Startups smash

There was a time when students swarmed to enrol themselves in Byju's (students, and not people looking to apply for any of their sales positions). It was fast-growing, boasting a billion-dollar valuation and teasing us with its promise to go public.

Things were going well for Byju's. But alas, there was a twist in the tale when it acquired the renowned Aakash Educational Institute. The cost of this acquisition was so eye-wateringly high that our jaws dropped. Just from where Byju's found all that cash? Well, surprise - it was debt. Now it's struggling to even pay the instalments.

The lesson? Work culture concerns aside, we can see how aggressive business decisions can stumble even the mighty startups. This is why a pinch of conservatism in management matters.

Although Byju's had a horrible work and sales culture as stated by many of its employees, it was growing well at least. But once it acquired Aakash, things went south. You can learn a lesson here that unnecessary acquisitions at high cost can ruin companies.

The worst logic to not invest in large caps is that they do not grow. If large-cap companies do not grow, then Sensex won't be breaking all-time highs consistently. It's about the industry and not market cap.

Especially if it's a pharma company. So many terms and so little knowledge, our peanut-size brains cannot understand a word.

Adani Group thought it was out of trouble, but it seems like the trouble may continue for some time. Even six months after, the Hindenburg report still haunts the group.

Previously, it was whether we'll see the ending of One Piece. Now, it's whether we'll see Zee and Sony merger. They have been talking about this for such a long time that I have aged two years.

Remember guys, a good company need not always be a good investment. Will you buy a Rs 100 note for Rs 150? No. Same goes for companies.

The airline war is getting intense in India with only...two players? We're gonna see a duopoly probably in future.