Share valuation just dropped by > 60%. From 5B to 2B. Goes to show that you can’t make money (yet) from tier 2 and tier 3 India even if you have a lot of users.
Sad. 😔
Indian social media without a Moat shouldn’t have been this big in the first place in my opinion. Classic Silicon Valley dilemmas highest valuation mei uthao phir value create karna bhul jao.
Aa jao empire build karte hai
Idea , suggestion,koi knowledge, experience,koi pehchan, investment, student ho toh friends bhi honge kuch banaye jaye
Kuch jab do ,teen dimag saath milte hai toh kuch bada hota hai toh phir intejar kaisa message karo
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3 replies5 likes
Harsh Dwivedi
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Medial • 3m
Silicon Valley is shaking.
So, Deepseek has now reached No 1 spot on the App Store beating Chatgpt.
A “side-project”, with $6M against a company worth multiple billions. It’s Open Source and 95% cheaper too.
The AI bubble is bursting and the moat
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