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Anonymous

Hey I am on Medial • 1y

Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?

https://medial.app/news/oyo-approaches-family-offices-for-its-down-round-or-the-arc-6462e1c9d220a

25 Replies

Replies (25)

Rohit Talwar

Hey I am on Medial • 1y

ALL COPY PASTED IDEAS FROM USA AND CALL THEM STARTUPS IN INDIA...TOTAL FRAUD

3 Replies

Rajan Paswan

LostBird :) • 1y

It's bad news for investors bcz this kind of things scatter trust of investors in founders and whole startup ecosystem. Yet this happen due to reasons such as prior investors push for higher valuation to get there return. Founder starting to be believe the higher the valuation of the company the good they are doing. Which might not be the case always.

1 Reply

Nawal
•

SELF • 1y

That's how startup works typically, make a valuation bubble and boom

1 Reply

Anonymous 3

Hey I am on Medial • 1y

That's a steep drop. Wonder what's wrong, they were doing well last I heard.

1 Reply

Anonymous 2

Hey I am on Medial • 1y

Apna kaam banta bhaad me jaye janta?

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Had to happen someday. The Oyo bubble will burst. Airbnb is way more reliable for me personally.

1 Reply

Rishabh Malhotra

Hey I am on Medial • 1y

I haven't used Oyo but I was under this impression that it is good to use.

1 Reply

Somen Das

Senior developer | b... • 1y

who used their services here💀

1 Reply

Anonymous 4

Hey I am on Medial • 1y

Hi Anaon as beginner who does not understand valuation what are some good resource out there to learn or study about it?!

1 Reply

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Anonymous

Hey I am on Medial • 1y

If Oyo is doing 100cr profit after tax then why are they rasing at 80% valuation cut. Something’s fishy for sure.

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