ZoomyPotato
ZoomyPotato

Thoughts on Sharechat

Are they dying a slow death? Is it going to create any value in the long term or just founders make some money via secondaries and chill in life

23mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SleepyBanana
SleepyBanana

Sabne paise bana liye. IQ also got a 50x exit 🫠

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Curated from across
Indian Startups
by SquishyQuokkaGojek

Sharechat valuation slashed by 60% 🚨

Sharechat raises 50M USD via Convertible Debentures from existing investors. The picture isn't as rosy as what it seems. Plus, twitter bio suggests that they are now positioning as an AI powered content platform? Welcome to the peak AI e...

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Product Managers
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?