Many companies will go bankrupt between January 2024 and June 2024 : Paytm CEO Vijay Shekhar Sharma

Distrust predictions; even economists err. Avoid armchair experts and celebrity founders' opinions.

Yes many companies will get bankrupt in the first half of next year. Mostly companies who raised at unrealistic valuations that don’t have enough traction for even a down round.

Enjoy this time. There is a brief moment in history where both the next big startup will be made and the big startup will fail in the same time.

Bankruptcy is still going on. Huge Bank getting bankrupt was the next level thing in 2023.

What he talks about cash flow? Why was he chasing GMV before then? What happened to his profitability marketing in stock market

He should worry about his paytm stock first and leave the economic forecast to RBI and NITI ayog.

As soon as appraisal cycle comes in , suddenly the market becomes gloomy.

Not surprising. Question to answer - how big will the graveyard get?

Systemic issue has led to the situation today, founders not being financially prudent + investors pushing for growth at all costs only. Sasta growth nahin chahiye, baiya.

A large audience with low to no monetization possibility the "growth" story of India will come under scrutiny. Large cheque writers have already left the market and if you look at the investing traction in 2023, its mostly seed or early stage, deals aka small cheques.

Bro on one hand US talks about decreasing rates to boost economy, but with inflation already high it will be bad. Its a different and confusing time for startup investors too. And whenever there’s confusion, pull the money out. Maybe that could be a reason even good startups struggle to raise. (Technically good startups should not be dependent on raising but nvm)

Well with how hiring has been, its only time till scaler now becomes the next byjus

Nope. I believe only this guy 👇