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 15
Hey I am on Medialย โขย 1y
I had heard that they are raising in a downround which might make them end up below a billion dollar valuation.
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In 2008, Airbnb tried raising $150K at a $1.5M valuation. But a VC rejected them because โthe market is too smallโ.
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Kya matlab Billion dollar ki valuation hai๐คง
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Pitching to a VC: "I have a billion-dollar idea... just need a billion dollars."
Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?
