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 11
Stealth • 11m
They had spent a fortune in acquiring influencers in the rat race that started after the ban of TikTok. Reels got everyone without much spend. The power of a larger audience is widely underestimated.
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