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ZoomyRaccoon
ZoomyRaccoon
Sharechat

ShareChat: ASK ME ANYTHING

As title says

17mo ago
Find out if you are being paid fairly.Download Grapevine
JazzyBoba
JazzyBoba
Zomato17mo

Bhai company band kab ho rahi hai??

SparklyDonut
SparklyDonut
Sharechat17mo

SC and Cred will cease to exist around the same time, dont worry.

JazzyBoba
JazzyBoba
Zomato17mo

Mereko kya mai to intern hu 😂

SparklyWaffle
SparklyWaffle
Yubi17mo

Yeah what's the hero product at Sharechat? Where is the revenues coming from?

BouncyPretzel
BouncyPretzel
Meta17mo

Ads

ZoomyRaccoon
ZoomyRaccoon
Sharechat17mo

Not really ads, major focus and sustainable numbers are coming from virtual gifting via Chatrooms and Livestream on SC and Moj respectively.

ZippyBoba
ZippyBoba
Stealth17mo

Work culture?

WigglyWaffle
WigglyWaffle
Snap Inc17mo

Terrible now. Product is a failure and not sticky at all, especially Moj but they think they are Instagram and wants brands to spend on Moj. Nobody gives a fwok about garib Bharat audiences. 😂

ZoomyRaccoon
ZoomyRaccoon
Sharechat17mo

Yeah, Moj is in turmoil if you compare SC growth

CosmicRaccoon
CosmicRaccoon
Stealth17mo

I don’t know when you joined ShareChat, I joined SC before it got its series C funding. Things were pretty good those days, and the only challenge we were getting was from Tiktok and majorly “Helo” which copied our UI and also scrapped content from SC. Those were good days. ShareChat starting laying off people since 2020, and things have become worser. SC’s ads machine is very bad. One of the PMs working in SC ads mentioned themselves. Currently, Ankush is the CEO. Back in 2018-19, Farid was the CEO who was later made COO.
Currently SC isn’t doing great. They closed Jeet11, which was kind of getting them money.

I just want SC to fare well. ESOPs vested hai… waiting for good buy back.
SC has a good hold in Tier 3 and 4 cities. They just need to make a good ad engine for better monetisation.

ZoomyRaccoon
ZoomyRaccoon
Sharechat17mo

Agree with your views on ads.

But SC's health overall in general is way better than what you are describing. Revenue is ever so growing up from Chatrooms, they are targeting to inflection point after which SC in isolation can be self sufficient, which is not far off in the future. Livestream will be introduced in SC soon, making more revenue.

CosmicRaccoon
CosmicRaccoon
Stealth17mo

I mentioned about ads alone. Chat rooms with audio was developed when I was in SC, and it did take off pretty well.
Well, my bet definitely is for SC to do good. Atleast, not selling ESOPs in the previous buy back should get me some returns. 🙂 Lot of people made loads of money in the previous buy back. Some of the people from the first 30 joinees earned upwards of 50Cr. That’s a huge sun of money. Am waiting for my turn. This a good way to FIRE.

JumpyUnicorn
JumpyUnicorn
Stealth17mo

what is the moat of sharechat? paise kaha se aata hain? kab tak aayega?

ZoomyRaccoon
ZoomyRaccoon
Sharechat17mo

Micro transactions. Virtual gifting via Chat Rooms in SC creator battles in Moj live stream. Apart from these ads, but that has not worked wonders like other two.

SwirlyPancake
SwirlyPancake
Amazon17mo

Titillating 1 on 1 chats

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