Zerodha has had the good fortune of ending up building a good product whilst the market needed it.
If the pandemic had not happened, the growth would not have been what it is right now and that is when “build it and the users will come” philosophy stops working.
The engagement metrics do work, but just like everything else in life, if you overoptimize for any one thing, it is detrimental (eg- drinking water in excess is harmful).
If the pandemic had not happened, the growth would not have been what it is right now and that is when “build it and the users will come” philosophy stops working.
The engagement metrics do work, but just like everything else in life, if you overoptimize for any one thing, it is detrimental (eg- drinking water in excess is harmful).