https://themorningcontext.com/internet/what-does-softbank-know-about-india-that-others-dont
Softbank is looking to offload India investments at any cost.
You are not missing anything, it is an extremely shoddy article with the first half saying masa has not invested any money in India this year and the second half drawing on Sharechat's valuation woes. They have also qouted a cassandra from Linkedin as if it is gospel. I am not certain how to upload a pdf, but you can create a 10min email and read it for free.
+1
Softbank (and likes of Tiger) have made series of bad investments for them to make new ones. They seriously pushed for the ARM ipo because that would leave them with cash.
I wouldn't take Softbank not investing in India seriously as they have to get their sh8t together first.
The article will not tell you anymore than the headline did. This is just their bait to get the sign up. There is nothing of substance mentioned in the article.
My personal view: SoftBank pulling out of India is more of a SoftBank issue than an India issue
I want to read in depth business case studies/stories from India. I also want to consume relevant startup news and updates. What is the best place to find such content? Seems like all good content is hidden behind a paywall. If I have to...
In a landmark deal, Silicon Valley powerhouse General Catalyst has acquired Venture Highway, a seed-stage investment firm with a track record of backing winners like Meesho and Mobile Premier League.
The Deal:
