Abhishek Dave
7.8K posts

Abhishek Dave
@abhiwrites_
iOS Developer . Avid Reader. Talks about Chess, Life and Rap music. #Swift #SwiftUI

This is a political attack





Nikhil Kamath, "If you're 25 and going to a MBA college today, you must be some kind of idiot" What do you think?


#BREAKING: NDTV पावरप्ले के मंच पर बोले केंद्रीय गृहमंत्री अमित शाह




I had to rub my eyes thrice when I saw the Lenskart IPO valuation. 👀 70,000 crores!! 😲 Seriously? Feels like companies just spin a wheel🎡, pick a random number, and call it valuation. Wouldn’t even flinch if mutual funds proudly show up in the anchor list again. Clearly, the market’s memory is shorter to remember old paap! FY25 is actually a loss if you adjust for that one-time gain. 5500 crores revenue and 12x revenue multiple?! You can’t even play the “new age business” card anymore. This isn’t a VC pitch deck, it’s an IPO. Damn it! Even 3x revenue would raise eyebrows and here we are pretending gravity doesn’t exist. Peyush said TAM doesn’t matter. He doesn’t track it. Valuation doesn’t matter either to him. Of course it doesn’t, till you start inviting retail shareholders to own your company. Then suddenly everyone wants to know how the math adds up. And that 1000 page DRHP. I actually had to order new lenses from Lenskart just to read it. Smart move though, raise the valuation and the sales in one shot (pun intended)! Phew! 🔍 #Lenskart










