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DancingPretzel
DancingPretzel
Stealth

MPL subsidiaries Striker , Mayhem , co-founders are fired

MPL is in big losses and the new valuation of MPL is hardly 300 million $ information from auditors.

14mo ago
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GroovyDonut
GroovyDonut
Stealth14mo

Source?

DancingPretzel
DancingPretzel
Stealth14mo

Auditors

QuirkyNugget
QuirkyNugget
Stealth14mo

auditors and valuers are not same roles. An auditor would typically be able to tell you the NAV of the enterprise. So $300 EV from an auditor's perspective says nothing about valuation determined by methods typically accepted in our glorified Indian startup ecosystem.

DancingPretzel
DancingPretzel
Stealth14mo

Striker and Mayhem co-founders not MPL co-founders

CosmicWalrus
CosmicWalrus
Linkedin10mo

Mayhem CEO seems to be operating just fine basis his LinkedIn profile

DancingPretzel
DancingPretzel
Stealth10mo

Mayhem one co-founder is fired and other is there

QuirkyPotato
QuirkyPotato
Stealth14mo

Are the subsidiaries shut down?

DancingPretzel
DancingPretzel
Stealth14mo

Eventually they will. None of the business is working.

WigglyBanana
WigglyBanana
Stealth14mo

Cofounders are fired? From Striker and Mayhem?

GoofyPancake
GoofyPancake
Microsoft14mo

MPL and every other gambling app's existence itself is humanity's failure

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