I would begin with a Kabir’s saying for all those criticizing me here -
निंदक नियरे राखिए, ऑंगन कुटी छवाय, बिन पानी, साबुन बिना, निर्मल करे सुभाय।
If someone shows a mirror and the face looks ugly, the mirror is at no fault. The problem is with the face.
At least we agree on something.
I have messaged you in-person time and again. There is a separate thread that runs between us. I will do that again as I have done in the past. But sometimes somethings need to be told in public in a different way. I am sure the message has been received by the entire team. Even if the community decided to flag it down, the purpose is served.
No, I don’t know and I didn’t get this part. Maybe you can help me understand in those many words. I don’t want to play a guessing game.
I disagree with you here. It’s not about free float or even money. I have always shared suggestions to unlock "value for investors”. Value, that’s what I always seek. I actually went back in my activity history to pull out some of the other suggestions I had made in the past (3 years to be precise. Yeah! it’s been 3 years with Zerodha and many things are yet the same hence the outburst) to brush up your memory. They are:-
-
Remove monthly coin charges. And you did it.
-
Copywriting 101 to not sell SGB with a bias calling it the “best" option to buy gold. My only suggestion was to be neutral as a platform and not colour investor’s minds.
-
More details about SGB Codes which you recently mentioned on a different thread that you would do something about it. I had also mentioned the Fundamentals of SGB are showing nothing. To provide data for that. Nothing on that yet.
-
Coin cut-off timing to be in sync with SEBI guidelines. To stay fair to the investor by complying with SEBI cut-off timing. Though you never commented on the righteousness of my ask, but Zerodha Support responded they are working on it. Still waiting for it to be resolved. Ticket #20200921976293
-
To apply for IPO through UPI, the window is available from 10am - 5pm. Had suggested to show information about Bank ASBA method if an investor visits the page beyond that 10-5 window so that an investor knows he can still apply in an alternate method and doesn’t miss applying for IPO. Not everyone knows that method. It was shot down by team.
-
ETF/ Index Fund ELSS by Zerodha AMC. So investors can invest in ELSS fund with the lowest TER and it helps Zerodha also to get a bigger AUM. Win-win. The same fund can act as a retirement fund as well. Even better.
-
OTP/ fingerprint login. So investors can log in easily. Implemented.
-
Better data representation of Console Holding so investors can make an informed and better decision. Status: Incomplete, partially done. FYI, I log in to Kuvera to fetch my CAMS data and check my Coin MF analysis. They have a better representation of Mutual Funds data. Also, the tax calculation is correct there.
-
Show total margin required while buying/ total amount receivable while selling. Status: Partially done.
There are many more. But I hope this would suffice and negate your comment on my suggestions.
I switched from HDFC Securities to Zerodha only because I could see that I can contribute to making it better e.g. suggestions above. The day people like me stop sharing and become indifferent is equally bad for Zerodha. And then how people living in a bad marriage cheat and then finally quit, that’s what would happen. No one to blame, just that expectations don’t match. Until then one tries to live in that marriage and make it work until patience runs out.