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...