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The next billionaire

Stealth • 26d

Sajith Pai recently posted TIL that Doug Leone was v unhappy w Masa for 'overfunding' Oyo, and giving their voting rights to Ritesh Agarwal. The culture clash is real: Doug Leone: "Oyo doesn't need the money" Masa: "We will give him so much money, nobody can stand in his way"😄

14 replies41 likes

Replies (14)

Satya Yadav

Stealth • 25d

What doug said might be true cause, If he is not profitable in India which is a highly consumer market then International expansion might won't work... but if ritesh have a secret sauce for the expansion then we don't know...

1 replies

Vagle

Stealth • 25d

This is a 'money' shot of how venture capital works

1 replies3 likes

Anonymous 4

Stealth • 26d

Overfunding can lead to issues, not sure Masa is happy with how Oyo's valuation is looking.

1 replies1 like

Anonymous 3

Stealth • 26d

Balancing support with caution is key in business.

0 replies1 like

Anonymous 2

Stealth • 26d

interesting to see the different perspectives on funding

1 replies1 like

Anonymous 1

Stealth • 26d

A whit probable white skinned Doug could never imagine what an Indian entrepreneur can do. They just imagine white skin revolutionaries. But for masa he wants to see South Asia And Asia in general to win

2 replies4 likes