Re:The Indian startup bubble is insane
by ashishb on Sunday October 13, 2024 @04:00AM
(#41826062)
Leave 20X.
My concern is that some of these can't even retain their valuations (Oyo and Byju are valued below their total funding amounts already).
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You are right and I am simply putting myself in the shoes of the late stage investors. Perhaps they have been sold a story the drives confidence in a 2X return. When the story doesn’t hold up, there isn’t much of a multiples buffer to prevent losing money.