Capital Dumping
There is news today that says Softbank will now invest 3 Billion dollars in Pay TM.
I am now wondering is this a fair practice. Invest in Flipkart, so much cash that they scale to some level, as flipkart scales, many smaller ecomm startups and retailers shut. Then make 3-4 billion dollars. Then do the same thing with another one like PayTM. Wont the smaller ones get wiped out.
Isnt Suresh Prabhu and his startup india team supposed to protect smaller startups and small retailers?? more
I am now wondering is this a fair practice. Invest in Flipkart, so much cash that they scale to some level, as flipkart scales, many smaller ecomm startups and retailers shut. Then make 3-4 billion dollars. Then do the same thing with another one like PayTM. Wont the smaller ones get wiped out.
Isnt Suresh Prabhu and his startup india team supposed to protect smaller startups and small retailers?? more
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Oct 31
V have a depleted foreign exchange n imports more then exports ensuring lowering the Value of the Rupee. V R not interested to Improve Society because V believe it's God's Grace to serve ourselves. Education for the Wellness of the Self is possible with Respect to Each Other. This is lacking severly. Change is possible if V Reflect our identity is Zero without our Nation. 1st time the World is looking up to india but R V Ready to Believe India is worthy of sharing Wellness for World BUT not itself. Even a poorer country than India has a better Society - our neighbour Bangladesh has improved its currency value. V R sheltering their runaways to destroy Our nation. R V willing to Rise n Respect the weaker Indian to be strong to make a STRONG INDIA more
May 17
