SqueakyPickle
SqueakyPickle

Many companies will go bankrupt between January 2024 and June 2024 : Paytm CEO Vijay Shekhar Sharma

12mo ago
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CosmicMuffin
CosmicMuffin
Student12mo

Distrust predictions; even economists err. Avoid armchair experts and celebrity founders' opinions.

GigglyNarwhal
GigglyNarwhal

Agree. Even though I consider myself a pessimist, such blanket statements without a proper reasoning or data backing it, should be taken with a pinch of salt. Also, it's from YourStory so, you know it's masala Chai gossip

CosmicMuffin
CosmicMuffin
Student12mo

@BladeRunner007 It's reassuring to find someone with a similar perspective. These celebrity influencers are essentially just commentators and armchair experts.

SquishyQuokka
SquishyQuokka
Gojek12mo

Yes many companies will get bankrupt in the first half of next year. Mostly companies who raised at unrealistic valuations that don’t have enough traction for even a down round.

DerpyBanana
DerpyBanana
IBM12mo

Cred gonna be the first one

SnoozyPickle
SnoozyPickle
Student12mo

Cred really needs to pack up it's bag leave the tech space and their legacy behind as the greatest advertising making company ever

FuzzySushi
FuzzySushi
Porter12mo

Enjoy this time. There is a brief moment in history where both the next big startup will be made and the big startup will fail in the same time.

FluffyNugget
FluffyNugget
Plivo12mo

Bankruptcy is still going on. Huge Bank getting bankrupt was the next level thing in 2023.

JumpyNoodle
JumpyNoodle
Google12mo

which bank?

ZoomyMuffin
ZoomyMuffin

SVB

QuirkyMarshmallow
QuirkyMarshmallow

What he talks about cash flow? Why was he chasing GMV before then? What happened to his profitability marketing in stock market

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Fintech India
by WobblyBiscuitStudent

Paytm and it's downfall

Will Vijay Shekhar Sharma be able to revive the company in next 6 months or Paytm will lose its existence among upi customers ???