The Falsehood of Distributions of Founders at Distress Exits: A Lesson for BluSmart Worth ₹850Cr
Let's dispel one myth: "Founders make money in acquisitions.
Reality Check of BluSmart
Raised: ~₹1,300Cr | Last Val: ₹2,700Cr | Exit Val: ~₹850Cr
Outs
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Anonymous 4
Hey I am on Medial • 1d
Tbh even a distressed exit at ₹850Cr is better than liquidation or total shutdown. Investors taking losses is bad, but jobs being saved still matters somewhat.
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The Falsehood of Distributions of Founders at Distress Exits: A Lesson for BluSmart Worth ₹850Cr
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Outs
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