Bangalore22mo
by DerpyMuffinSoftware Developer
Meesho started layoffs !!!!
There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.
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
Talking product sense with Ridhi
9 min AI interview5 questions
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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Indian Startups12mo
by SwirlyBananaSoftware Engineer
E-Com Startup $300 million fund raise
Today there was a startup that raised $300 million dollars. I have never seen people around me use this product. Even when I go to my native villages and tier 3 towns no one I have heard uses this product.
Are these guys faking metrics ...
Indian Startups19mo
by DancingBananaSwiggy
Big if true, given Meesho’s scale
I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business
Top comments
I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping
Guess they finally adjusted EBITDA hard enough
Seems fake. All account gimmickry. Trust me. If they are EBITA positive, get yourself listed.
Fintech India13mo
by ZippyBiscuitStudent
Pine labs
Didn't pine labs taunt paytm for newspaper advertisement. Now all I see on X is Pine Labs promoted ads