In current climate, great to see they’re able to raise! Folks at Meesho, some questions:
It’s a down round from 4.9 to 3.9B
Climate mostly depends on who you ask, but hikes were low, hired a lot of juniors recently,
Every one with vested shares were allowed to sell 30% of it at the same valuation 3.9B
I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business
I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping
Guess they finally adjusted EBITDA hard enough
Seems fake. All account gimmickry. Trust me. If they are EBITA positive, get yourself listed.
