Vivek Bajaj co-founder of StockEdge & Elearnmarkets on building the Bloomberg ecosystem for retail Investors in India (Where are they now?)
Vivek Bajaj is back on the show! He is co-founder of StockEdge & Elearnmarkets.com. He appeared back in August 2016 (EP39) and since then his app has gone from 50K downloads to 1.5million downloads. And has gone from employing 25 staff to over 140 staff. So in this episode he talks about how they have scaled the operation. Talks about finding great business partners. Thoughts on the current stock market, Common mistakes first time investors make. Shares formulas for investing including the ‘10 10 10’ rule. Talks about his best investments and worst. Why Reliance stock is a ‘buy’. Why he doesn't invest in Bitcoin. Talks about raising finance. Gives great advice for entrepreneurs And finally the most important lesson about money he has learned so far!
in this conversation we talk about:
- Revenue stats so far
- What problem are they solving
- Which product makes most revenue?
- Are they still a startup?
- Dealing with the big losses
- Never comprising on sleep
- Why you shouldn't just look at the price of a stock
- Using you gut/intuition picking stocks
- The importance of interest rates on the stock market
- What is going to happen to the stock market in the next 6 months
- Thoughts on robo advisors
- Why your tech product should always be in 'beta'
And much more!
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music by Punch Deck. https://open.spotify.com/artist/7kdduxAVaFnbHJyNxl7FWV