The shutdown of Koo( Indian micro blogging platform)...
What do you think about this "Grapevine" platform ? Are they generating some profit? Or same like Koo, exist because of VC?
Koo is considered Desi Twitter which is used for vernacular microblogging where people write their minds, just like we do on Twitter. However, since the platform couldn’t find a buyer, the co-founder made a statement on his LinkedIn to shut it down. Everyone saw this coming as Koo was struggling for follow-on investment and traction. Since the platform couldn’t raise a new round, the makers were looking for a merger and acquisition deal. Apramyea Radhakrishna, the co-founder stated that they were looking for plenty of M&A options with media companies, large internet companies and conglomerates, but nothing fruitful came out of those deals. Hence, shutting down Koo was the only decision they could make.
was supposed to happen from day one ... i don't know anyone in my circle who used it ... only tier 2/3 users ... how would you make money. Something similar to sharechat
What do you think about this "Grapevine" platform ? Are they generating some profit? Or same like Koo, exist because of VC?
The Indian microblogging site Koo has shut down. Reminds me of a conversation with an ex-founder along the lines of “Startups are a hard business. But even within startups, social networks are the hardest businesses to build” What do yo...
Another startup that could have been something had it not been for the bull market and Tiger investing unnecessarily. Over $66Mn raised, and now it's over.
Copy cats. App should have been called Poo