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
Hey I am on Medial • 1y
I’m sure they will find ways to monetize their massive userbase somehow someday. And when they do, they’ll be unstoppable.
0 replies3 likes
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Seems like the job market squeeze has reached the IIMs? Feeling scared more than anything else.
I’m an SDE at a startup and I fear we could soon either be fired or asked to take massive cuts from what we joined at in 2022
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