happening.
There's two types of startups;
1. Startup One with value generating idea and VC funding that wants to capture mass market in a short period of time by skipping the traditional business routes of step-by-step boot strap expansion approach, therefore point of profitability is planned for a later years of the business. Ex: Ola EV Company
2. Startup Two with value generating idea with VC funding that wants to go traditional business route of step-by-step expansion approach. To create a stable business backed by refined product and services, thus higher value offering. Ex: Ather EV Company
Startups are burning money today but tomorrow they will focus on value creation. The startups scene has given chance to many people to build new age businesses from scratch and solve problem which many traditional businesses won’t do. Startup scene because of available funding has become low entry for barriers budding entrepreneur. This guy’s hate for startup space is not understandable. Flipkart, Ola, zerodha, Nyka were all startups and have given numerous employment opportunities. It’s not just about tax evasion but employment creation as well
Swiggy fired 380 employees recently, BYJUs fired 1000 employees in Oct 2022; it was a sponsor in the FIFA world cup. Moreover, this guy is right, MSMEs provide employment to organised as well as unorganised sector. Also, the issue is reckless cash burn. Some exceptions include Zerodha
Flipkart, ola, zerodha, etc have just digitised the middleman.