Indian Internet company valuations - Stop Blowing Our Bubbles
1–10 of 15 posts
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#21 billion dollar for Flipkart is insane. No USP, minimal recognition, and a lack of focus that drives me crazy. I used to frequent them a lot. Back when they had books as their primary focus. But now they are peddling mobile phones, and everything under the sun with books as an afterthought. Don't get me wrong, they still are the best online book retailer in India and I use them a lot, but if any body on this forum has a better idea, count me in as your first customer.
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#31 billion dollar for Flipkart is insane. No USP, minimal recognition, and a lack of focus that drives me crazy. I used to frequent them a lot. Back when they had books as their primary focus. But now they are peddling mobile phones, and everything under the sun with books as an afterthought. Don't get me wrong, they still are the best online book retailer in India and I use them a lot, but if any body on this forum h…
> But now they are peddling mobile phones, and everything under the sun with books as an afterthought.
So... like Amazon?
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#4According to wikipedia, flipkart was funded by founders with Rs 4 lakh and broke even in 2008, I don't understand how it is loss making. It is certainly not worth $1 billion now, but so was facebook when it was funded by MS. I don't think any body would be so stupid in making decisions as described by the author.
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#5According to wikipedia, flipkart was funded by founders with Rs 4 lakh and broke even in 2008, I don't understand how it is loss making. It is certainly not worth $1 billion now, but so was facebook when it was funded by MS. I don't think any body would be so stupid in making decisions as described by the author.
there is a huge difference between breaking even to an initial investment and making losses on a day to day basis. Sure they may have recovered their initial investment - but if the difference between their expenses and their income is negative - they are loss making. It's basic economics.
As for comparing flipkart to facebook... I dont really know where to start on that comparison!
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#61 billion dollar for Flipkart is insane. No USP, minimal recognition, and a lack of focus that drives me crazy. I used to frequent them a lot. Back when they had books as their primary focus. But now they are peddling mobile phones, and everything under the sun with books as an afterthought. Don't get me wrong, they still are the best online book retailer in India and I use them a lot, but if any body on this forum h…
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Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#71 billion dollar for Flipkart is insane. No USP, minimal recognition, and a lack of focus that drives me crazy. I used to frequent them a lot. Back when they had books as their primary focus. But now they are peddling mobile phones, and everything under the sun with books as an afterthought. Don't get me wrong, they still are the best online book retailer in India and I use them a lot, but if any body on this forum h…
There is only so far you can go with selling books in India.
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#81 billion dollar for Flipkart is insane. No USP, minimal recognition, and a lack of focus that drives me crazy. I used to frequent them a lot. Back when they had books as their primary focus. But now they are peddling mobile phones, and everything under the sun with books as an afterthought. Don't get me wrong, they still are the best online book retailer in India and I use them a lot, but if any body on this forum h…
What made you think books are not given the love they need? expanding their products doesn't mean focus is lost.
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#9Once Proper logistics is set up imagine how much profits it can make. because every book sold is minus the show room,lights and other infrastructure costs?
Re: Indian Internet company valuations - Stop Blowing Our Bubbles
#10I will agree with the author may be on MakeMyTrip, but not on FlipKart. They may be a copy of Amazon. But for India it works very well. They can get US published books in India, in a matter of 10 days or so. Amazon takes some 30 days. I am a big fan and everybody I know also is. They execute super good.
Totally agree on Rediff. It is like Yahoo of India. Difficult to say what it is.
And lastly don't we all know, bubbles are never predicted, but always explained with the benefit of hindsight.