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India comes second in unicorn race in Q3

lonelyman

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Man... Listed companies will not be called Unicorn startups. It is based on the amount they raise from VCs and the shares they hold which gives the exact valuation of the company. And those with over a billion in valuation is called a unicorn. Once you apply for IPO you become a listed company or you loss unicorn status if some other company acquire it.

You're just jealous.
India just have a large population, that’s why

it’s like lump all Africa countries together and call them Africa, wow, look out gdp! We are supa powa :rofl:
 

DrJekyll

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Unicorn or not, I like the present dynamism in the Indian startup ecosystem and apart from the gross salary disparities I don't have anything to complain about. Whether private equity is a bubble or not is not my concern. Those obscenely rich folks who invest in PE need to worry about their money. A bubble in the PE market is better than a bubble in the stock market where retail investors' money is at stake.

I don't believe in undermining our unicorns. Most of them are in the B2C segment and act as aggregators. By providing a platform for small entrepreneurs to operate, they have given them an alternative to predatory landlords, expensive marketing and high entry barriers. All is not hunky dory, but there is no magic wand.
 

Splurgenxs

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Most times corporate projections are silly. Some years ago some MBA types of a certain "respectable" "business analysis" company ( I don't remember which ) projected that the laptop industry will generate so much more money by 2030. They just said that based on current profits without thinking that laptops might not even exist in 2030. And currently we have the Apple Glass wearable display ( spectacles-based ) that is set to be released in a year or so and which will give the wearer a display size of a regular desktop or laptop. These MBA-type business analysts should really be consulting futurists when making projections and then too they might be wrong in some things.
Projections and Probabilities have an important role in everything , from Economics to Ai.
Most of the time people like to hear what they agree with , that's where they fail.

Well, some profitable businesses might not be desired at all. Like in India the Royal Enfield company is profiting by selling newer as-noisy Bullet motorcycles when instead two-wheelers ( and privately-owned personal cars ) should have been banned in the country. Also profitable in India are companies for dog things - food, clothing etc.
Desirable by what standards ? idealism , value , safety , aesthetics? Like drugs in a society is bad.
general economics states that anything that is profitable is generally desirable.
 
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MH.Yang

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Man... Listed companies will not be called Unicorn startups. It is based on the amount they raise from VCs and the shares they hold which gives the exact valuation of the company. And those with over a billion in valuation is called a unicorn. Once you apply for IPO you become a listed company or you loss unicorn status if some other company acquire it.

You're just jealous.
Take a look at the unicorn company standard released by China in 2020:
1. The market value of the company is more than 7 billion yuan CNY (US $1 billion);
2. Have original or subversive technology;
3. Have a business model that is difficult to replicate;
4. The establishment time shall not exceed 10 years;
5. Comply with the current policy guidance and there is no major negative public opinion.
IMG_20211019_205345.jpg

 

jamahir

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Projections and Probabilities have an important role in everything , from Economics to Ai.
Sure but they have to be based on ambition, reality and sensibility.

Desirable by what standards ? idealism , value , safety , aesthetics?
Yes you are right and in the case of my two examples - harmony and empathy ( with cats ). Reimagine an India removed of most traffic accidents, pollution, crime and general chaos brought through ban on privately-owned personal transport vehicles. Reimagine an India removed of the currently fashionable dogs and the reintroduction of the sublime creature called the cat. These two would go a long way in bringing some civilization and harmony to India.

Basic economics states that anything that is profitable is generally desirable.
Certainly but within reason.
 

dani191

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what metter how money you raise
dollar raise are forigain curroncey eneter the economy
 

tower9

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China is experiencing a pullback right now because the excesses in the real estate and financial markets are being curbed from what I understand.
 

halupridol

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Bhakts can sell thr mother n still clap,,,,, screaming bharat mata ki jai,without blinking.
 

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