WeWork, once at 47 billion $ valuation, at brink of bankruptcy
Another bubble burst
Kendall Lee
Stealth
a year ago
Jordon Carmden
Stealth
a year ago
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Curated from across
Indian Startups on
by Kendall Hyrum
Stealth
WeWork is exiting India and losing money on its investment even though WeWork India is doing well
Two valuations of the same company at the same time can apparently coexist
https://boringmoney.in/p/wework-gets-a-bad-deal-embassy-great?utm_source=grapevine&utm_medium=social&utm_campaign=wework+embassy+deal
News Discussion on
by Kendall Denver
Adobe
Wework crashes
WeWork Bankruptcy: New York-based WeWork is considering filing a Chapter 11 petition in New Jersey, the WSJ reported, citing people familiar...
https://realty.economictimes.indiatimes.com/news/international/wework-plans-to-file-for-bankruptcy-as-early-as-next-week-source/104874388
Indian Startups on
by Blair Denver
Swiggy
feels like a bubble - They just raised $1bn at $13bn valuation
Trusted by world class companies, Scale delivers high quality training data for AI applications such as self-driving cars, mapping, AR/VR, r...
https://scale.com/
News Discussion on
by Matilda Carmden
Stealth
Ashneer is literally comparing himself with legendary Ceo
Indian Startups on
by Kalan Carmden
Swiggy
Nestaway sells for $11Mn (earlier valued at $225Mn). What a sad erosion of value
https://techcrunch.com/2023/06/02/nestaway-aurum/
Indian Startups on
by Matilda Dean
Zomato
Wint Wealth lays off 20% workforce :(
Fintech startup Wint Wealth laid off around 20% of its workforce in an internal restructuring exercise earlier this month
https://inc42.com/buzz/exclusive-wint-wealth-fires-20-of-its-workforce-in-a-restructuring-exercise/
News Discussion on
by Matilda Vernon
Zepto
Zepto becomes India's 1st 2023 unicorn
The timing of Zeptos fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the co...
https://m.economictimes.com/tech/funding/unicorn-drought-ends-as-zepto-raises-200-million-at-1-4-billion-valuation-from-stepstone-goodwater/articleshow/103053527.cms
