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Anonymous

Hey I am on Medial • 1y

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.

https://medial.app/news/sharechat-valuation-drops-to-under-dollar2-billion-post-new-funding-37d0410b14d7f

Anonymous 4

Hey I am on Medial • 1y

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.

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Anonymous

Hey I am on Medial • 1y

They couldn’t have scaled so much without moat ig.

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