Looks like BluSmart is unable to raise $$s
BluSmart’s fundraising has stumbled well below its $250 million target.
With investors backing off at the last moment and fresh funding looking difficult, it now seems an impossible task.
Read a post on LinkedIn that Blusmart is destroying shareholders wealth and it's a bad business. As a customer I like it, and I wasn't able to find any online news. Can someone help me get a context here?
I got no clue what he’s talking about.
But the Steve Jobs mentality tells me only one thing. Build what users love, always.
Heard an insider rumour that many of their funding discussions didn't materialise into money in the bank and now they're having troubles raising.
Who’s Push-kar?
BluSmart’s fundraising has stumbled well below its $250 million target.
With investors backing off at the last moment and fresh funding looking difficult, it now seems an impossible task.
There are essentially four parties in the startup economy:
Now let's look at Game Theory motivations:
VC here. Doing this for fun. Don't take all views seriously.