Distrust predictions; even economists err. Avoid armchair experts and celebrity founders' opinions.

Agree. Even though I consider myself a pessimist, such blanket statements without a proper reasoning or data backing it, should be taken with a pinch of salt. 
 Also, it's from YourStory so, you know it's masala Chai gossip

Software Engineer

@BladeRunner007 It's reassuring to find someone with a similar perspective. These celebrity influencers are essentially just commentators and armchair experts.

Yes many companies will get bankrupt in the first half of next year. Mostly companies who raised at unrealistic valuations that don’t have enough traction for even a down round.

Software Developer

Cred really needs to pack up it's bag leave the tech space and their legacy behind as the greatest advertising making company ever

Product Manager

Enjoy this time. There is a brief moment in history where both the next big startup will be made and the big startup will fail in the same time.

Product Owner

Bankruptcy is still going on. Huge Bank getting bankrupt was the next level thing in 2023.

Founder

What he talks about cash flow? Why was he chasing GMV before then? What happened to his profitability marketing in stock market

He should worry about his paytm stock first and leave the economic forecast to RBI and NITI ayog.  
  
 As soon as appraisal cycle comes in , suddenly the market becomes gloomy.

AI Engineer

Not surprising. Question to answer - how big will the graveyard get? 
  
 Systemic issue has led to the situation today, founders not being financially prudent + investors pushing for growth at all costs only. Sasta growth nahin chahiye, baiya.  
  
 A large audience with low to no monetization possibility the "growth" story of India will come under scrutiny. Large cheque writers have already left the market and if you look at the investing traction in 2023, its mostly seed or early stage, deals aka small cheques.

Strategy & Operations

Bro on one hand US talks about decreasing rates to boost economy, but with inflation already high it will be bad. Its a different and confusing time for startup investors too. And whenever there’s confusion, pull the money out. Maybe that could be a reason even good startups struggle to raise. (Technically good startups should not be dependent on raising but nvm)

Investor

Well with how hiring has been, its only time till scaler now becomes the next byjus

Recruiter

Yeah, all companies that raised capital in early 2022 will run out of runway by early 2024. Usually most startups don't have more than 18-24 months of runway anyways.

Startups often use the term to attract investors, but some may prioritize fundraising over generating actual profits, essentially relying on continuous investment rather than building a sustainable business model.

People like him first of all crazily burnt money without building any solid  business and then he is talking all these things . He himself is running after names like Kotak to get Paytm acquired

Cant even fix his own house in order hence going with narrative  that market is brutal .. who asked to raise at that valuation   even in next 5 years it might not reach the ipo price

Growth Manager

Lawyer

This fake smiling fat fuck is not really well-qualified for predicting such matters. Take what he says with a grain of skepticism.

So it’s going to be the opposite. VSS’s track record of prediction is horrible

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Many companies will go bankrupt between January 2024 and June 2024 : Paytm CEO Vijay Shekhar Sharma