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Kaustubh Bhatter

Founder, Sharpener |... • 1y

Got a VC offer! Hey everyone! We got our first VC offer - FINALLY! Having said that, we rejected it. Feel free to ask me any questions you would want, except the VC name for confidentiality purposes! You can follow me as I share more in this jour

Zen Mehta
•

SKL Shipping • 1y

why rejected ? valuation?

1 Reply

Replies (1)

Kaustubh Bhatter

Founder, Sharpener |... • 1y

Valuation was a smaller reason. A bigger reason was that the investor wanted us to stay to B2C with a sales driven operating architecture while we wanted to venture into B2B partnerships and wanted an investor who could help us there

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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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Anonymous

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Bro got rejected from Harvard, bro go rejected from IITs and bro got rejected from any other popular dream college. Still, in just matter of time, bro went on to create a very popular startup, raised funding and was invited to speak at collages he o