DerpyMochi
Why has Fidelity marked down meesho and pinelabs
https://entrackr.com/2024/01/fidelity-marks-down-valuation-of-meesho-and-pine-labs/
Above is the source article for reference
Can anyone fill me in on why meesho and pinelabs got marked down despite being profitable and realising good growth ?
Anyone from pinelabs or meesho who can comment what's up?
14mo ago
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PrancingCupcake
Meesho14mo
Value is in the eye of beholder.
DerpyMochi
Planet14mo
Yo oogway,
Hit me with facts if you know em
Keep your "live love laugh" level quotes otherwise
PrancingCupcake
Meesho14mo
Bro Krutim has raised at a valuation of 1 Bn. You can't go behind logics for valuation.
Esp in the case of pinelabs and Meesho, the swing is in the range of 20% +- max.
SparklyNoodle
Meesho14mo
I doubt anyone except fidelity understands the logic.
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