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 16
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I’m sure they will find ways to monetize their massive userbase somehow someday. And when they do, they’ll be unstoppable.
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I just received an email where they want to advertise but I had to decline!
Reason - It was a dating app for married people to find matches to have affairs, officially. It’s a Banglore based company which I am sure a lot of you are aware of.
They