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Anonymous

Stealth • 7m

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 replies16 likes

Replies (25)

Rishabh Malhotra

Stealth • 7m

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

1 replies1 like

Somen's 8D world

Stealth • 7m

who used their services here💀

1 replies1 like

Anonymous 4

Stealth • 7m

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

1 replies1 like

Rohit Talwar

Stealth • 7m

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

3 replies1 like

Rajan Paswan

Stealth • 7m

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 replies3 likes

Nawal
•

SELF • 7m

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

1 replies3 likes

Anonymous 3

Stealth • 7m

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

1 replies2 likes

Anonymous 2

Stealth • 7m

Apna kaam banta bhaad me jaye janta?

1 replies2 likes

Anonymous 1

Stealth • 7m

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

1 replies2 likes

Recommendations from Medial

Vaibhav Babruwan Shingde

Stealth • 7m

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

10 replies8 likes

Anonymous

Stealth • 7m

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

11 replies11 likes

Anonymous

Stealth • 10m

After watching today's Shark Tank episode, I am thinking Shark Tank has become reality show like IOT

5 replies12 likes

chirag sharma

Stealth • 3m

OYO's valuation drop to $2.4B is due to profitability struggles, post-pandemic travel dips, high operational costs, and cautious investor sentiment. The inflated startup valuations are facing a reality check. #OYO #Valuation #Startups #Indian

2 replies2 likes