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Anonymous

Anonymous 1

Hey I am on Medial • 1y

I saw an interview of vijay shekhar sharma yesterday. Found the insights pretty interesting. So: basically when he raised a pre-IPO round, the amount aimed was— 900mn dollars USD, he ended up raising 10 bn USD Something. So yeah, But just before IPO they took it off because of the covid and interest rate hikes during 2020, so basically due to normal market conditions. Hence emerging services, tech, is the first sector from where people suck the money first out, when times get tough. Retail investors are not trustable.

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