Thank you grapevine to inform entire eco system whic h VC to avoid
Literally any other VC fund would have been a better choice. Peak XV (f.k.a sequoia india) will make sure to intervene and destroy the company.
Standard chutiyapa of Indian VC. 21% ??
This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.
What does this mean for users at Grapevine? Is this data collection for the future. Anonymous messaging services but what is the ultimate end goal here.
Thoughts
Did sequoia have an ownership target? How does your team and you feel post the funding? What can we expect as a next step? How soon will the monetisation bug kick in?
https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake...
