“Is OYO pausing… or pivoting?” OYO has put its IPO plans on hold for the third time. Once a poster child of India’s startup boom, valued at $12B at its peak, the company is now reportedly reassessing its next steps. With Softbank reducing its stake and revenue growth slowing, the headlines are raising eyebrows again. But maybe this moment isn’t just a setback — it’s a signal. A signal that: • Markets now reward profitability over potential. • IPO isn’t the destination, but a checkpoint. • And perhaps, sustainable growth takes more than just scale. Ritesh Agarwal’s journey remains nothing short of inspiring. Building at that scale, that young — with all the pressure — is rare. But it also reminds us: Do we celebrate startups too early, before the fundamentals are proven? Or is the willingness to pause, pivot, and rebuild a mark of real maturity? Let’s discuss. Where do you stand on OYO’s journey?
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