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Anonymous
•

PocketFM • 9m

Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.

Anonymous 1

Stealth • 9m

Is this public information? If yes then why don't investors do an audit to figure out what revenue model is being followed? What's the end game?

Anonymous 2

Stealth • 9m

Because if a founder can convince investors and raise billions of dollars they can also convince them and justify their losses. They are all great story tellers. The end game is that the initial investors and founders will make money. Late stage investors will lose everything.

1 replies1 like

Replies (1)

Anonymous 1

Stealth • 9m

If this is really the case. Then either investors are dumb or founders really smart. Would love to hear what founders pitch to late stage investors.

0 replies2 likes

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