Right now, is probably the stupidest time for fintech firms like Zerodha to be raising money. It is quite crazy the number of folks reaching out & the different deals...
Right now, is probably the stupidest time for fintech firms like @zerodhaonline to be raising money. It is quite crazy the number of folks reaching out & the different deals. We might regret it in the future, but we are not raising & here are the counterintuitive reasons why.
My view on the reduction of intraday leverages is that there will be near-term pain (for Zerodha too). We'll see a drop in trading volumes and an increase in impact cost...
Managing other people's money in ways that aren't allowed leads to the most complaints with the regulators. There are ways to do it legally, and those that can incur significant penalties. Here's all that you need to know about managing money.