“…most of these ventures start with “father-in-law’s” money. I start with a loss but the greater the loss, the greater the valuation! ,I do not know what kind of mathematics is this. I cannot understand anything…”
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Does these kind of valuations make any sense to you as an Fundamental Market Analyst / Investor ?
See so called startup “Amazon”. Making loss and Yet going up.
If we pick this loss factor then you should check book value of royal “Jet Airways” and “PNB”.
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Paytm could run out of working capital soon, I think VC’s have stopped throwing cash on such loss making ventures.
Paytm pledges assets to ICICI to raise working capital,
Under the Paytm-ICICI Bank deal, One97 has pledged to the bank ₹7,081.1 crore in assets to boost its borrowing capacityUntil now, Paytm could borrow up to ₹400 crore from ICICI Bank for working capital