Interesting News From OYO 🤔🤯
• India’s Oyo, once valued at $10B, seeks new funding at 70% discount.
• Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion.
• Negotiating with investors like Malaysia's Khazan
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Anonymous 3
Stealth • 6m
Not surprised to see OYO's valuation come back down to earth. A $10B valuation was always ambitious for a hotel franchising business, even one growing very quickly.
OYO latest funding round at $2.5B, down from a $10B valuation, highlights the sobering reality of the valuation bubble in the Indian startup ecosystem. A wake-up call for many sustainable growth over hype. #OYO #ValuationBubble #Startups #India #Tech
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Vaibhav Babruwan Shingde
Stealth • 6m
Interesting News From OYO 🤔🤯
• India’s Oyo, once valued at $10B, seeks new funding at 70% discount.
• Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion.
• Negotiating with investors like Malaysia's Khazan
Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups.
Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR.
Series E in May 24 : $1 B raised at $12 B valuation
⏩Invest
A Brief Timeline: Ritesh Agarwal
Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00
Yahoo - was founded in 1994 by Jerry Yang and David Filo two graduate students but he's the thing Yahoo was never meant to be a business these two graduates just listed their favourite website in a directory and published it in the internet.
Because
Just now read a article on inheritance tax from finshots.
Like literally the rule in some countries is that you need to give 55 % of it to the government and you will get just 45 % of it.
Maybe it could be a great idea for money inequality and low
One solid realisation i have had is when people have the urge to startup - they don't have any problem statement to double down on
In fact they struggle to identify a problem
I believe the best way to get started is just look back into your life
One solid realisation I have had is that when people have the urge to start something
they don't have any problem statement to double down on they struggle to identify a problem I believe the best way to get started is to look back into your life
1
Sequoia Cap— They have got 25% of the xAI project.
Sequoia Capital's love affair with Elon Musk began in the PayPal days when legend Michael Moritz backed Musk's X.com.
Over the years, their romance blossomed as Sequoia showered Musk's ventures wi