Based On what I have noticed, Reasons behind shutting down well funded startups: ๐
โข Board Members dispute or improper management
โข Lack of TAM
โข The main point - Non sustainable business model ( most of startups couldn't monetize along with grow
Once upon a time:
- Clubhouse was worth $4B
- Hopin was worth $8
- BYJUs was worth $22B
- FTX was worth $32B
- Peloton was worth $50B
ZIRP truly was crazy.
FTX Ordered to Pay $12.7 Billion in Landmark Court Ruling
In a significant development for the crypto world, a U.S. court has ordered the bankrupt cryptocurrency exchange FTX to pay $12.7 billion in compensation to its customers. This decision comes
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Harsh Dwivedi
ย โขย
Medialย โขย 2m
Hands down, the best session of Razorpay FTX today by Kunal Bahl (Snapdeal) and Shashank Kumar(Razorpay).
Key takeaway from Kunal: Go after Laughably small TAMโs in the early stages of starting up.
