Creator economy rocketsip went down pretty quick

Is backstage.army Accel funded company is getting shutdown..? Does any one aware of this ..?

Do you guys feel that all these years of hardwork, getting best education & hustle to get decent/top job is no way remunerative to what people on SM(insta/yt) influencers make by simply sharing their life/cooking videos/GRWM/nutritionists etc, which we audience consume mindlessly. Does this change in career mindset going to make children opt out of higher education? I see a lot of people below 18yrs to have below average scientific mind. Ofcourse, there are people in the same age group doing amazing stuff, building startups etc but an average kid seems lost in the digital space.

We at YCreator are looking for a Principal Angel Investor with a preference for early-stage venture investing (Pre-Seed) to join and disrupt the Global Creator Economy Markert. The Big Picture: Before making investments, angels need time to understand the field and do some planning. Here are three “big picture” Current Market/User Problem: 1) 70% of Creator Discovery is done through an agency model with no financial transparency! 2) No Full Stack Solution for Creators and Advertisers! 3) With no Inclusion for Creators to upskill We want to power change, We want to power Creator Commerce Globally Drop a comment if interested !

-Online brands are expanding offline to achieve scale -Late stage startups are gearing towards profitability earlier than planned -Biz models built on behavior during Covid are struggling (like edtech) -Startups which got funded due to TikTok ban are struggling -Finfluencers are soon expected to struggle -Credit Fintech w/o NBFC license is a struggle -Very few consumer content startups frm India are seeing scale and profitability -RMG is struggling due to regulations -India focused creator economy startups finding it difficult to scale -PLG led Indian SaaS startups not able to cross $20M ARR -Some VCs finding it tough to raise without DPI -Public markets thrashing innovative/vanity metrics of pvt VC funded cos. and their pvt market valuations -Series B and beyond is tough, down round/flat round is now common - Deals happening at single digit ARR multiple for SaaS valuations - Web3 startups not getting funded - Most GenAI startups not able to build any defensibility - Most B2B Commerce startups are not able to increase gross margins or reduce NWC - CACs are ever increasing - Compliance issues at many startups - Layoffs to continue - startups which got funded in 2021, will soon be out of runway - no liquidity event for vested ESOPs in most Indian startups - secondaries happening at 35% discount in some cases - deal closure times have become 2x - less FOMO amongst VCs - More instances of M&A falling through

Hard-core banglorean here. Seen dunzo grow from when it was a WhatsApp group in Indiranagar to when it became a verb. What happened to dunzo? Call it not understanding what I have read or just plain lazy, I am not able to fathom what happened to a company that was the OG of its industry and grew with 0 marketing and solely on the product and how it happened. Anyone care to simplify it and explain?

I'm talking about new startups, as a founder who's trying to build an ecommerce platform currently. I'm still very early, but it feels that the writing is on the wall. Flipkart, Myntra, Nykaa, Zomato, Swiggy etc. have all built great products and soon great businesses (I'm sure) But it does not make sense to me why we've barely seen anything new in the last 5 years. Even funding wise, if that is something one wants to look at. So many people have tried - none of the new ideas have worked. CAC is too high. Current platforms already solve problems. Retention is never there, people may try you out, but will move back to Amazon/Instamart. But this is not how things typically work. It's very clear that consumer spending is going to increase, online more so, at an even faster rate. I don't feel the current platforms solve everything, a better version can be built. SO, is it the founders of the current era that have failed to make a dent? Is it the fact that VCs have stopped paying attention to this space? Or is it that the current platforms indeed solve everything? Would love everybody's thoughts. And also if you have tried building/or have ideas on what potential next eCommerce platforms could loook like. Over and out.

1. True rise of podcasts 2. Regional language content taking over our feed. 3. Free AI tools helping to dub videos on native language. 4. First Unicorn in this space 5. Rise of more and better gaming creators 6. People leaving Jobs to pursue this as full-time career What are your predictions? Let’s discuss this in comments!

Considering Edtech, Fintech, E-commerce is done

Ecommerce platform Dukaan has just laid off 60 people. Sudden move on Monday. Is the platform struggling to get users and monetise? so much funding they have.

Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions. CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️ Guys this is my last post about Byjus. All the best Soldiers ! 👋