Anurag Savarnya
7 posts

Anurag Savarnya
@AnuragSavarnya
Exploring Around 🚀🚀| IIT KGP |
Bengaluru Katılım Aralık 2019
734 Takip Edilen53 Takipçiler

We just raised $500M at an 11B valuation 🎉
To celebrate, we’re giving away 1,000 free credits so you can test our platform.
For the next 6 hours, comment “11B” below and we’ll DM you the credits (must follow) 👇
ElevenLabs@ElevenLabs
We raised $500M at an $11B valuation to transform how people interact with technology.
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@Goyal4Gagan One of the reasons above may be true is because India TAM is still largest at mass and mid premium price points ; which gives right balance b/w AOV , GM and CAC .

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High GM does not mean it's a good business.
Higher GM ≠ Higher net margin
Most founders (including VCs) do not understand this simple concept.
The reason is that CAC has a strong correlation with price. Higher GM translates into a higher end price for the customer, which results in higher CAC and lowers the net margin.
We happily ignore it in the name of Google and Meta tax. CAC is a function of CPI and the paying user percentage. Both can be worked on, and depend on the product's price.
Obviously, I have generalised this to make the key point easier to understand—high GM does not mean it's a good business.
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@ugc_india ; Prof @mamidala90
As per AICTE ; current capacity utilization is 49.8% ; What is the same for colleges under UGC ( for non technical education ) or India as a whole (current capacity utilization of college in India ) ?
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Anurag Savarnya retweetledi

The fastest route is not always a straight line. twitter.com/knowIedgehub/s…
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Virus will pass, so will the Investment Opportunity.
A normal investor gets 2 to 3 such Investment opportunities in his life time.
All those who regret to miss 2008 market crash should use this opportunity optimally.
#markets #Coronaindia #investing

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