Crowded market

Crowded market

This morning I read about a new food delivery startup in Kathmandu. I pondered do we really need another food delivery startup catering to the capital. There are already a few established names in the space and one who has been doing this since 2012.

Questions I had regarding the new food delivery startup:

-How big is your market size? How many people order food from office/home?

-How many other similar delivery startups are out there? What are their strengths/weaknesses?

-What is your Unique Selling Point (USP)?

-What’s your revenue model? Do the margins make sense?

-What is your burn rate? When is the expected plan to break-even/generate a profit?

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