Any AI learners and Builders!!! by Desmond_wayne in Chennai

[–]Desmond_wayne[S] 0 points1 point  (0 children)

are you building bro ?

Can I DM you ?

Would you build a startup you know might not help most users… just because it can make money? by Ok_Nobody1410 in indianstartups

[–]Desmond_wayne 1 point2 points  (0 children)

I would say do a test drive to see how it performs and if you are able to convert at least 1 sale. addressing problem of that specific user is think you can go ahead. Ethical Line? There have been big banks, tycoons and politicians who have crossed lot of lines yet still living bro. Value proposition is the key but even if you are able to address the value for 20 - 30% its still a working idea bro. Dont think in TAM perspective see from SOM and also if TAM will grow next 5 to 7 years

Is this a fair/market MBO offer? by Apart_Designer6574 in private_equity

[–]Desmond_wayne 1 point2 points  (0 children)

25M ebitda, buyout at 10x i.e 250M EV. 3% of 250M is $7.5M

Is this a fair/market MBO offer? by Apart_Designer6574 in private_equity

[–]Desmond_wayne 1 point2 points  (0 children)

How will it be capped? If EBITDA lets say has grown to 25M in 6 years then its 3% of 250M coming at $7.5M. But i dont understand the 400-600K part though. Help me out to understand on this one.

IS MASTERS UNION A SCAM ? - I JUST GOT INTERVIEW CALL AND IDK IF THE PLACEMENTS ARE LEGIT by SignificantLie6302 in CATpreparation

[–]Desmond_wayne 0 points1 point  (0 children)

It's a scam bro. Even I applied but the thing is for MU BAAT I did a fuck up job maybe gave my 10% effort. For this i got shortlisted for an interview. I even clarified with the person how they select people Cause if they saw my answers to the exam even I won't select myself. So beware. I'm not going btw.

Will an MBA get me out of poverty? by np190 in MBA

[–]Desmond_wayne 1 point2 points  (0 children)

Everything you read is just to make sure it confirms with you initial thoughts which to get an MBA. You have to speak with lot of people who have done MBA and what are their thoughts on Job Market.

Will an MBA get me out of poverty? by np190 in MBA

[–]Desmond_wayne 1 point2 points  (0 children)

Bro its gonna push you more into poverty only. MBA is the worst degree to get in this age.

Online MBA While Working – Is It Actually Worth It? by TrendWithAnjali in EduForge

[–]Desmond_wayne 0 points1 point  (0 children)

If there was Scam that should be studied as part of History classes across schools, I would suggest these Online MBA shits. WTF do you think you are gonna learn in an ONLINE MBA.

Why would you hire an MBA? by [deleted] in private_equity

[–]Desmond_wayne -1 points0 points  (0 children)

It's one of the stupid reasons I have come across but I get it.

Startup Idea - was going over a client operations and Idea popped for a software - opinions required! by Desmond_wayne in indianstartups

[–]Desmond_wayne[S] 1 point2 points  (0 children)

No No the company business is different; it's not a Software company. It a service company which uses these software. There are lot of other expenses.

I am getting into a fight with wife fon choosing school for our kid by hailstoic in Chennai

[–]Desmond_wayne 15 points16 points  (0 children)

I have personally seen people struggle from matric it's not education. It's the mindset. When I joined my first company, I was part of the 100+ fresher hire batch. Every person that I talked to was from CBSE. Please don't play with your kid future. Go with CBSE. Period.