BouncyBoba

How is Daily Hunt doing?

Competitors like Sharechat seem to be struggling with string of layoffs and founders jumping ship. Is Daily Hunt also in the same boat? They hired Umang Bedi from Facebook but has he been able to turn it around.

26mo ago

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GoofyMarshmallow

Stealth26mo

They’re acquiring startups in the same space when they themselves couldn’t afford to reduce their burn and look towards a sustainable finance model. They’re getting a lot of PE, which is good for the business. But I feel they should start concentrating on themselves first. Head over the shoulders.

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Indian Startups27mo

by BouncyBobaSoftware Engineer

How bad are things in Sharechat?

lot of negative rumours- founders quitting, monetization efforts not panning out, mass layoffs. What does the future look like?

News Discussion11mo

by CosmicTacoGrapevine

VerSe's Valuation Slashed by 42% to $2.9B: Investor 360 One

Investor 360 One estimates VerSe's worth at $2.9B, down from $5B in April 2022
VerSe operates news aggregator Dailyhunt, backed by major investors like Ontario Teachers' Pension Plan
360 One owns a 2% stake in VerSe, disclosed va...

News Discussion29mo

by SquishyMochiCleverTap

What will happen to BYJUs/Sharechat type companies?

Will these cash burning companies just continue raising money and biding time or will they implode soon? Not well informed on this, genuinely want to know how this works And what happens to their 1000s of employees