Nithin Kamath of Zerodha candidly talks about building his bootstrapped business, weighing risks, and finding opportunities
First Principles
How Do You Think About the Future?
In India, you know, it's very hard to make revenues from users. And so all you're describing the VC template, which is burn money to earn money. In a low cost business model like ours does it work in the stock broking online stock broking business? Not in the not not in the low cost of broking space, right? It so like, for example, in the US folks like interactive brokers and charge war, this like $400, $500 acquiring a user,. but they can make that money back from them because there are different ways to be able to make money.
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