They think 1 random person watching soft porn in india is worth $100 each lol (1m daily users, reported $100M valuation)
VCs know that there are too many horny people in this country to make it a success.
Yeah
+1, the app is full of cringe content.
Today raised $22m series B.
No revenue.
Video streaming app with Less than 1m daily users in india is valued over $100m... So every random person in india is worth over $100? Lol.
Competition, Chingari, Rooter, both in trouble....
BTW what's the demography of people who use these apps? Asking coz I don't use insta or short content apps😅
I feel they would be raising for 4-5 months of runway at a time this way. Anybody knows?
