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Engineering - Software & QA
11mo
plentycheeku
ยท
works at

The fall of Paytm and BYJU'S is a sad development for Indian tech. Could their CEOs' egos have played a role in their decline? Chime in your thoughts?๐Ÿค”

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primepistachio
11mo
student at
Indian Institute of Management (IIM), Ahmedabad
I feel, Many startups prioritize rapid user acquisition over building a sustainable business model. This can lead to financial difficulties later.
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exoticmagpie
11mo
@primepistachio yes, adding Investors these days are becoming more cautious about funding high-growt... see more
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aviationseo
11mo
Paytm used to add and remove verticals at at very high speed, got to know from a friend who worked inside . Instead they should have focused on 1-2 core business
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misskick
11mo
@aviationseo Yes, and the saddest fact is the digital payments and edtech markets in India are becom... see more
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sevenpepper
11mo
student at
IIT Madras
Bro, Let's be honest here jab koi bade firms ka aise downfall hote h to wrong decisions or ego be role play krta hi hai downfall me!
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cleantonic
11mo
works at
@webwatcher ๐Ÿ’ฏ๐Ÿ’ฏ
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crunchykeema
11mo
student at
A E Kalsekar Degree College
They were not sustainable Ego has very little role to play in their decline
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plentycheeku
author
11mo
works at
@crunchykeema Hmm! May be!
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supremefizzy
11mo
works at
What about Overexpansion, and funding issues?
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