@nithin , read this article in a news magazing stating your name. I am not sure wheather you said it or not but if yes then I want to know what led to a profitable companies CEO say this at a time when you are releasing new business like AMC to LAS to margin funding not to forget highly profitable brokerage and float income.
I know that you may think your self as a tech company but still stock broking as a business has stand test of time.
That’s Risk Management 101. If you are in Peace with the worst possible outcome, it takes away the pressure to actually keep the ship from sinking, which in turn makes one thrive tremendously. Jeff Bezoz and Elon Musk too share similar sentiments publicly. We need more people like this. It’s easy to quote and critique a sentence out of context.
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Zerodha enjoyed being first in the segment, Zero brokerage flat fee made Zerodha mouth publicity and it grew popular in no time
Considering entry barrier in Tech startup is not too high like FMCG or materials industry, it won’t be a surprise if there are many players out there
Latest entry of Navi is catching eyes, Groww, upstox have been quite popular too. People are sticking to Zerodha because of trust and too big gaint to fail
As a kite it is fantastic product + ecosystem(Coin is disappointing though)
Don’t mind buddy. I don’t worry about the CEO making peace with worst possible outcome, but such public comments, definitely, spoil the peace of account holders. I’m not going to shift my account anytime soon, hopefully, but the comment did make my heart skip a beat.
The shares in Demat account are taken care off. I’m skeptical about the amount in trading account. I’m a full time intraday trader. The tendency to become over skeptical come with the job description.
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