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Anonymous

What caused the sharp decline in valuations for ShareChat and hike both previously valued at over $3 billion and now below $1.5 billion in recent funding rounds? ShareChat's failed wager on the Indian short-video space amid the TikTok ban has forced

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Anonymous 4

Stealth • 7m

I still believe there is a lot to explore in this sector, we have just started learning to monetize audiences, it’s still a REALLY early phase, where most % of people are JUST receiving a phone (if not most, at least a significant amount) we want the US social media after effects too soon. But still tho, i wouldnt even expect the US startups adoption so fast. We were setting the wrong expectations from a very long time. Including founders.

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