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?
Just search on Perplexity or CHATGPT about “what does valuation mean in a startup and how is it decided”.
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1. Purpose:
Perplexity AI: A conversational search engine designed to answer questions directly and generate relevant search results using AI.
ChatGPT: A general-purpose AI language model designed for interactive conversa
