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Pratheek B Patil

Simply being myself • 1y

Some large VC group have debt in US banks post covid banks have raised the intrest on loan and these vc group has started pushing companies to be profitable. Vc group are backing out in many companies so these companies are raising money on lower valuations to rum the company Recent Examples Byjus has raised money from Blackrock and their valuation is down by $22billion to $1 billion And now some going lower

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