Sethi: Quick commerce companies still lack unit economics and free cash flow
Arjun Sethi · VC MASTERCLASS - B2B SAAS, Quick Commerce, Peter Thiel And India’s Decade I Arjun Sethi I Neon Show · May 17, 2024 · at 31:30
Arjun Sethi explains why he has avoided investing in quick commerce and delivery models in India and elsewhere.
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“So one of the reasons why you've seen me not invest in, you know, quick commerce or any of the delivery companies that were there, they, A, they didn't have unit economics. They still don't today. They're trying to do growth at all costs. I think that can make sense if you have some sort of unit economics with free cashflow. I still don't have that today, which is why I'm skeptical of those models.”
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