What's the reason behind of OYO valuation crash?
They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9
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Anonymous 3
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OYO grew too big too fast by prioritizing unsustainable metrics like room-count without any clear path to profitability. The pandemic was ultimately the pin that popped their overinflated valuation bubble built on shoddy unit economics.
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