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Good one Sayeed. :-) It was a rant. $5 pricing once a year. If that's outside of the affordability range, my business will be in trouble. Most people pay thoug
by architgupta 15y ago
Good one Sayeed. :-)
It was a rant. $5 pricing once a year. If that's outside of the affordability range, my business will be in trouble. Most people pay though, so I am not too worried.
VC funded business is fine IMO, just be prepared if you create a market, fast followers are coming. True for most companies across the world I suppose(Expedia, Kayak, Orbitz). Hence, I wrote about brand building, while you create value.
I think the takeaway is:
"the key challenges to doing business in India: how do you keep costs low and still make profits, break-even before you break out of runway, and not compromise on quality and service."
I think this is true for across the world. I mean everyone loves a deal! So maybe create a business for the richer part of the world.
Mostly food for thought. I like what GreyTip is doing.