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Dexter Capital Advisorsย โขย 7m
I hope this does not end up as another startup FRAUD ๐๐ Some context first ๐ .. Karan Bajaj, who founded and sold WhiteHat Jr to Byjuโs for a whopping $300mn at a prime valuation, is now building a new venture in the cancer care space. Called Complement1, the startup is basically about personalised lifestyle coaching, like WhiteHat Jr was about personalised coding coaching. With $16mn in seed funding from Blume Ventures and Owl Ventures, it seems to have taken off well. .. But, thatโs where the good part ends. I mean, I just ran a senior cancer doctor I know through the website. He went through it and had just one word - FRAUD. Now, I donโt know what to say. Basically, his assertion was that the company claims that its lifestyle programmes are all about nutrition, exercise, breathing techniques and meditation - FOUR THINGS that have not been proven to have played any role in preventing cancer so far. However, the company claims that its offering remains effective nonetheless. And it does cite research papers. But, those papers are recent academic research papers, and thatโs all. One from 2019 and one from 2021. .. I genuinely and strongly hope that this one does not turn out to be another scam. More so because this one is focussed on human health and body - Things that should not bee played around with. Additionally, the company has already attained a massive valuation. It has raised a $16mn seed round, which is ~Rs 140cr. The valuation will easily be at least 3.5-4x of that. Hence, if something like this fails, it will dent the prospects for other legit players too. What do you think?

Hey I am on Medialย โขย 6m
This wouldโve been the perfect time for a startup like WhiteHat Jr to teach vibecoding instead of traditional coding. Everyoneโs saying coding is dying because of AIโand theyโre not wrong. AI can now generate entire apps faster than beginners can l
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&OTHERSย โขย 8m
PW acquiring Drishti IAS for โน2,500 Cr โ masterstroke or mistake waiting to unfold? A few years ago, BYJUโs acquired WhiteHat Jr, followed by Aakash and others. The result? Bloated burn, cultural mismatches, and post-acquisition chaos. Now PhysicsW
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Learner || Content W...ย โขย 1y
World-First Lung Cancer Vaccine Trials Launched. According to reports from multiple sources, UK has become the first to receive an innovative lung cancer vaccine. Developed by researchers, the vaccine is designed to stimulate the immune system to t
See MoreKeen Learner and Exp...ย โขย 1y
Byju's is making loss after loss every year despite the fact that its valuation was once$22 billion in 2022 and now Byju's made a valuation ask of $200 million, a very sharp fall you can see. So when I researched about it i found out the following re
See MoreI'm just a normal gu...ย โขย 7m
Groww, the investment tech startup, is reportedly moving forward with its IPO plans and will likely file draft papers confidentially with SEBI within the next two weeks. The fintech unicorn is eyeing a $7-8 Bn valuation for its IPO, a figure consid
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The business should ...ย โขย 1m
Russian health officials confirmed the launch of a personalized mRNA cancer vaccine, available free to all patients from early 2025. Early trials show promising safety and efficacy, raising hopes for a breakthrough in oncology. Experts stress continu
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Hey I am on Medialย โขย 1y
It's officialโthe first patient has received the lung cancer vaccine. ๐ The vaccine, BNT116, is not chemotherapy. It's a targeted treatment that attacks only cancer cells, leaving healthy cells unharmed. ๐ฏ Next in line are 130 patients across 7 co
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Hey I am on Medialย โขย 1y
Valuation is not just about numbers, but about understanding the biases, uncertainties, and complexities that can impact the valuation. It is important to recognize and address these factors in order to make more accurate valuations. The three big p
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