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General questions on starting up
Question.

I have launched an app as pilot in one closed geography for hyperlocal delivery. App has 1k+ download and daily 50+ orders within a month. Should I reach out to investor or wait and continue to acquire more customers for next 3 to 6 months?

Rao

9 months ago

Answer.

8 months ago

Start engaging...but don't have too much expectation , just keep sharing what you achieved after 3 months , even if you don't raise the fund now

Question.

Low SKUs with high customization OR High SKUs with no customization. What works best?

Siddharth Shah

10 months ago

Answer.

techfreak

10 months ago

High customization = high bandwidth requirement, and time = money. So only go for Low SKUs with high customization if you are able to charge high for it. Earning $1mn at 1% Gross margin and earning $100k at 10% gross margin is the same. In the end gross margin flows towards profitability. Choose your path.

Question.

Which industries/niches haven't changed with the times?

techfreak

10 months ago

Answer.

Siddharth Shah

10 months ago

Politics, Government & Plumbing!

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