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The Indian startup bubble is insane
- shehjar 2y agoDemand and supply is playing a big role in the valuations. One could argue that absent a MnA ecosystem, investors only have a handful of opportunities to multiply their investment. It leads to simple handing-off to next round investors as the one and perhaps only opportunity to get returns on the funds. Only recently has the ecosystem understood the potential for IPO in India as a potential for exit.
- ashishb 2y agoThat's true, but I wonder why these late-stage investors are investing at these valuations with complete disregard for capital efficiency.
- shehjar 2y agoMy guess is, late stage investors are bringing money from a different class of LPs, who aren’t looking for asset classes that grow 20x.
- ashishb 2y agoLeave 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).
- shehjar 2y agoYou 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.
- matrix87 2y agoI have no interest in using postman after they trashed all of my requests and subsequently tried forcing me to tie an account to it it's literally just an http client with a UI, better luck next time
- ashishb 2y agoYeah, never understood the charm of it either. My favorite is Bruno (https://github.com/usebruno/bruno https://github.com/usebruno/bruno), one can even commit its text-based files to version control. Insomnia is probably better but had a major fiasco last year - https://github.com/Kong/insomnia/issues/6577 https://github.com/Kong/insomnia/issues/6577
- matrix87 2y agohmm looks like they forked the pre-enshittified version of insomnia https://github.com/ArchGPT/insomnium https://github.com/ArchGPT/insomnium
- ashishb 2y agoWhat you linked to seems to be in archive and read-only mode already.
- yunohn 2y agoBruno didn’t exist until ~2yrs ago and was created as a reactionary alternative to Postman’s changes. What did you use before that?
- ashishb 2y agoI used curl before that. But I can see how curl will be intimidating for non-engineers. Now, I recommend Bruno to even non-engineers.
- yunohn 2y agoNotwithstanding your judgment of others’ ability to use curl - I wouldn’t compare API clients to curl at all. Clients like Postman/Bruno provide private/shared request libraries, detailed customization of the request/response, automated load and behavior testing, syntax highlighting and formatting, pretty printing and so much more.