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FuzzyMuffin
FuzzyMuffin
Stealth

Sharechat status

What is the current state of sharechat ?

Last i heard, they were not doing well

15mo ago
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SwirlyTaco
SwirlyTaco
Meta15mo

I guess 3-6 months of runway left

WobblyMochi
WobblyMochi
Accenture15mo

That's always been the case for them. It's forever been a company with very little runway at any point of time.

JumpyHamster
JumpyHamster
Stealth15mo

The employee must in such a shit state. The market is bad without opportunities and the funding is drying up

DancingPancake
DancingPancake
Stealth15mo

Layoffs are happening today. As I type this!

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Product Managers
Product Managers26mo
by PrancingTacoDatabase Administrator

Crisis in ShareChat?

Heard on Twitter that social media app ShareChat is going BUST.

  • At ~$42m revenue, it's valued at 120x rev
  • ~95m DAU in rural India
  • Founders cashed out $10m in secondaries.

Is this true?