Koo is shutting down
Another startup that could have been something had it not been for the bull market and Tiger investing unnecessarily. Over $66Mn raised, and now it's over.
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And yet the founders will not acknowledge their incompetency!
They’ll shift the blame on Indian users and their mindset and how it is so challenging to build a new social media for Indians while ignoring the fact that X, insta, fb, whatsapp and prev. Tik tok are whales in India.
End of the day, these founders will be celebrated as people who drove massive fundings in, made millions and accomplished FIRE. Investor will get a tax write off.
Indian users - 0 Incompetent founders - 1
What did Indian users lose here?
Shouldn't it be investors 0?
@NinjaStorm They lose the confidence of people who truly are trying to solve something. Everybody thinks “Indians don’t value innovation and it’s worthless building anything for them”.
Koo was milking the VCs like a Chu and finally the startup was flushed down the loo!! Couldn't help but make this joke!! 🤣🤣
Bro waited his whole life to crack this joke
Not whole life, just since last year
Downloaded after seeing the news, 5 mins and I totally understood why they shut down!
Why?
one of my VC friends told the same to the founders 2 years ago, finally happened
Writing was always on the wall. Sharechat is not far away from this if things don’t change
Will miss kooooo :(